Source : www.energy.ca.gov/electricity/statewide_weightavg_sector.html
Electricity rates in California and across the nation have been slowly and steadily increasing over the last 25 years. In the last decade the fluctuations have become more extreme and because of the increase in oil and coal prices, electricity rates are expected to increase at a faster pace in the future.
A Cardinal Solar Capital PPA is structured to lock-in your electricity prices for the next 20 years - eliminating the uncertainty of the oil markets, and saving you money relative to electricity from the public utility. We set a price for the electricity we generate and then lock in an annual escalator (typically 3%) on those prices. You'll save a significant amount of money on your electric bills over the next 20 years, as illustrated in the chart below. 
Fetzer Vineyards in Hopland took a different financing route when it installed 4,000 solar panels in the summer of 2006, enough to produce 1.1 million kilowatts of electricity per year and handle 80 percent of the winery's electricity needs for its bottling plant. Fetzer financed its project through a power purchase agreement...
North Bay Business Journal |
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