03/31/2021
There are good reasons why Dominion Energy is trying to stop you from getting solar. You are their captive customer. They charge you the maximum amount that is allowed by law. Of course they want to keep you to have another supplier (In this case, the sun.)
The typical system that we install has a 6 to 8 year payback. After that, you can expect 20 years, or more, of free power. That is at today's utility power rates.
It would be naive to think that those rates will not increase, as Dominion is trying to do today. It is not a free market. Those rates are set by politicians but are also determined by the fuel charges that the utilities have to pay to fire their generators. Those charges are likely to increase. Have you seen fuel prices lately? Do you want to bet that electricity will not cost more 6 or 8 years from now?
More that half of our power comes from nuclear reactors. About half the rest comes from natural gas.
South Carolina has no natural gas resources, it all comes to the state via pipelines. Most of it comes from gas fields that produce gas via fracking. When the general public becomes aware of the dangers and environmental costs of fracking then it will be outlawed. What will happen to gas prices, and the resulting cost of electricity, when that happens?
In any case, you will be more than happy that most, or all, of your energy comes from the sun. Call us and let us do that for you.