Wednesday, May 25, 2016

Placer County Wants You To Go Solar!

 

MPOWER 100% Financing for Residential Solar and Energy Upgrades!

Placer county wants its homeowners to go solar now!  They have created MPOWER to give the homeowner incentive to purchase solar through this program with NO Money Down!

Don’t wait! Apply now!
Add $1,500 in water efficiency measures when you apply between May 1 and October 31, 2016 and mPOWER will waive the application fee!

It’s a good time to look at MPOWER financing if you’ve been putting off needed upgrades for your home such as a new furnace and air conditioner, energy efficient windows, or even a solar photovoltaic system due to the high up-front costs.

MPOWER offers financing for up to 100% of your project costs with a fixed-interest rate and terms up to 20 years for many improvements.

Start saving money now and protect against utility price increases while increasing the value of your property and improving the comfort of your home.

I love this county program!  You can put solar on your roof with NO MONEY DOWN and start saving money day one.  In addition, you will receive a 30% federal tax credit to which you can either pay down the principal or put it towards your monthly payments and enjoy free energy for a few years.  Simply, the tax credit pays for your monthly payment from MPOWER, so there is no reason not to do this program!

If you are thinking about moving, think about how you can enjoy producing your own free energy while increasing the value of your home.  Having PV Solar on your roof will increase your property value up to 20%.  Real Estate buyers look for homes with PV solar first!  They love the fact that they will be paying less of a monthly payment to MPOWER than a higher bill to PGE.

MPOWER serves Placer County, though there are other programs in neighboring counties that I can discuss with you.  Send me a message and I will be more than happy to help you!

Tuesday, May 24, 2016

Ending up in PGE's SUE Tier will cost you big money!

Last year Cecil the Lion was hunted and killed!

At the same time, the CPUC announced a 5 year plan to not only show utility rate increases, but to also show a restructuring of utility rate tiers and how it will affect the homeowner.  The media coined this action as the "Greediest Grab Ever".

PGE Rate Structures

Beginning in 2016, PG&E will be reducing the number of tiers in the standard rate plan from 4 to 2 (reducing to three tiers in 2016 and to two tiers with a Super User Electric charge in 2017) as part of Residential Rate Reform efforts.
The two-tier rate structure remains in effect for gas usage.


Electric


Please notice that in 2016 tiers 2 and 3 are combined, which results in 3 tiers, instead of 4.  In 2017, PGE introduces a SUE tier (Super User Electric) and combines tiers 2, 3 and 4. Notice the SUE tier is the highest rate.

Now look at one of Energy Saving Pros customer's PGE bill for the last year...


Depending on the month, this customer uses between 1149 and 2276 kWh per month. 

According to a PGE customer service rep, she tells me that they calculate your kWh according to your region and season.  What this means is that if you live in a hotter area, you will be allotted a different amount of kWh usage than someone who lives out of your region.  The same goes for a region that is cooler.

Using the example above and taking into consideration how much energy he uses, his rate plan, the season, the time in which he uses his energy, the day of week, his region or city where he resides, he could be spending the bulk of his time in the SUE tier, being charged the highest rate.
 
This is a smart reason why you should consider solar now!