You may be thinking, “why should I pay more for electricity if I don’t need it anymore?” but there are some good reasons why you should think about how much you’re paying for electricity.
For starters, you’ll have to pay less for electricity at the pump.
According to the Bureau of Labor Statistics, the average monthly electricity bill for residential customers decreased from $1,076 in 2014 to $1.532 in 2018.
The average monthly bill for commercial customers increased from $2,084 in 2014 in 2018 to $3,083 in 2018, according to the BLS.
That means you’ll pay less to pay more.
You also have to save energy.
According the Energy Information Administration, the annual cost of a kilowatt hour of energy consumed on the electric grid dropped from $14.47 in 2012 to $13.23 in 2018 after adjusting for inflation.
That’s because the increase in energy use has occurred as more people are using energy-efficient appliances and appliances that don’t require an outlet to charge.
This is a good thing.
For example, according the National Renewable Energy Laboratory, solar panels generate enough electricity to power a home for a month, which is more than the energy required to power the average American home during a typical month.
This year, the Energy Department is encouraging homeowners to get their solar panels on, which will help offset the cost of power.
There are also many savings to be had from switching from a fossil-fueled electric system to a renewable one.
You can buy your electricity from a renewable energy source, such as wind, geothermal, biomass, and biomass-fired plants.
For the average consumer, the difference in cost is minimal.
Renewables provide a steady stream of clean, renewable energy that can help offset carbon emissions.
Renewable energy sources like solar power are the cheapest energy source available for residential and commercial customers.
The EPA estimates that consumers pay an average of $0.02 per kilowatthour for renewable energy in 2018 compared to $0