Without Solar Panels: How Much Does Electricity REALLY cost?
I know, I know....everyone hates math. But think of it this way. These dollars we're talking about...are your dollars. Your kids college fund. Your vacation savings. Your retirement. Math is vitally important in your life. Regardless of whether you get solar, let us show you how to make it work for you.
Each month you get your power bill. To keep things simple we'll say it averages out to about $100/month. If it is more...WE FEEL YOUR PAIN!
You pay your bill. No big deal, right? You've been doing it for as long as you can remember. Because, let's face it...you don't have any other options.
Did you know that your power bill goes up about 6% each year. Neither did I until I started paying attention. It is small enough that we don't notice, right!? That means next year your average power bill is going to be about $106/month. $112/month the year after that. $119/month the year after that. See where this is going?
$100 /Month with 6% Inflation per year × 25 years = $65,837
After just 25 years you will have spent somewhere around $65,837....on your power bill....did i mention, you will have nothing to show for that $65,837? Not a thing.
That number is based off of a $100/month average bill. Is your's higher than that? Also, we only went out 25 years. chances are you're going to be paying your power bill much longer than that. $65,837 might seem like we are trying to be dramatic ... believe it or not ... we are being conservative. Is solar starting to make a little more sense? What you just read, is THE reason your neighbors are buying solar. Want to learn more?
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