In times of uncertainty, its nice to be certain about your electric bill. With all the crazy events going on right now, 2020 is set up to be a year for the history books. COVID-19 aka the Coronavirus is taking the world by storm. Sadly on top of killing thousands, it is also causing a panic which is shutting down factories, stores, events like NBA games, E3 and the Houston Rodeo, and stopping kids from going to school. All of these cause concern for business to stop or slow down. Quite possibly a change in your work routine as well.
To keep the uncertainty going, oil prices are dropping drastically which could affect our communities in west and south Texas where we depend so highly on the production and refinement of oil. Some of this can be a cause for panic and make you wonder about where that leaves you with employment all together.
In all the uncertainty it is nice to have something that is steady. Especially with the summer months coming and expecting those high electric bills coming.
What can I be certain about?
- What you pay each month. Be certain what your payment for electricity is. Because with solar, you wont need to budget for the electric bill that shoots up in the summer months. You are simply trading that bill you would of made anyway for electricity and using it to pay for your rooftop power plant.
- Your bill will never increase.
- You are adding value to your home and saving money at the same time. Can’t have your cake and eat it too? Normally that is true. But with solar, its just a better mouse trap. If your home qualifies and your rooftop is a good fit for solar, you could start saving money from day 1 and still be investing in your home. With solar, you pay the exact same amount for whatever term you choose. There are 5,10,15,20, and 25 year plans. Either way, when the plan is over, you own your panels and there is no more electric payment for the panels.
Typically the less certain you are about the future the less you are likely to invest in your home.
