Electricity Get's Even More Expensive for Homes Without Solar

Is electricity about to get more expensive for homes without solar?

According to California utility companies, and recent bloomberg.com article, roughly 1.3 billion in extra utility company expenses will be passed on to customers.
So in short, yes, and a solar installation may be the only thing that can grant you immunity.

Why is Electricity Getting More 

Expensiive?

1.3 Billion sound like a sizeable chunk of change…how exactly did utility companies incur this cost?
First of all, we know that renewable energy advocates and utility companies don’t quite embrace the same principles. California, being the leading solar state and hub of much renewable energy activity, has guidelines and laws in place that incentivize solar and prevent price-gouging by utility companies.
Power companies in California are required to buy back electricity from home solar generators at the same price rate they sell it. During the days as solar meters spin backwards, the utility company is theoretically “working for free” as power gets passed aloong the grid at a %0 mark-up.
As more solar arrays go up, less money flows into the traditional utility economy and more goes into the renewable energy economy, investors are more prone to look toward renewables, and so on. The stance of the utility company is that we can’t have a power infrastructure that no one is paying for, and they’re not going to foot the bill.

There’s No Such Thing As a Free 

Watt

Or is there?
Well, probably not – but it’s becoming more apparent that powering your home with solar is about the closest you’ll ever get.
With all the unique financing options available, the incentives, rebates, etc., it’s easy to put yourself in a situation where you’re no longer paying a varying monthly rate – you’re paying a fixed amount that’s lower than your average utility cost.
Either way, there is definately no free power in the eyes of the utility company, and that 1.3 billion worth of uncompensated operating costs will be nudged onto the lap of the consumer – intensifying the benefit of solar even further.