Electricity Prices Keep Rising. Solar Energy Brings Stability

With rise of oil and gas prices every year, electricity prices continuously rise, although in small amounts. Utilities generate power from fossil fuels. Dominion Energy, the largest utility in Virginia generates most of its electricity from gas and coal and 29% from nuclear. Virginia’s second largest utility company, Appalachian Power, derives 85% of its power from coal and gas. These utilities pass-through cost of electricity generation. Consumers pay for these cost increases through higher electric rates.

Going solar means part or all of the electricity demand is generated through photovoltaic energy and a large or all of your electric bill disappears. Solar panels you own today will continue to generate electricity for 25 years or more and this provides stability to your monthly utility bills.