Solar buyers in 2018 were nervous, today their happy because of rate hikes. Many Florida homeowners were understandably nervous about their decision to go solar in 2018, it was an uncertain time for solar energy. Those same homeowners are ecstatic about their decision to go solar in 2018 because power company rates have risen 80% in 6 years. Who could have foreseen such an incredible price hike by the major power companies in Florida? Families that went solar in 2018 are all the evidence any homeowner should need to see how fast time flies and the cost of power increases.
Time is fascinating because everything in the world is dictated by it. What’s the value of something? The value of anything is dictated by time because one day it’s worth a lot because it’s new, the next day it’s old and worthless, and the next year it’s a valuable antique.
Homeowners understand time flies and prices go up evidenced by the fact they bought their home versus renting. Owning a home is an investment and so is solar energy. An investment is a hedge against time, and that’s exactly what home solar energy is. Home solar energy is a hedge against guaranteed price increases for power.
In 2018, solar energy buyers experienced a mix of emotions. Initially, there was nervousness due to pending tariffs on imported PV cells and modules under the Section 201 process. The U.S. solar industry showed resilience despite the challenges it faced in 2018. So, while there may have been initial apprehension, solar energy buyers are happy about their decision to embrace clean energy in 2018 because it’s paid terrific dividends.
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