Ask Solar Mike
4 min read

Homeowners in Mapleton, Utah, could soon be facing a serious hike in their power bills, thanks to Rocky Mountain Power’s latest proposed rate increases. As Mapleton residents, you already know the pinch of rising utility costs, but what’s coming next might leave your wallet even lighter. Rocky Mountain Power has proposed a whopping 29.7% rate increase that could potentially jump to 41.3% — a staggering figure for anyone trying to keep their monthly costs in check.

Let’s break down exactly what’s happening and how it could impact your utility bill. More importantly, we’ll explore how solar energy could help you avoid these massive increases.

The Numbers Behind the Rate Hike

Rocky Mountain Power initially secured approval for an 11.6% rate increase, but that was just the beginning. Now, they are proposing an additional 18.1% increase, which brings the total to 29.7%. If that wasn’t enough, the company may be forced to recover more of its costs in a shorter period — this could result in a rate increase as high as 41.3%.

Here’s how it works: Rocky Mountain Power needs to recover the money it lost during recent energy market fluctuations. Right now, they plan to do this over 24 months, but if they are forced to shorten that window to just 12 months, your rates could nearly double. What this means for homeowners in Mapleton is that your electricity bill could go up by a total of 41.3%. That’s a serious hit for any household.

How Much Could This Cost You?

For an average household in Mapleton, the rate hike could result in hundreds of dollars in additional costs per year, if not more. Imagine paying nearly 50% more for the same amount of electricity. For a household currently paying $200 per month, a 41.3% increase could add over $80 to your monthly bill — that’s almost $1,000 more per year.

Rocky Mountain Power’s rate increase might feel like it’s out of your control, but that’s not entirely true. There are ways to take matters into your own hands and reduce, or even eliminate, your dependence on the grid.

Solar Power: Your Way Out of Rocky Mountain Power’s Rate Hikes

With Rocky Mountain Power rates on the rise, more homeowners in Mapleton are turning to solar energy as a solution. Solar systems can offset your energy costs by allowing you to generate your own power right at home. Here’s how going solar can help you avoid those dreaded rate increases:

1. Lock in Your Energy Costs: By installing solar, you can lock in a lower, predictable monthly cost for energy. No more surprises when the utility bill arrives.

2. Take Advantage of Tax Incentives and Grants: Solar energy systems qualify for a variety of financial incentives, including federal tax credits and USDA REAP grants. These programs make solar more affordable than ever, allowing you to reduce your upfront costs and start saving money faster.

3. Battery Backup Solutions: With the right solar setup and battery storage, you can store excess energy generated during the day and use it during peak hours or in the event of a power outage. This not only reduces your reliance on Rocky Mountain Power but also provides you with energy security and peace of mind.

4. Increase Your Home’s Value: Solar panels can increase your property’s value, making it a smart investment for the long term.

Why Choose Ask Solar Mike?

At Ask Solar Mike, we specialize in helping homeowners like you navigate the complexities of switching to solar energy. We know that Rocky Mountain Power’s rate hikes are alarming, but we’re here to help you sidestep those costs and take control of your energy future.

With our expertise in solar systems and USDA REAP Grant solar projects, we’ll work with you to create a solar solution that fits your home’s needs and your budget. Plus, we’re Mapleton locals, so we understand exactly what this community needs when it comes to energy independence.

Don’t wait until your power bills skyrocket. Contact us at Ask Solar Mike today to learn how you can protect yourself from Rocky Mountain Power’s looming rate increases and start saving with solar.

By acting now, you can avoid the strain of paying 41.3% more on your electric bills and enjoy the long-term benefits of renewable energy. Let’s talk about how you can get started today — visit us at AskSolarMike.com or give us a call for a free consultation.

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