Tag Archives: natural gas

Rising natural gas prices: what to expect

As we kick off winter 2021-2022, you’re probably anticipating a jump in your heating bill due to dropping temperatures. According to the National Oceanic and Atmospheric Administration (NOAA), it’s actually slated to be a warmer winter than usual, with above-average temperatures predicted across most of the U.S. due to LA Niña climate conditions – but you should still be prepared for higher than normal heating and electricity bills due to the rising cost of natural gas – and other fossil fuels – across the world. In this article, we’ll explain why natural gas prices are increasing, where the increases are most dramatic, and how you can protect yourself from the volatility of fossil fuel energy sources (spoiler alert: going solar will help!). 

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Is residential electricity price going up or down?

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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Why is my gas bill so high?

When winter kicks in, it’s time to once again start heating homes throughout the country. For many homeowners, this means increasing gas consumption and the highest gas bills of the year. If you’re looking for ways to save on your gas bill, a great option is to electrify your home heating systems. Pairing electric heating systems with a solar photovoltaic (PV) system will help to insulate yourself from rising future costs of both gas and electricity.

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Pros and cons of electric water heaters

Heating water in your house requires a lot of electricity. In fact, roughly 12 percent of an average home’s energy consumption is spent heating water.  How much energy your own water heater consumes depends not only on how much hot water you use but also on the type of water heater you install. As such, when it’s time to install a new water heater in your home, it’s important to compare multiple options before making a final purchasing decision.

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