Florida Residential Electricity Prices
The price of residential electricity has historically trended upwards despite routine promises of future innovation resulting in lower energy prices. Based on the linear trend, electricity in 25 years will cost about 50% more than it does today. At a 3% annual increase, typical of expected inflation rates, electricity would more than double in the next 25 years. In other words, a $150 electricity bill today will be over $300 in 25 years! What if I told you that you could prepay for 25 years of electricity at well under the current price of about 11.5 cents per kilowatt-hour? Wouldn’t that be a smart financialRead More →