Your Current Situation

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The price of electricity is impacted by inflation, infrastructure changes, supply and demand, and changes in policy. Currently, you do not have the option to contest the cost of your energy because you do not have an agreement in place that protects you. If your energy provider decides to double the price of your energy tomorrow, you would have no other option but to pay it to power your home. 

Inflation has impacted several families and businesses across the country. Some states have been impacted more than others such as California and New York. However, the inflationary pressures have impacted households and businesses utility rates. Specifically, California has endured a 45% increase in energy cost since 2021. As a result, there are property owners that are paying double the amount for the same amount of usage as years prior. Some property owners have taken significant efforts save each month by minimizing their usage, unplugging their appliances when not in use, and cancelling on projects that may increase their usage.  

Currently, you are purchasing your energy from your local energy provider, but have you ever investigated your price? The base rate of your electricity is provided along with the fees associated with providing your energy such as generation fees, transportation fees, and delivery fees. These fees average in the range of $40-100. Currently, you are paying for additional fees that cover your energy provider's expenses to purchase the energy, transport the energy to your state or region, and deliver them to your home.

In the event of a power outage, you have zero power to your property. Unless you have purchased a generator, you will have zero energy. Power outages may not be common in your area, so a power outage may not be a major concern for you. However, grid failures are unpredictable and the amount of time it may take for repairs is in the hands of your electric provider and municipality. Some areas may experience a power outage and be back to normal in a few hours, and other areas may experience a power outage and be back to normal after a few months. It's unpredictable. 

Your carbon footprint is based off your current energy usage. In general, the lifetime emissions of energy generated by gas plants is 12x higher than the process of manufacturing solar panels. If your energy is generated by coal, then it will be 20x higher than the process of manufacturing solar panels. 

Currently, you are paying for your energy without any incentives and value. The energy you are purchasing is not adding value to your home, increasing your carbon footprint, and providing zero tax benefits for both residential and commercial properties.