There’s nothing as immutable as the basic laws of supply and demand. Right? Well, a recent CNN blog post is saying not so fast. With worldwide demand for oil low, CNN’s blogger asks, “so why is oil trading high at $113 a barrel, more than twice the price it was trading at five years ago when the global economy was booming? What in the world is going on?” Continue reading
Hello to new EnergySagers –
I’m located in Massachusetts and I thought my recent experiences looking into solar PV for my house might be helpful for folks.
First off, I should say that I’m pretty lucky to have an unobstructed south-facing roof. I’ve been thinking about solar for a while, and watching prices go down, so a couple of months ago I started asking people who had installed solar PV panels if they could recommend companies. I found two through word of mouth and then I found three more via EnergySage.com.
If you’ve taken steps to save on electricity at home, but you’re not currently thinking about installing a solar energy system right now, consider the following.
A recent Associated Press headline read, “Shocker: Power Demand From U.S. Homes is Falling” but the real shocker came later in the article.
“Suddenly faced with shrinking sales, some utilities are asking for regulatory changes so they can charge higher rates per kilowatt hour in exchange for helping customers further reduce consumption . . .” Doesn’t this violate the basic law of supply and demand—that as demand goes down, prices go down, too? Continue reading