The Cost of Carbon-Based Energy
Here
are some of the facts about traditional carbon-based
(coal, oil or natural gas) electricity:
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Home
energy costs have increased about 9% per year for
the past 7 years in the Philadelphia area.
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The
Pennsylvania energy cap expires at the end of
2010. Realistic estimates are for the cost of
energy to jump by as much as 40% once this cap is
lifted. This cap has artificially held down the
cost of electricity. In fact, in the Philadelphia
area, PECO is running commercials that are getting
everyone ready for a HUGE rate increase!
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The
Cap and Trade program which is next on the Obama
administration's agenda will significantly
increase the cost of carbon-based energy. Whether
or not you believe that we are causing global
warming, you will indeed pay dearly for
electricity once this program gets through
Congress.
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No
new coal-fired electricity plants have been built
in many years, due to environmental concerns. This
has created power shortages in many parts of the
country, leading to additional increases in the
cost.
Answer
this question
- Do you want to be free of all these
future costs of electricity? If the answer is YES,
then you need to look into getting your own solar
power system. Contact a
solar consultant today to see if solar is right
for you.
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