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.

"Solar is an investment that pays you back! Why wouldn't you do it?" one user asked.
"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.
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Have your energy bills gone up in the past year? Click your choice to see results and speak your mind. |
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