Electricity is Scaring Me.
Bill and I have been really concerned about recent electricity price hikes. One of our last bills was $660 (that's a quarter) an increase of 21% on the same bill last year.
News reports are estimating that we can expect an increase of another 17.2% by July this year and a further 62% by 2013.
Now, if this doesn't scare you, well .....you're either living off the grid or you have more money than sense.
We have tried really hard to rein in our electricity consumption. I run around like a crazy woman turing off lights, appliances and computers, when not in use. We limit our pool pump time and use our gas where we can. And still we end up with a $660 bill!
So with the money from the sale of the camper we intend to install some solar panels on our roof. For around $2000 we can install a panel system that will cut our electricity bill by one third. As we add more panels, of course the electricity bill goes down further. Until we are generating so much energy we can run our home and put electricity back into the grid for credit.
What do you guys think? Are you worried about electricity prices? Are your bills as crazy as mine or do you have ways I don't know about to keep your electricity bill down? I'd love to hear your comments.