37.5% Electric Utility Rate Increase over the next 5 years.

There is an interesting fact in a publicly available 736 page document created by our local utility detailing their resource plans from 2011 to 2025.  It stated on page 56 that they expect the average price per kWh to go from 8 cents in 2011 to 11 cents in 2016.  This is a 37.5% increase over the next 5 years.

One way you can place a hedge against energy inflation is by installing a grid tied solar electric system.  This can lock in your electric rate at as little as 3 cents per kWh and this rate will remain nearly flat for the next 25 years.  Now you will smile even more when you see their rate increases...the more they raise, the more you save.