While there was little fanfare about it, Green Mountain Power’s rates have recently gone up 4.69%, and Burlington Electric is seeking to raise by 7.5%. What does this mean as you think about “going solar” for your Vermont home or business? Quite simply, it means that the economics of small-scale renewable energy systems got a bit better. Whether you buy your AllEarth dual-axis tracker (or fixed ground mount system) outright or through solar financing with a fixed payment loan, you’ll have renewable energy-powered hedge against much of your electric bill for many years to come.
In these uncertain times, are you willing to bet that these utility rate increases won’t continue? We aren’t either.
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