Paying for electricity is never fun and rarely easy. In fact, in 2018, it was estimated that 31 percent of U.S. households have trouble paying energy bills. In the midst of a global health pandemic, millions of more Americans are falling behind on their electricity bills. With more power being used at home at rising utility rates, going solar is the best way to ensure the future of your home's electricity.
The Safety Net is Disappearing
As we head into August, a lot of the framework that has been set up to help U.S. citizens in this time of crisis is beginning to be dismantled. Most prevalent, safety net features such as supplemental unemployment income and regional bans on evictions are being raised. Critically, however, a patchwork of moratoriums preventing utilities from shutting off power and water are beginning to expire. As NPR puts it, this could lead to a “tidal wave” of utility power shut offs.
It goes without saying that losing access to electricity is not only inconvenient, but downright dangerous. With this in mind, heat wave conditions paired with a requirement to spend more time at home have created an unfortunate mix with extreme health and safety risks for millions of Americans this month that also face threats of eviction.
Increased Residential Electric Bills
As everyone is spending a bit more time at home, it should come as no surprise that electricity bills may be higher than usual. However, rising utility rates have caused some homeowners bills to skyrocket, especially as companies continue to increase tiered and time of use metering efforts. Empty office buildings nationwide wide have forced electric utilities to raise residential rates in order to recoup some of their losses as commercial electricity providers.
How Installing Solar Panels Can Help
The best way to prevent electricity bills from piling is to stop them in their tracks. Installing a home solar energy system can partially or completely eliminate the need to use any utility power.
With the right system, solar panels are guaranteed to lower the cost of your electricity, no matter how much time you are spending at home. By generating electricity right on your roof, solar companies in Colorado can help protect you against the rising rates of utility electricity.