Richmond VA Class A Licensed Contractor - Phone 804-980-5609

Price of Electricity

As seen from this graph, prices for electricity have risen drastically in recent years.

The last couple of years have been particularly hard on the pockets of the middle and lower classes in the United States.  Most of us in Virginia rely on electricity for supplying the energy to cool our homes in the summer.  Many of us, especially in lower regions of the state, rely on electric-powered heat pumps for doing both the cooling and heating for our homes.  What does it mean then when electric prices and unemployment rates soar simultaneously?  It means that heating and cooling our homes is hurting our pockets in a big way.  NOW is the time to upgrade your home’s insulation.  With these crazy electricity prices, the return on investment will be shorter than ever.

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