Tag Archives | energy cost

Southern California Edison Rate Hikes SCE chart

Posted on 10/19/2011

The Price of Electricity is going up in Southern California.

I have the pleasure of visiting with all kinds of great people when I am consulting them on the benefits of going solar. I love when I meet a family and they have their Southern California Edison bills going back decades. I am a geek when it comes to raw data. This time it was one of my fellow solar consultants who just happen to have his bills for the last decade.

Some people I visit with do not think the price of electricity is going to go up, they think all the info I give them is subjective. However, you can not argue with objective data. The below represents the price per kilowatt provided by Southern California Edison over the last decade for a home in the heart of Orange County California. SCE has been billing in a tier structure for the last few years. Tiers1-5. Tier 5 is the most expensive electricity available in most of North America and is were the rate increases are the most sever. The sample home did not buy any tier 5 power from SCE over the past decade averaging 975kW per month. Imagine how higher the escalation would have been if they did

Southern California Edison

Please click the image to enlarge

I have included the data set for all you non-believers

data set link

If you want to take control of your energy use at your home, please contact me! I can help you save money and do the right thing for everyone! A fixed rate lease is the solution to future rate increases.

 

Solar Cost Fixed Rate Lease option

Posted on 06/09/2011

Solar Cost with a Fixed rate lease actually goes down over time due to inflation.

American Solar Direct has the financial structure and stability to offer a fixed rate solar lease. Thus, having a fixed rate solar lease program for your energy needs at your house will not only lock in the price you are paying for electricity, but allow you to hedge against inflation as well. There are not many solar companies out there that can offer a program like this.

The chart below represents the Consumer Price Index (CPI) over the past decade. As you can see an item that cost 180$ ten years ago now cost over $220. S0 if you can imagine a solar lease payment of 150$ that stayed fixed over the next 20 years at 150$ your lease price would actually be going down as inflation played its course.

Lock in your energy cost today!


Consumer Price Index

Consumer Price Index

 

Please contact Solar Joey to find out how the fixed rate solar lease can help you save money on your monthly energy bill while allowing you to get a solar energy system onto your home with little to no out of pocket money.