When families take the smart step toward lowering energy bills and increasing property value by investing in solar for their home, there’s yet another way to increase savings beyond securing their energy independence. But to truly get the highest return on your solar investment, you need a strategy that ensures year-round optimization. That’s where Alberta’s […]
When families take the smart step toward lowering energy bills and increasing property value by investing in solar for their home, there’s yet another way to increase savings beyond securing their energy independence. But to truly get the highest return on your solar investment, you need a strategy that ensures year-round optimization. That’s where Alberta’s […]
Ever looked at your utility bill and wondered what each charge actually means, and why you’re paying for it? You’re not alone. These bills often include technical terms and fees that don’t always make sense at first glance. But once you break them down, it becomes much easier to see where your money is going, […]
Ever looked at your utility bill and wondered what each charge actually means, and why you’re paying for it? You’re not alone. These bills often include technical terms and fees that don’t always make sense at first glance. But once you break them down, it becomes much easier to see where your money is going, […]
Solar power is gaining traction among Canadian businesses for one simple reason—it makes financial sense. What used to be seen as a niche environmental move is now a smart investment strategy that reduces electricity costs and improves business resilience. Energy costs in Canada fluctuate, and businesses that rely solely on the grid are vulnerable to […]
Solar power is gaining traction among Canadian businesses for one simple reason—it makes financial sense. What used to be seen as a niche environmental move is now a smart investment strategy that reduces electricity costs and improves business resilience. Energy costs in Canada fluctuate, and businesses that rely solely on the grid are vulnerable to […]
Rooftop solar power is turning heads for good reason. Canadian homeowners are discovering that solar panels both lower electricity bills and add serious value to their properties. With energy costs on the rise, generating your own power makes both financial and practical sense. Plus, the long-term benefits stack up year after year, making solar a […]
Rooftop solar power is turning heads for good reason. Canadian homeowners are discovering that solar panels both lower electricity bills and add serious value to their properties. With energy costs on the rise, generating your own power makes both financial and practical sense. Plus, the long-term benefits stack up year after year, making solar a […]
Luke Killam is an energy industry expert with more than 20 years of experience in operations, business strategy, and renewables development. Drawing on his industry expertise and analytical mindset, Luke and his team help homeowners compare solar quotes and select the right system to meet their family's needs. GreenKey simplifies the process by vetting providers and offering expert-backed recommendations, ensuring homeowners get the best quality, value, and service. With a background in business statistics and an MBA, Luke is committed to making solar projects seamless and stress-free.
While it’s great to hope for lower costs, national energy demands are rising, and infrastructure upgrades are needed to support increasing populations. Temporary dips may happen, but significant, long-term reductions are unlikely without substantial changes in technology or government policy to drive down production costs.
Electricity prices might seem stable in the short term, but underlying factors—like inflation, infrastructure maintenance, and new technology—make it unlikely that they'll remain unchanged for long. Even if prices hold steady for a while, long-term projections suggest gradual increases to the price of electricity due to rising populations and demand.
Electricity prices are expected to rise due to inflation and the costs associated with increasing populations and demand. Infrastructure upgrades, carbon pricing, and geopolitical factors are also likely to contribute to higher costs. Securing energy independence for your family could help buffer you from rising electricity costs in the future.