Maryland’s electricity prices over the past ten years have been very volatile, making it difficult for anyone to plan for that part of their budget. Once we install your panels, you no longer have to worry about rising electricity prices for the portion of your electricity that comes from solar. You have effectively locked in your rates for the next 25 years. As prices rise, you receive a bigger and bigger benefit from your smart early investment.
Going solar reduces our reliance on overseas oil and gas and increases our energy independence as a country. As our own domestic sources of oil and gas dwindle over the coming years, it’s increasingly important to find alternative energy sources so that we can reduce our reliance on foreign fuel sources.
Maryland’s electricity rates have historically increased by 9% a year over the last decade, and are forecast to continue rising for the foreseeable future. We factor this into the payback calculations in our Solar Calculator and show you how much you can save with solar panels, by freeing yourself from rising electricity prices and effectively locking in your own electricity rates for 25 years!
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