SMITH COUNTY, TX (KLTV) – The temperature is still up, and so is your electric bill.
August was the hottest on record in Tyler, and you may see record breaking costs when your electrical bill arrives.
One East Texas man cut his bill by 70%, but he did have to lay out some cash first.
Dr. Howard Beggs is beating the heat, and the system with an array of things. He has 24 solar panels baking up electricity to feed his house.
“If I don’t change my usage, this will pay out in about eight years. But, it gives a return on investment of seven to eight percent, which is a lot better than you can do in a savings account,” says Beggs.
It cost around $25,000, but various rebates brought it down to $9,000.
Read the full article at KLTV.com.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.