As they say, knowing is half the battle and since we know that energy volatility is going to change, looking at potential solutions is key.
Without question the most effective way to control energy costs is through Net Energy Metering. Currently depending on your market, you'll have varied solutions. Most of these solutions will be in the form or Net Energy Metering which is available through your current local power provider. The good news is that these solutions offer rate protection, but they are not available for everyone. If you own your home and your local power provider offers a NEM program, you could be in luck.
With the right NEM program, there would be no costs to transition and once you're participating in a program, you'll pay a reduced and controlled energy rate. Not all NEM programs are alike, so there will likely be small variations in your market. The key takeaway is that NEM offers homeowners a form of control over their energy rates that they don't have now. To see which if any programs are available in your area, click here.
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