Fighting Utility Bill Uncertainty
Utility costs are on the rise and there’s no sign of them slowing down. Consumers are feeling the pressure of constantly climbing electricity rates. As inflation continues to affect nearly every industry and energy demand increases, utility companies are charging more, which means your bills are getting higher. In fact, many experts agree that utility prices will only continue to increase, making it harder for households and businesses to keep their budgets under control. NYSERDA provides detailed information on historical energy rates throughout New York State for example. These patterns follow the same trends nationwide.
NYSERDA's Historical Electricity Data used to make this chart can be found here.
So, how can you protect yourself from these unpredictable cost hikes?
Solar energy.
Solar provides a sustainable alternative to traditional electricity. By installing solar panels, you start generating your own power from the sun, dramatically reducing your reliance on grid energy. Solar works, because in the summer you will make more electricity than you use, and "bank" these extra kWh credits to use in the winter. This means at the end of a 12 months cycle- you can potentially offset 100% of the electricity you use, with the electricity your solar system is generating.
Lock In Lower Costs:
One of the most significant benefits of solar is that it offers price stability. Price hikes, regulatory changes, and fluctuating demand all directly affect your energy bill. When you go solar, you minimize these uncertainties. Even if utility prices keep rising, your solar energy system will continue to operate with little ongoing cost. It gives you more control over your energy future and your finances.
Don’t Wait for Utility Prices to Keep Climbing:
The best time to go solar was yesterday. The next best time is Today. With the world increasingly moving toward renewable energy, the sooner you make the switch, the sooner you can start saving. Every day you wait means more money spent on rising utility bills and missed opportunities to lock in stable, lower energy costs for the long term.
Do you have more questions about going solar? Are you interested in seeing how much solar could save you? Reach out to us today and we will be happy to answer your questions and further discuss your options!
