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Fix Your Power Rates – For 20 Years!

http://www.mycarbonfreeenergy.com/greenpower/solar/20-year-fixed-electric-power-rates-in-maryland/
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Tired of Yearly Power Rate Increases? Tired of Re-negotiating Your Energy Contracts?

Residential Solar PPA
Then do it ONE LAST TIME, but make it good! Click There ===>

Have you received a terrific offer from a third party electric supply company (ESCO) claiming they can save you money on your energy bill?

So you’ve compared their rate to your local distribution company’s (the utility company that prints and mails your bill to you) standard offer service rates and indeed you can save a bundle by switching, but have you researched all the got-cha’s?

If you are offered a variable rate product, you will want to confirm:

1) Is the advertised rate a teaser rate which will rise to a market price or even higher after a few months, like North American Power‘s 4th month surprise rate spike? (Not all customers receive a rate spike, but mine went from NAP’s 8 cent / kWh teaser rate to about 12 cents / kWh at exactly the wrong time: during peak power usage on a hot summer month.)  A 50% rate increase! Surprise!

2) Does your variable rate have a cap like Starion’s 6 month rate cap? (They recently canceled their capped plans.)

3) Is there a monthly service fee? How much does that monthly service fee add to your bottom line total price per kWh? It counts too! Just like all the other junk fees – add them up and see if your negotiated rate is still looking that great.

4) What are the costs, if any, to switch to your new electric power supply company and to cancel?

Power of the Sun
Power of the Sun

If you are offered a fixed rate product, you should confirm:

1) How long is the fixed rate term? 1 year? 2 years?

2) What is the early termination fee for the contract?

3) What is the monthly service fee or minimum billing amount? IF you bill under  their minimum or over their maximum, do you have to pay bandwidth penalties? Are there tiers? Time of use penalties? Peak power or demand charges? Power factor penalties?

4) Does the contract auto-renew at the end of term and automatically lock you into a higher rate product without right to rescind like Washington Gas and Energy Services’ contract?

With both variable rate and fixed rate electric power plans, you should know:

The rate you are being offered by your ESCO is not the rate you will be paying. Remember, after you negotiate your energy supply rate, that electric power still has to be delivered to your home.

How Much Can Solar Save You?
How Much Can Solar Save You?

Your final “all-in” energy cost will include:

1) Energy supply cost;

2) Transmission cost;

3) Distribution cost;

4) In some cases it will include demand charges, time of use tariffs, multiple rate tiers based on volume;

5) Surcharges to pay for all those cheap CFL‘s your utility company sells through Cosco, and for their many other incentives;

6) Taxes, hidden taxes, disguised taxes, and more taxes;

7) Junk fees of all sorts

All of these fees can add an additional 3-5 cents / kWh to that great new energy supply rate you just negotiated.

Take the total amount you are paying on your bill and divide it by the number of kilowatt-hours of usage for the month. That is your true rate. Not what you expected? Quite a bit higher than that negotiated amount you saw on the postcard you received or that the guy who knocked on your door quoted to you? That’s typical.

However, after 1-2 years and your contract expires, then what?

You will have to renegotiate your energy rates all over again and look for a new energy supplier. How much do you want to bet that the starting point for the new rates will not be lower? They might be, but the odds are not in your favor. Think about it this way, in which direction do the rates have more room to move, up or down? How would YOU hedge that bet?

If you think that fracking and other new technologies will bring the price down, consider how the free market will affect the apparent surplus we are experiencing in the United States: All but one of the US LNG terminals are configured to import natural gas from overseas. Since the price of LNG in energy hungry China is significantly higher than it is in the United States, investors are working on retrofitting the import terminals to adapt them for energy export, a process which takes time. But when China gets a hold of our natural gas, the US becomes a giant energy exporting country and there goes our surplus and along with it, our low energy prices.

How does this affect electricity prices? Natural gas is the most volatile component of electric power pricing and therefore has the greatest effect on pricing on an inelastic commodity.

Confused by all that information? You don’t have to be…

Do you want peace of mind and an easy solution?

