We've all begun to see the effects of a change in the way we pay for energy. Rising energy prices and volatility indicate a marketplace facing increasing demand while becoming constrained by supply and environmental concern.
- Some of us see rising costs and wonder what future costs will be, and how they will affect our business opportunities
- Others wonder what environmental damage continued use of traditional energy sources will cause.
- Some wonder how reliance on traditional energy sources might limit the independence of our country and businesses to pursue strategic goals.
- Finally, we all want to convey the image that we are contributing toward a brighter future for our companies, employees & customers.
We have an opportunity to change the way we purchase electricity, and decouple
from volatile rate increases, pollution and reliance on foreign energy purchases.
See OnSolar's solution
Electricity Cost
| Area | 2008 Increase | 2009 (Projected) |
|---|---|---|
| New England: | +49% | +8% |
| New York / New Jersey: | +31% | +11% |
| South Florida (FPL): | +37% | +9% |
| Alabama / Mississippi: | +32% | +12% |
| National Average: | +28% | +10% |
Source: Energy Information Administration (EIA)
Drivers of Increased Electricity Costs:
- Strong global competition for energy
- New generation plants very expensive
- Increased electricity demand
- Utilities limited by impending pollution limits.
