In case you missed the news, PG&E announced this week their intentions to file for chapter 11 bankruptcy protection.
Click here - to read the full story.
Cliff Note Version: the reason is they expect their liability from the devastating California wildfires would be more than $30 billion.
This marks the second bankruptcy in less than 20 years for California’s largest electric utility company, and the second-largest investor-owned utility in the nation. PG&E also said it would not pay interest payments due on bonds maturing in 2040, which would trigger a default. This is now the third largest third largest investment-grade default since 1998.
For homeowners, this likely means massive increases in their electricity rates. Utilities tend to pass on ALL costs to consumers 99% of the time and it’s really not fair.
The last time this happened in 2001, homeowners saw $1300-1600 increases in annual energy costs, and have been paying those increases ever since.
Are you ok with that?
YOUR RATES ARE ABOUT TO GO UP THANKS TO PG&E AND SCE CAUSING THIS FIRE:
KPIX 5 news said that PE&E and SCE have already asked the CPUC for a rate hike, some say that this can be a 50% increase on your electric bill!
Why should YOU pay for this?
Now you can fight back going solar on your home or business.
SDG&E AND SCE IS NEXT:
Do you think your rates won’t be affected by this tragedy?
SDG&E already has a line item reflecting the FIRE increases.
Get ready, this will effect everyone - You can’t run from this!
If you’re a PG&E customer, then rate increases are coming. This is unavoidable sorry to say.
It’s futile to fight against PG&E when it comes to increasing their rates. Utilities companies like PG&E have that baked into their business model. Generally, utilities have worked in the past to serve customers, but customers always bear the costs of unforeseen circumstances.
THIS INCLUDES BUT NOT LIMITED TO:
Utility rate instability
Planned high-wind blackouts
… and, of course, financial loss, like bankruptcy.
The PG&E bankruptcy will leave over 16 million customers seeking alternatives.
So ask yourself, what is t he best solution is to switch from PG&E to solar power?
CALL US NOW TO SCHEDULE YOUR APPOINTMENT
1 - (800) 275-2154
As one of the MOST ETHICAL home improvement companies around, QHIINC understand the challenges faced by households in California. We’d like to share how solar power can provide a better way:
RATE PROTECTION – Full protection guarantee from future electricity increases for the next 40 years!
NO BLACKOUTS – PG&E’s Planned high-wind blackouts have minimal impact on solar power customers.
ENERGY DISCOUNTS – Receive rate reductions with QHIINC’s Neighborhood Awareness Program.
EASY PROCESS – From sales to install, QHIINC support team takes care of it all.
We’ve been helping California customers reduce their monthly payments since 1993, even before the wildfires in California became a headline.
If you’re a PG&E customer, don’t wait for your own rates to skyrocket; reach out to us today. We’ll show you how you can save money and skip the anxiety and stress of PG&E’s bankruptcy filing.
PACE FINANCING - No money out of pocket, put the cost of solar on your property taxes.
UNSECURED FINANCING - OAC, we can place the cost of your solar system on a credit card type loan.
REFINANCE - We can do a complete refinance of your current loan and put the cost of the solar system in your new loan.
REVERSE MORTGAGE - Are you 62 years old? … Put the cost of your solar or home improvements in one loan and let the bank give you a monthly income at the same time.
CASH IS KING - For those who pay cash, get an immediate 10% discount on their solar electric system - USE OFFER CODE “QHI CASH”.
CREDIT CARDS - We accept ALL major credit cards, … Need to get some miles for next vacation?
WHAT ARE YOU WAITING FOR?
1 - (800) 275-2154
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* This offer cannot be combined with other discounts QHIINC offers.
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