Tag Archives: electricity prices

LG & Sense

Breaking down the LG Solar and Sense partnership

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In May 2021, LG Solar and Sense announced their new partnership with the goal of empowering homeowners to make smarter energy decisions. LG has long been a household name due to their high-quality electronics and their subsidiary, LG Solar, has been no different. LG Solar is a leading manufacturer of solar panels with two residential series: the NeON 2 and the NeON R. 

Sense entered the energy space in 2016 with the launch of their Home Energy Monitor. Their energy monitoring system provides you with insights about your energy usage, allowing you to make informed decisions about what devices you’re powering and when you’re powering them. We sat down with LG Solar to learn a bit more about their new partnership, and its potential benefits. 

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Texas electric choice

Texas electric retail providers: what does it mean to have a “deregulated electricity market?”

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Texas recently experienced a series of devastating power outages that some are blaming on its instability caused by its deregulated electricity market. However, proponents of deregulation say that it can help cut down on costs and improve services to customers. Given this recent discussion, we will explain what having a deregulated electricity market means, how Texas’ electric choice affects customers, and how it can impact your savings with solar. 

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electricity bill savings

How to lower your electric bill

Reading Time: 5 minutes

Electricity prices are constantly rising, and finding ways to lower your electric bill can save you an impressive amount of money in the long run. In this article, we’ll talk about a few ways you can lower your bill through behavior changes, energy-efficient products, and larger home upgrades.

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saving energy with energysage part 3

Saving energy with EnergySage, part 3: Understanding your electricity rates

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This post is the third in our series about how to save on your energy bills even when you’re spending more time at home, as the entire EnergySage team is, in the wake of the COVID-19 pandemic (here are the first and second.) Continue to check our blog for more ideas for how you can take control of your energy bills in the coming weeks. 

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phantom loads

Phantom loads: what you need to know

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There are two primary ways to reduce your electricity bills: 1) by generating your own electricity with solar energy and 2) by reducing the amount of electricity you use every month. These two methods of reducing bills go hand-in-hand: if you use less electricity every month, then a smaller (and less expensive) solar energy system will be able to meet your needs. 

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electricity rates and solar cost trends

Is residential electricity price going up or down?

Reading Time: 8 minutes

If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.

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electric bill too high troubleshooting

Is your electric bill too high? Here’s how to troubleshoot

Reading Time: 6 minutes

If you own a home, you’ve probably experienced the shock of opening your monthly electricity bill in the mail and seeing a dollar total that is higher than you expect. It’s a common part of home ownership, and one that you can hear homeowners lamenting as electricity rates increase – “Why is my electric bill so high? Why does it keep going up?”.

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demand charges plus solar

How do demand charges work?

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In the past few years, utilities across the country — from Indiana to Massachusetts to Arizona — proposed mandatory or voluntary demand charges for residential customers. With the right resources and knowledge, it is definitely possible to reduce your monthly bill on a demand charge rate. But in many situations, including often for people with solar on their roof, demand charges can lead to more expensive bills overall.

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Top 5 Reasons Why Solar Panels Are Worth It in Massachusetts

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Solar panels popular in Massachusetts graphic
Massachusetts is considered a leading solar state. Find out why solar is so popular

Despite the state’s reputation for its cold, snowy winters, going solar is in fact a great way for Massachusetts residents to save money on their power bills. In this article we take a look at why solar panels are such a great investment for your home or business in Massachusetts.

Why are solar panels so popular in Massachusetts?

2015 was a big year for residential solar power for the USA. Massachusetts is going to be one of the states that leads the way as more and more Massachusetts homeowners and businesses discover the benefits of rooftop solar panels in MA. Once a state filled with underserved renewable demand, Massachusetts is starting to heat up as a leading solar state, according to various data reports. 

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What’s the Financial Value of Solar for Residential Customers? (Part 1): Ranking America’s 50 Largest Cities

Reading Time: 4 minutesFinancial value of solar with energysage

As a result of solar PV cost declines, rising utility rates, and supportive public policies and incentives, residential rooftop solar PV has become an affordable option for millions of customers, especially in America’s 50 largest cities. This is especially true if customers have the ability to access low-cost financing options like longer-term loans, leases, and third-party power purchase agreements (PPAs) that eliminate the upfront cost. Thus, the availability of solar PV (and other ways to more efficiently use energy) has caused many customers to seek their own degree of personal “energy independence” by focusing on ways they can diversify their energy choices and exert greater control over their utility bills.

However, most of the customers who want a greater degree of personal energy independence (and the community leaders who wish to help them get there) often do not understand (or are simply unaware) of how solar PV technology can help them save money and reap the rewards of a largely risk-free long-term investment. Often, the lack of familiarity most customers have with solar PV has the effect of increasing the costs (often called “customer acquisition costs”) that solar PV installers must incur to educate consumers and make a sale. When one considers that selling more PV systems is how solar installers can reduce their other costs and make their businesses leaner, more competitive, and cost-effective without incentives, educating customers and community leaders about the “dollars and cents” value of solar PV truly is paramount. Continue reading