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Potential Savings – Managing the Cost of

Potential Savings – Managing the Cost of
What's your business' plan for managing energy costs? Would you be more likely to consider solar if you realized that your utility electric rates have been going up more than 6% annually for the past 40 years? For comparison, this is 2-3 times the rate of inflation in the Consumer Price Index and the Producer Price Index.

The high utility inflation rate compounds dramatically over time. A single kilowatt-hour, which today costs a business $0.18-$0.20, will increase more than six-fold to over $1.00 in 20 years’ time.

Enter below your monthly or annual electric expense and you can see what your 20-year electricity liability is.

For more on solar financing strategies, check out our Financing Strategy page.

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