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Preppers' Corner
Had a ground mount solar system installed
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<blockquote data-quote="Forgalspop" data-source="post: 3651132" data-attributes="member: 46636"><p>Yes, our electric company pays for the excess at a reduced rate compared to what they charge us up to a 125% offset. My calculations show that over time the system will pay for itself. Also it stabilizes my monthly electric bills throughout the year. We have a total electric house. Also, I know with inflation and the need for electric companies to build out their infrastructure to meet the demands of all the electric vehicles that will be coming on line in the next few years, electric rates will increase. Our electric company came and installed a new meter today that works with the solar system and the fellow installing the meter told me he knows rates are going up. The estimates I have found estimate electric rates will increase 3.5%/year. One only needs to look at what is happening in Europe and the UK. Their electric rates are skyrocketing. I believe it is headed America's way. That's my take on things. Time will tell if my thinking is correct?</p></blockquote><p></p>
[QUOTE="Forgalspop, post: 3651132, member: 46636"] Yes, our electric company pays for the excess at a reduced rate compared to what they charge us up to a 125% offset. My calculations show that over time the system will pay for itself. Also it stabilizes my monthly electric bills throughout the year. We have a total electric house. Also, I know with inflation and the need for electric companies to build out their infrastructure to meet the demands of all the electric vehicles that will be coming on line in the next few years, electric rates will increase. Our electric company came and installed a new meter today that works with the solar system and the fellow installing the meter told me he knows rates are going up. The estimates I have found estimate electric rates will increase 3.5%/year. One only needs to look at what is happening in Europe and the UK. Their electric rates are skyrocketing. I believe it is headed America's way. That's my take on things. Time will tell if my thinking is correct? [/QUOTE]
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