• Business Business

Energy expert reveals 'uncomfortable truth' behind sudden surge in US energy bills: 'You're not imagining things'

It's not all doom and gloom for homeowners, however.

Energy expert Eric Whitehead shared a detailed analysis of the home energy market on SolarReviews, discussing rising energy bills.

Photo Credit: iStock

No matter which state you live in, it probably feels like energy bills have continued to get more expensive with seemingly no end in sight. 

Energy expert Eric Whitehead shared a detailed analysis of the home energy market on SolarReviews, where he pointed to factors such as extreme weather events and the rise of data centers for the explosion of energy costs.

"If you've noticed your electric bill creeping higher over the past few years, you're not imagining things," Whitehead wrote. He noted that the average residential electricity price has increased by 13% over the last three years. 

"But here's the uncomfortable truth: most energy analysts don't expect relief anytime soon," Whitehead added. 


It's not all doom and gloom for homeowners, however. There are plenty of ways you can upgrade your home and make your energy bills more affordable. 

Installing solar panels is one of the best ways to make your home more energy-efficient, bringing your cost of energy down to or near $0. You can take advantage of TCD's Solar Explorer to connect with vetted installers and save up to $10,000 on a solar installation. 

Whitehead's report became the focus of an interesting conversation among the r/solar community. 

Energy expert Eric Whitehead shared a detailed analysis of the home energy market on SolarReviews, discussing rising energy bills.
Photo Credit: Reddit

"Solar is an investment that pays you back! Why wouldn't you do it?" one user asked

FROM OUR PARTNER

Save $10,000 on solar panels — or get them on your roof without paying for purchase or installation

Whatever your solar budget, Palmetto can help you save.

If you want to buy your own panels, Palmetto's concierge advisors can help you save up to $10,000 on installation through a network of preferred installers. And if you'd rather get solar savings without upfront costs, Palmetto's revolutionary LightReach subscription program can deliver.

LightReach lets you lease solar panels with no money down, making it painless to lock in long-term savings. Palmetto covers a 25-year warranty for the panels, which means you'll get reliable performance without unforeseen costs.

To get started, just answer a few basic questions about your home and connect with Palmetto's experts to find the option that's right for you.

"Wife and I had our roof solar and battery backup installed on the 23rd. Barely got in under the wire for the tax credit, but the more important aspect is protecting against the insane rising cost of electricity," a second commenter wrote

Smart upgrades that slash monthly energy bills

If you'd like to make the upgrade to solar power, you have plenty of options to choose from that can work with whatever budget you have in mind. 

EnergySage can help you save up to $10,000 on an installation by curating competitive bids from local installers
‣ Not ready to spend up front? Palmetto's $0 down LightReach solar leasing program can lower your utility rate by up to 20%
‣ TCD's Solar Explorer makes it easy to access exclusive offers from preferred partners

An upgraded HVAC system can help you save up to 50% on your heating and cooling costs when paired with home solar. TCD's HVAC Explorer is a great way to find an affordable setup that is the perfect fit for you and your budget. You can even find no-money-down subscription options.

With the free Palmetto Home app, you can also unlock up to $5,000 in rewards for home improvements by completing a number of simple energy-saving challenges. The app also allows you to track and manage your home's energy use, making it much easier to boost your home's efficiency and save money.

Have your energy bills gone up in the past year?

Yes 👍

They've stayed the same 🙂

They've actually gone down ☺️

It's hard to say 🤷

Click your choice to see results and speak your mind.

Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.

Cool Divider