Shocked by Your Last Electric Bill? Here’s How Solar Can Help
Were you thinking “that can’t be right” when you opened your last electric bill? You’re not imagining things. Electricity costs are going up everywhere, especially in Ohio.
The Public Utilities Commission of Ohio (PUCO) recently approved a massive rate increase that went into effect on June 1st. Most homeowners saw an increase of about $27 on their monthly bills, which adds up to an extra $324 in just one year.
That increase couldn’t come at a worse time. We’ve had one of the hottest June’s on record this year, and air conditioning has been a necessity not just to stay comfortable, but to stay safe. Increased AC usage combined with higher rates has meant astronomical electric bills for a lot of homeowners.
And things are only going to get worse. A new law that kills clean energy incentives is expected to increase electricity costs by $110 annually, starting as soon as next year, with some states seeing even higher increases of $200 or more.
If you’re fed up, it’s time to start seriously considering solar for your home. Solar panels generate clean, inflation-proof energy that gets you out from under your utility company’s thumb while saving you money every single month.
Save Money on Your Electric Bills
With solar panels, you can generate your own electricity using free energy from the sun. That means you buy less from your utility company, and your bills go down.
If you spend $160 a month on electricity and offset just 80% of that with solar panels, you’ll save $1,536 in one year. That adds up to $38,400 in 25 years, which is more than double what a typical installation costs.
Avoid Electricity Rate Hikes
By generating your own electricity with solar panels, you significantly reduce your reliance on the electric grid, which means rate increases don’t affect you as much, if at all. And, since solar panels have no fuel costs and require almost no maintenance, your electricity generation costs will never go up. It’s a long-term hedge against inflation that keeps your electricity costs fixed while utilities continue to jack up their prices.
Stop Relying on an Unstable Grid
Rising electricity costs go hand-in-hand with an aging and unstable electric grid. Installing home solar panels with battery backup ensures you can generate electricity no matter what happens with the main grid. Your panels will generate electricity whenever the sun is shining, powering your home directly and charging your battery. When the sun goes down, or the power goes out, your battery will take over so you can keep your essentials running at all times.
Don’t Wait—Tax Credits Are Ending Soon
If you’re sick of rising electricity costs, solar panels are the solution. They give you more control, save you money on your bills, and keep your electricity cost stable. Right now, you can save 30% on your installation with the federal solar tax credit, but this incentive is ending soon. To claim it, you need to complete your solar installation by the end of 2025.
Sustainergy Cooperative can help you take full advantage of the solar tax credit before it’s too late, but you have to get started soon. Take the first step today with a free, no-obligation assessment. We’ll estimate your installation costs and expected savings, and help you decide whether solar power is worth it for your home.
