Your comment about electric prices is generally true. Not necessarily so when it comes to Texas where the prices are set in a competitive market vs. regulators. They rise and fall generally based on the price of natural gas. Given the fact that natural gas prices have fallen in the past couple of years, electric prices in the Texas competitive market have also dropped (not risen) as well.
I realize you are writing in generally across for what is happening in the U.S. and the important point you were trying to make about checking out the cost of solar. I agree.
Just making the point that in a competitive market like Texas, your comment on prices isn’t necessarily so.
JTS, thanks for the heads up. As you noted, I was speaking generally. However, I would expect that my view holds true for the majority of states. Texas is very much the exception.
Thanks for commenting!
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Here in Utah the major electrical utility company has asked for several rate increases over the past few years and many of the requests have been approved. This has been somewhat of a shock (but not unexpected), because for the past twenty years or so our electrical prices have remained relatively flat.
Also, after comparing prices from our suppliers from last year to this year, I’ve realized panel prices have dropped near the 60% mark. It is only a matter of time before grid parity can be achieved.
There is a lot of discussion going on about Solar power, but where can the financial support be found for the businesses that can and are ready to put action to all this planning?
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