Electric Rates Are Rising, Homeowners Need Smarter Cooling Solutions

Electric Rates Are Rising, Homeowners Need Smarter Cooling Solutions

Rate hikes are already approved in much of the Northeast. Cool Down offers a low-cost, low-energy way to stay comfortable—without overloading the grid.

Electricity Rates Are Climbing—Fast

Electricity prices are going up—and not just by a little. Utilities across the country are raising rates in response to rising demand, supply volatility, and the high cost of maintaining and upgrading the grid.

In the Northeast, the impact is especially sharp:

  • In New York, National Grid customers will see monthly increases of nearly $15 starting in 2025.

  • Central Hudson customers face steady, approved rate hikes over the next three years.

  • In New Jersey, several utilities have projected monthly bill increases of more than $20.

While not all rate hikes have taken effect, the trend is unmistakable: home energy is getting more expensive, and it's unlikely to reverse anytime soon.

Traditional Cooling = High Energy Bills

Even without heat waves or extreme weather, homeowners with central AC or ductless mini-split systems often see their AC energy bills spike during peak demand periods—especially in the summer.

Why? These systems rely on energy-intensive components:

  • Compressors

  • Condensers

  • High-powered fans

Every hour they run drives up your bill—and increases strain on the power grid. As utilities scramble to meet demand, the costs of infrastructure upgrades and grid maintenance are passed down to ratepayers.

A Smarter Alternative: Use the Cool You Already Have

That’s where Cool Down comes in—a basement cooling system that helps reduce AC energy bills by using a resource already available in most homes: the naturally cool temperatures found underground.

Cool Down is a low-cost cooling solution that uses:

  • A compact heat exchanger

  • Smart dampers

  • Real-time temperature controls

By transferring heat from your living space into the basement—where the ground stays a stable 50°F or below—Cool Down efficiently cools your home without relying on refrigerants, condensers, or outdoor AC units.

Bonus: Because Cool Down uses so little electricity, it’s a great option for those looking to reduce their carbon footprint without sacrificing comfort.

Learn more about how Cool Down works →

Basement Cooling Benefits: Efficient, Quiet, Low Impact

Whether you’re trying to cut energy costs or find alternatives to central AC, Cool Down offers unmatched flexibility:

  • Works as a standalone system for homes without AC

  • Integrates with central AC or heat pumps to reduce system runtime

  • Lowers indoor temperatures by up to 10°F on high-demand days

  • Reduces AC energy use by up to 67% per season

  • Installs in just a few hours, with no outdoor equipment or major ductwork modifications

It’s the best of geothermal, without the expensive drilling or disruption.

Explore Cool Down’s installation process →

Why This Matters Now

Whether or not your utility has raised rates yet, the direction is clear. The cost of powering a home is rising, and traditional cooling systems only intensify the burden—both for homeowners and for the grid.

Cool Down is a low-energy cooling alternative that gives homeowners more control, more comfort, and less financial stress—right when it matters most.

Ready to take the heat off your electric bill?

👉 Get a free quote today

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Summer’s Coming—And So Are High Power Bills: What to Know (and Do) in the Northeast and Mid-Atlantic