The price of utilities is going insane everywhere ! My water bill has doubled in the last 6 years (now almost $90) and natural gas prices fluctuate all over the place. My gas is on a balanced plan where they adjust the price every year based on past usage: one year it was $35 a month, the next $60, then $85, currently $53..who knows what it will be next year...
We just had 15 solar panels installed on the SSW facing section of our roof for several reasons, we are awaiting final inspection before they can be turned on and then I can tell the power company to piss off:
(1) The power company has been charging me $30 to $45 a month for NOT having solar, billed as "renewable and non-renewable fuel adjustment cost" and "renewable energy rider". They are even charging us a fee to recover the cost of shutting down a coal fired power plant.
(2) The state of NM gives back a flat 10% tax credit on the cost of the system in one lump sum.
(3) The Feds are giving a 30% tax credit on the cost of the system until 2032 (you can only claim up to the amount of your tax liability for any year, and have 5 years to recoup the entire 30% - I will have to do it over two years). Anyway 40% off the total isn't a bad deal at all...
(4) The loan payback is less than my current monthly bill and will only go more in my favor as the power company continues to raise their prices.
(5) The power thieves have consistently increased their rates nearly 10% every year to pay for "improvements". I would hate to see what they would do if they were not semi-regulated by the state corporation commission.
(6) The power company does not have enough feeder lines to route electricity back into the grid in many areas of ABQ, so there are "Red Zones" all over the city where you cannot install solar. There are only 9 or 10 more houses that can add solar in my neighborhood before it reaches max capacity and gets Red Zoned. I called the power company to make sure the salesman wasn't pulling a fast one, and he wasn't- he had said they had enough permits for 20 more houses. (He did try to up-sell a $3,000 electric panel upgrade to 200 amps, but my neighbor the electrician who also has solar panels told him flat out that my 150 amp box was more than enough).
With 15 panels I will be making 30% more electricity than I can ever conceivably use even if I turned everything on in the house all at once and installed a hot tub and central air conditioning. The most we have ever used is 1,150KW in one month, my system on average should make 1500 KW (we normally use 650 KW a month). I should only have to pay the $8 connection fee even in the hottest months of the year.