Nationwide, electricity rates have increased an average of 4.4% per year over the past 35 years, twice that rate in some parts of the country.
At the local level, Florida Power & Light (FPL) is asking for a $1.3 billion annual increase in base rates, which amounts to about $12.40 per month for the first 1,000-kilowatt hours used.
FPL dubiously notes that declining fuel costs will more than offset that increase for its customers. Regulators will vote on the increase in the beginning of 2010. As you probably know, the Lee County Electric Cooperative (LCEC) is not an energy producer and their goal is to buy all of their power from FPL within the next couple of years. This means rising prices at FPL will be passed onto LCEC and its customers.
One way to offset the inevitable rise in the cost of electricity is to become a small-scale energy producer at your home and/or business. Incorporating solar hot water and solar electricity (or PV) technologies into residential and commercial buildings can significantly offset the rising price of fossil fuels. As you move towards less reliance on nonrenewable energy from the large utility corporations, you´ll gain some independence from the utility companies, reduce your monthly bills, and minimize the impact our energy use has on the environment.
The first step is to apply the basic principles of conservation and efficiency to all of your energy choices. Then consider your energy appetite and needs, your site, and the resources available to you. A solar thermal system to heat hot water for the home, business, and/or pool can reduce about a third of your electric bill. Photovoltaics or solar electric will generate free electricity for decades and allow you to send power back to the grid. Think through your renewable energy choices carefully, speak with a solar professional, and evaluate how you can become a small-scale energy producer as there are numerous options.
You will immediately start saving money with solar technologies because the energy from the sun is free so rates will never increase!