Wednesday, November 17, 2010

Who Can Lower My Power Bill?

Back in the day when power bills were like $25-$30, no one really cared, like gas prices around the same time.  Now, when it's time to pay the electric bill, your whole day changes.  Your checkbook just takes it on the chin afraid to tell you how much is left in fear that you'll stab it. Back to reality, yep, you're throwing away another $200-$300 each and every month and for how many years now?

There is now a way to offset the homeowners dependency on their power company's electricity by using the Obama 30% federal energy tax credit?  This federal tax credit does not offset your principal income, but rather is a check back to the homeowner(s).  So, $10,000 worth of home energy saving upgrades is now only costing them $7,000.  There are also manufacturer's rebates available that are generally left over from recent trade shows and home shows, so be sure to ask for them.

Lower My Power Bill: To lower your power bill, you're going to use the governments money and the 30% tax credit to pay for the energy saving upgrades that you'll need in order to decrease your power bill by an average of 30%-50%.

Considering that the average energy bill is comprised of the heating and air conditioning, it would first make sense to address how the homeowner power bill drops by lowering the temperature of their attic.  During hot summer months the temperature of an attic can average 110-150 degrees.  How to lower the temperature of your attic can be remedied by scheduling a time for your home to have an energy evaluation completed.

Average electric bill savings is between $90 and $150 for a family that has an average power bill of $300 per month. This takes into the account that in the summer you may pay $400 or higher and in the winter you may pay $200 or less.  There is tremendous value provided by Lower My Power Bill to the homeowner with the "Power Bill Savings" plan. Here, a homeowner can upgrade their house with energy saving appliances like a solar hot water heater and a solar attic fan and not change their budget.  Energy savings equals savings in your wallet.  Considering that the traditional electric hot water heater amounts for approximately 25% of your power bill, you can now replace it with a solar hot water heater that depends on the sun to heat your hot water.  Many are sold on the fact that the solar hot water heater provides hot water for 3 to 5 days during a electric power outages.

With the money you're savings from these solar energy upgrades along with the federal energy tax credit, you've now put your family in a position to have 25% equity in your power consumption.  For example, if last month your power bill was $300, you'd be saving approximately $75 per month. Note: Actual savings is based upon many factors including how many showers are being taken daily.

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