Location: Warwick, Rhode Island
Monthly Production: 1003 kWh
Date: November 2017
Shifting your electricity budget from the utility to your own solar pays off in many ways. This homeowner is now making $190 worth of clean energy a month.
Even better is what that comes out to when compared with today’s utility rate. The homeowner was paying National Grid $0.19 per kilowatt-hour of electricity. His solar price comes out to $0.07.
Maybe best of all, the sun – unlike the utility – never raises it’s rates. So the value of the solar electricity only goes up as time goes on and utility rates rise.