Do you want others to do all the hard work for you?

Best of all, do you want to lock in your energy rates at a competitive price for 20 years using clean, renewable energy and have large renewable energy investors front the bill?

What’s the catch? The investors who pay for your solar system get their money back plus a reasonable profit margin by selling this green power back to you for 20 years. It’s a good deal for them.

Do you want to know how good the deal can possibly be for you?

Use our solar energy calculator to find out with no obligation!

We need to look at your home’s roof using Google Maps and get an idea of how much energy you use in order to quote you an energy price.

Please click here to enter your address and energy usage data into our system, and an energy adviser will call you to answer your questions and give you an estimate.

No obligations. No spam. No pressure.

What can you lose? (Except your high energy bills?)

Solar Powered Savings

Do You Qualify for a No-Cost Solar PPA*?

To determine if your home qualifies for a no-cost solar installation, please click “Join Now” and enter some basic information about your home.

A consultant will contact you by phone as soon as possible to let you know your options. There is no charge for the estimate and no obligation to buy anything.

How Much Can Solar Save You?

Your name, phone number and email address will never be provided to third parties – we hate Spam!

 

*What is a PPA?

A PPA stands for “Power Purchase Agreement.” You are in a PPA with your utility right now. But is it the best PPA for you?

Your current utility’s PPA: They paid for a coal, nuclear or other kind of electricity generating plant with investors’ funds somewhere “out there.”  You are paying them for the electricity they generate and that’s how they pay off their investment in the generating plant.

Your new Solar PPA: SolarCity has large investors who fund the materials, installation, maintenance and warranty of a solar power plant which SolarCity installs and owns on your roof.  You just pay SolarCity for the electricity they generate each month and that’s how SolarCity pays off the investment in your solar system on your roof.

What the Difference?

With a solar PPA, the goal is to secure long term savings on the energy you use by generating clean, green solar energy at a lower price than what your utility charges.

You save money,  the environment is protected, so why not start today? The only one that loses is the coal powered electricity generation plant!

What are the hidden charges?

None. You are protected by SolarCity performance guarantee, 20 year warranty, and other protections. If something breaks, SolarCity will fix it at their cost per SolarCity‘s PPA contract which you can find on their website.

Let our consultants answer your questions.

After filling our the form above, you will be contacted by an energy consultant who will ask a few questions about how much energy you use, etc.

If the Solar PPA is a good fit for you AND SolarCity, a consultant will be scheduled to visit your property in person. All at no cost and no risk to you.

Please contact us via the form above to learn more!

 

 

 

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28 Comments

 Add your comment
  1. Only a good deal if you plan on living in your house for 20 years. What happens in 10 years if you need to pack up and move? If the prospective buyer of your house wants to take over the lease, you are golden. The challenge comes in when prospective buyers try to qualify for the lease and are unable/unwilling to. Better off purchasing, if possible.

  2. OR, you get the Shit panels out of China which catch fire and burn down your house!

  3. Going Green Puts Green in Your Wallet

    Careful how you represent yourself, with your foul language and misinformation about our panels, when your profile image has a cross on it, unless you think it is appropriate behavior for your beliefs. An example of “Bearing False Witness” is when you smear someone else´s reputation like you are doing without any evidence that what you are saying is true, Brian Lofton 4 out of 5 solar customers in Maryland chose our company. That wouldn´t be true if we had the kind of problems you insinuate.

  4. Going Green Puts Green in Your Wallet

    Our engineers use the best panels for your application, which have passed rigorous standards of quality and longevity. Why would we risk your house and your assets when our own contract states that we are liable for damages and must repair them? Check out our contract. We publish it openly on the web in the hopes that our competitors adopt its high standards. It is also open for your scrutiny.

  5. Going Green Puts Green in Your Wallet

    Good question, Darryl Jones. For the new owner to be eligible to take over the lease, they need to pass the credit test. If your buyer can obtain a mortgage to buy your property, then they will pass the credit test to assume the lease or PPA.

