The Oaks Community has transitioned to solar power — a significant change that not only provides reliable energy in any weather but also offers substantial cost savings to residents.
Historically, PG&E rates have fluctuated between $0.40 and $0.50 per kWh. For instance, at a rate of $0.50 per kWh, consuming 7,500 kWh would amount to $3,750. However, with our new solar project, the rate is locked in at under $0.106 per kWh, meaning that the same usage now costs approximately $825. This translates to an estimated annual savings of $2,875 per household.
Moreover, PG&E rates are predicted to rise over the next 25 years (by 2050). Given that our solar power rate is secured at less than 11₵ per kWh, the financial advantages will only increase as PG&E prices escalate, ensuring long-term value and stability for our community.
.png/:/cr=t:0%25,l:0%25,w:100%25,h:100%25/rs=w:1209,h:785)