Rising Bills & Economic Strain

Did you know?

In 2022, the NEADA reported that over 20 million families, about 1 out of 6 families in the U.S., are behind in their energy bills. In total, these families are behind in over $16.1 billion.

This is unfortunately, to no surprise, considering it's reported that about 62% of Americans (211 million) are currently living paycheck to paycheck.

So if this resonates with you, you are assuredly not alone. The ripple effects of the economy and inflation have touched every corner of America in recent years.

This shocking increase in utility debt follows the increase of essential items..

Since 2018, the USDA reported an increase of:

26% increase in Transportation

20% increase in Grocery/Food

16% increase in Housing

14% increase in Medical Care

This utility debt spike, contributing to the growing paycheck-to-paycheck struggle, is further fueled by the recent surge in fossil fuel costs, driving up our energy bills.

In 2022, the IEA reported there was a 15.5% increase in electricity bills.

In 2023, the Florida Public Service Commission (FPSC) approved an increase of 15.1% for Duke Energy residential customers, the third-largest energy company in the U.S.

With those findings, from 2022-2024, there has been a 30.6% increase in electricity bills. There is another increase set for October of 2024.

This reflects a price increase higher than any other essentials just within just the past 2 years, rather than a span of 7.

It is estimated that in the U.S., electricity bills rise by an average of 10% each year.

If your bill is currently $250 monthly and increased by 10% annually, in just 10 years from now, you could be paying over $500 monthly.

Did you know, by transitioning to us as your energy provider, your current monthly energy bill could be reduced, for instance, from $250 to immediately about an average of $150, price-protected?

To put things in to perspective, at our only 2.9% annual increase, it would take 20 years before you're paying $250 again..

Switching incurs no out-of-pocket expenses, and involves no loans, no debt. It includes a custom solar panel system designed by our engineers, installation and all other associated up-front fees. A 25-year workmanship warranty, monitoring, system maintenance and repairs, manufacturer's warranty, service transfer guarantee, insurance coverage, and a 10-year roof penetration warranty—all included.

We're able to provide these savings at no out-of-pocket costs you, and the value of contributing to a sustainable future is truly priceless.

Reach out to us. With our team, we can assure you a no-pressure, fair evaluation that makes sense to you and your specific needs. We'll educate you on your options, provide you a solution, and show you that you do have a choice outside of traditional energy company monopolies.

Schedule an in-person or virtual evaluation with us: here

Sources:

https://www.ers.usda.gov/.../food-prices-and-spending/

https://neada.org/.../uploads/2022/11/20millionbehindPR.pdf

https://news.duke-energy.com/.../duke-energy-florida...

January 10th, 2024