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Slash Your Electricity Bill: Solar Panels vs. Xoom Energy's Power Up Promotion

Updated: Dec 4, 2024



THE TEAM understands the desire to lower your electricity bill. While solar panels are a popular option, they come with a hefty price tag and installation complexities. Today, we'll explore the pros and cons of solar power compared to Xoom Energy's Power Up Promotion offered through ACN, a referral program that can potentially eliminate your entire electricity commodity charge!


The Solar Panel Path: Owning Your Power

  • Cost: Solar panels are a significant investment, with upfront costs ranging from $10,000 to $30,000 depending on your home size and energy needs. While government incentives can help offset this cost, it's a substantial initial outlay.

  • Risk: Solar panels require maintenance and repairs over time. Additionally, their efficiency degrades slightly each year. Consider the warranty length and potential repair costs before investing. The old saying "they don't make em like they used to" is more true every year. In the 2000s we see devices like phones operate slower causing you to purchase the latest model. Vehicles have more complexity and electronics that always seem to fail right when the warrantee ends. Appliances like fridges or washing machines from major brands are engineered to fail because that increases profits from maintenance and replacement parts. With all of this happening around us, can we honestly believe that the $10k solar system will last 20-40 years? I suspect it's more likely that a few short years after the warranty ends the consumer will have to replace the majority of the hardware. With automakers like now selling subscription services to use vehicle options, it wouldn't shock me that you might even need to pay for an ongoing subscription service to even use your solar panels.

  • Complexity: Installing solar panels involves permitting, roof evaluations, and professional installation. The process can be lengthy and require navigating various contractors.

  • Uncertain ROI (Return on Investment): The time it takes for solar panels to pay for themselves varies depending on your energy usage, electricity rates, and any incentives you receive. It can take 7-10 years or longer to see a full return. That is also assuming that regulations and laws regarding micro-generation don't change in that 10 year period. In places like Alberta, the provincial government is putting a stop to major renewable construction projects across the province.

  • "Saving" the environment: Solar panels, while environmentally friendly in their energy output, have a notable carbon footprint stemming from their materials and manufacturing processes, involving mining, melting, and cooling. The extraction of metals like silver, copper, indium, and tellurium for solar cells creates emissions and pollution. Solar panel facilities necessitate land clearing, energy-intensive operations often reliant on coal, and water usage for cooling, posing environmental strains. Different panel types—monocrystalline, polycrystalline, and thin-film—vary in manufacturing methods and carbon footprint, with thin-film generally having a smaller impact but employing toxic materials. Transportation emissions further contribute to the overall footprint. While solar panel production emissions pale in comparison to traditional energy sources, challenges such as recycling and minimizing environmental impact persist, emphasizing the need for technological advancements and robust recycling systems. Solar panels are better for virtue signalling that you are a wealthy environmentalist than they are for saving the environment.


Xoom Energy's Power Up Promotion: Simplicity Pays Off

  • Cost: The power up promotion is available to Independent Business Owners (IBO) in ACN. As an IBO you can become an certified energy consultant with Xoom Energy allowing you to sell Xoom Energy services to consumers making an extra income for you household. If an IBO sells 12 electric and/or gas services they receive bonus that is the average of the commodity portion of their referrals bills. To be an ACN IBO currently the cost is $299 and $25/m. Since all the training with ACN is FREE the only other cost is some time an effort to learn some basic sales skills to refer 12+ customers to Xoom Energy service. That is definitely more affordable then a solar installation.

  • Risk: Of course, there is a risk that you won't find 12 referrals. ACN has a 30 year history in training regular individuals on how to make an extra income selling essential services. The program relies on successful referrals that pay their bill on time, but by referring more than 12 customers, you mitigate the impact of an individual customer leaving Xoom or not paying the full balance of their bill.

  • Complexity: The program is incredibly simple! You share your ACN storefront website with a customer and they can sign themselves up for energy service. After that, Xoom Energy takes care of the rest.

  • ROI (Return on Investment): The potential payoff is significant. With 12 active referrals (or more) the bonus you get paid will probably cover the entire commodity part of your monthly electricity bill! The faster you refer, the faster you start saving. Of course the distribution, transmission and taxes must still be paid. The hope of a solar system is that you begin to save significant money after 10 years of paying off the installation. As an ACN IBO, there is no limit to how FAST you can refer 12 customers to Xoom Energy. If you want to achieve the power up promotion within 24 hours of joining ACN you can do that.

The Bottom Line:

Solar panels offer long-term energy independence, but require a significant upfront investment and carry some risk. Xoom Energy's Power Up Promotion provides a simpler, faster path to potentially eliminating your electricity usage charges. It allows you to leverage your network to achieve this promotion without the complexities of solar panel ownership.


Ready to Power Up Your Savings?

Head over to our website and speak with one of Alberta's most experienced energy consultants to learn more about the Power Up Promotion and start referring your friends and family today! Together, let's break the mold of traditional energy bills.


THE TEAM

Alberta's Experienced Energy Consultants

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