104 Avonlea Dr, Chesapeake, VA 23322
Compared with staying on Dominion Energy and absorbing every rate increase for the next 25 years.
I am sending over a quick recap of our conversation and the specific terms we discussed for your solar project. At EMPWR SOLAR, our goal is to make this process as transparent and “easy” as possible, a sentiment echoed by many of your neighbors in our 4.9 star Google Reviews.
Orange is Dominion Energy, climbing 7.5% a year. Green is your solar payment, locked to 2.99% a year. The gap between them is money you keep.
Your solar payment is lower than your power bill from month one, and the distance only widens.
All 25 years. Dominion Energy escalated 7.5% annually from $399 a month. Solar escalated 2.99% annually from $275.00 a month.
| Year | Dominion Energy | Solar | Saved / mo | Saved / yr | Running total |
|---|---|---|---|---|---|
| 1 | $399 | $275 | $124 | $1,488 | $1,488 |
| 2 | $429 | $283 | $146 | $1,748 | $3,236 |
| 3 | $461 | $292 | $169 | $2,033 | $5,269 |
| 4 | $496 | $300 | $195 | $2,343 | $7,612 |
| 5 | $533 | $309 | $223 | $2,681 | $10,294 |
| 6 | $573 | $319 | $254 | $3,050 | $13,344 |
| 7 | $616 | $328 | $288 | $3,451 | $16,795 |
| 8 | $662 | $338 | $324 | $3,888 | $20,683 |
| 9 | $712 | $348 | $364 | $4,362 | $25,045 |
| 10 | $765 | $358 | $406 | $4,878 | $29,923 |
| 11 | $822 | $369 | $453 | $5,438 | $35,360 |
| 12 | $884 | $380 | $504 | $6,045 | $41,406 |
| 13 | $950 | $392 | $559 | $6,704 | $48,110 |
| 14 | $1,022 | $403 | $618 | $7,419 | $55,529 |
| 15 | $1,098 | $415 | $683 | $8,194 | $63,723 |
| 16 | $1,181 | $428 | $753 | $9,033 | $72,757 |
| 17 | $1,269 | $441 | $829 | $9,942 | $82,699 |
| 18 | $1,364 | $454 | $911 | $10,926 | $93,625 |
| 19 | $1,467 | $467 | $999 | $11,992 | $105,617 |
| 20 | $1,577 | $481 | $1,095 | $13,144 | $118,761 |
| 21 | $1,695 | $496 | $1,199 | $14,390 | $133,151 |
| 22 | $1,822 | $511 | $1,311 | $15,738 | $148,888 |
| 23 | $1,959 | $526 | $1,433 | $17,194 | $166,083 |
| 24 | $2,106 | $542 | $1,564 | $18,768 | $184,851 |
| 25 | $2,263 | $558 | $1,706 | $20,469 | $205,320 |
| 25 yr | $325,478 | $120,158 | $205,320 | $205,320 |