  6. Going Green Puts Green in Your Wallet

    If you take into account that the seller´s property value increases by $ 5.30 for every watt capacity of solar PV they install, then you can conclude that buyers generally want solar because the higher price is due to higher demand for the property. These are government figures and I can provide a link to the document citing this statistic.

  7. Going Green Puts Green in Your Wallet

    10 years from now utility rates are bound to be higher than they are today. If the seller has a PPA with a low rate locked in, then the reduced energy cost of the house should be attractive to the buyer. Of course, there are ALWAYS irrational people in the world, but concentrate on the majority of people, who can intelligently analyze the savings they are receiving.

  8. Going Green Puts Green in Your Wallet

    You mention a lease, Darryl Jones. Are you familiar with the differences between a lease and a PPA, and why the solar PPA protects the consumer?

  9. I looked at them both and determined purchasing was for me. Good and bad go along with all, individual circumstances are the difference.

  10. Going Green Puts Green in Your Wallet

    You are absolutely right, Darryl Jones. There´s no such thing as a universal solution which is good for everybody. That´s why we present many options besides the Zero Down Solar PPA, including lease, energy prepay, outright purchase, etc. In any case, I´m glad you went solar! We need more people like you.

  11. Going Green Puts Green in Your Wallet

    And by the way, try our solar energy savings calculator at the above link and specify “American Made Panels” in the comments and see what you get, Brian Lofton

  12. You speculate that a prospective buyer will want to assume the lease or PPA. Once a prospective buyer takes a look, they may not want to. The pool of potential buyers then goes down. Please provide any and all links that provide the statistic for home values increasing with solar.

  13. Going Green Puts Green in Your Wallet

    The New York Times article can be found in the margin, about mid-way down, on the following blog article: http://www.marylandgreenpower.com/greenpower/solar/20-year-fixed-electric-power-rates-in-maryland/

  14. Going Green Puts Green in Your Wallet

    There is an 80 page document produced by the Federal Government on this subject which I provide to customers who have requested a quote from us.

  15. What I find sad is that solar city won´t bother to do a site consultation, instead they use google to determine sites…very bad practice!

  16. Going Green Puts Green in Your Wallet

    My job as a Field Energy Consultant is not to sit in a field, but to consult with customers at their site so I am curious as to how you are coming to this conclusion? Did you have a bad experience with a headquarters rep who didn´t want to send someone out to your home? You are not far away from my office, Bill C Beekeeper, call me for an onsite consultation: 240-444-6951.

  17. Going Green Puts Green in Your Wallet

    Bill C Beekeeper I like your FB page and your fight against GM foods, etc. Let´s team up to make an impact on Maryland!

  18. Solar isn´t mature enough at this time, which is why the government has to force others (in the form of tax credits, grants, etc) to subsidize the technology. Unless something radical has changed in the last couple years, it took more time to achieve parity (getting out what you put in) than the equipment was warranted for.

    Like, years more. Six years in my case, and I have a relatively efficient home (e.g. brick with blown insulation, 60,000 BTU wood-burning fireplace insert, CFL and LED lighting, Energy Star appliances, propane in-line water heater etc) and had stock in silicone/PV panel manufacturers…

    The equipment needs to either be made better (guaranteed to last longer) or the panels need to get more efficient (better ROI). Otherwise, it´s just a waste of money for the average consumer. My next home will have geothermal heating -- I hope solar catches up by then because it´d be great to have one run the other. THAT would leave the green in my wallet!

  19. Thanks for another excellent article. Where else may anyone get that type of
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  20. Going solar is almost as easy as switching your cell phone carrier with this system, and less costly. The solar system is like a utility company on your roof, where you pay nothing for the solar system and just make fixed rate monthly payments for the solar power generated, at a much lower rate than your current utility rates, and without all those junk fees, taxes, subsidies and transmission costs.

  21. Going solar is almost as easy as switching your cell phone carrier with this system, and less costly. The solar system is like a utility company on your roof, where you pay nothing for the solar system and just make fixed rate monthly payments for the solar power generated, at a much lower rate than your current utility rates, and without all those junk fees, taxes, subsidies and transmission costs.

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