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Old 10-21-2020, 02:38 PM   #7
thinkxingu
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Quote:
Originally Posted by Biggd View Post
The best way to offset that is to own Eversource stock or some other electric utility. They are pretty steady and usually pay a substantial dividend. Everyone needs electricity. It's right up there with food, clothing, and shelter.
They do exceptionally well when interest rates are low, like now.
I've owned Eversource since it was Boston Edison, almost 40 years.
Hahahaha! Never thought about that!

We pay $260/mth. year-round for our 2,200 ft² home that's all electric with central AC. We've considered changing energy sources, and we really should in terms of overall costs, but the initial outlay and potential issues have prevented us from doing so.

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