I have been traveling for the last few months working with solar clients in many states in the northeast & installing solar hot water on farms in Western North Carolina. The northeastern states of New York, Maryland, New Jersey, Pennsylvania and Connecticut have something that we in North Carolina don’t have,
Energy Deregulation. For many folks in the West Coast energy deregulation has been a challenging proposition and has lead to a divided conversation of its value to the consumer. The fact is like telephone deregulation of the 80’s we will eventually choose who will be the next Sprints/MCI’s/and Verizon’s of the energy world.
With a little research we have the opportunity to be ahead of the curve as this the last of the large government regulated industries goes deregulated.
I have seen where energy deregulation along with a three step plan to get your home or property progressively independent of the energy grid is not only a positive way to go but can bring the added benefit of bringing extra cash into the homeowner or business’s pocket.
The plan works like this:
1. The first year you make as many home/business energy improvements as possible thereby saving as much as $40-300 a month with simple DIY projects. (see changes you can make below)
1b. Also in year one you should find a reputable company that supplies your
electric/gas at a cheaper rate than your utility and sign up. You can save
here a boat-load of money (up to 20% for both electricity and gas in
some areas.) Read my Energy Shoppers guide to navigate some of the pit
2. In year two install a solar hot water system onto your property
($6,500 fully installed) Receive 30% federal tax credit & 35% state credit
** state credits are different for each state. (Used solar systems can be
brought for as little as $2,500)
3. In year three install one 3-5 Kw solar electric system onto the property.
At this point you should be 80-90% energy – independent.
Each succeeding year you can continue to beef-up your system with additional panels and things like solar floor heating.
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