Coweta Fayette Real Estate & Newnan Homes for sale blog by Richard Weisser of Better Homes and Gardens Real Estate Metro Brokers

As if we weren’t already in enough trouble, there has been another unexpected drain on the Coweta County economy!

The heat is on in Coweta County GACoweta County has experienced some troubling economic times over the last few years. And during that time, the consumer hasn’t gotten any relief.

As a matter of fact, the average citizen has been hit with higher food and gasoline prices, the suspension of the Homestead Exemption on their property taxes, and higher prices for public services.

And now there’s a new wrinkle is the diminishing disposable income fabric. This year’s record high temperatures have produced utility bills that are in some cases DOUBLE what they were last year.

Homeowners and tenants are struggling to pay electricity invoices that are nearly equal to their mortgage payments or rental amounts. It’s not just the hot days that have caused the problem, as high humidity and overnight temperatures have kept the air conditioners running all night long!

And more money spent on keeping your cool is less money spent is local stores and restaurants. It is truly an economic challenge that was not expected.

And it couldn’t have happened at a worse time!

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All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
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Comments

Being in Washington State that is not something I would ever have thought of!  I do have a sister that recently moved to GA, I'll have to ask her about this.  It's always something!

Posted by Debbie Atwood (Century 21 Real Estate Center Everett, WA) over 1 year ago

I still would love to visit!

Posted by Melody Botting Real Estate Network over 1 year ago

Richard, I pray some relief will come soon to struggling people in Cowetta County, all of Georgia and across the United States. I am so saddened here in Phoenix by all the families who have lost their homes. 

Posted by Deanne Olivas Gilbert AZ Real Estate (American Allstar Realty) over 1 year ago

Featured @ Club Chaos

Posted by C Tann-Starr (Tann Starr Music CarolynTannStarr.com TannStarr.com) over 1 year ago

I remember the first time Mikey told me what the Summer electric bill for the FL house was. Being a New Yorker discovering my FL neighbors pay on average from $130 to $400 per month was a real eye opener. Our last bill was approximately $125 by keeping the temp at 79 degrees and using the grill more than the electric stove. :-)

Posted by C Tann-Starr (Tann Starr Music CarolynTannStarr.com TannStarr.com) over 1 year ago

WOW...it is so interesting to see how so many factors go in to a budget....especially those things that we have no control over!    Yikes!!!   I am glad we have had a milder summer than usual...however our fuel prices are soem of the highest in the nation!   It isn't easy anywhere is it??

Posted by Deborah Byron Leffler BzyBee Real Estate Lady! (Keller Williams Realty Boise) over 1 year ago

Richard, how very sad indeed. I know in the northeast we have had more hot weather this summer, a record breaker actually. With more 90 degree days on the way. The AC's have been running and running, which will tax people's ability to pay the electric bills. And many of us don't have central air, so we are running those window AC's along with fans, etc. Next comes the staggering heating bills.

With unemployement so high there, the rising costs of food, gas, etc., this is not good for Coweta County or anywhere in the US.

Posted by Andrea Swiedler - Swiedler & Adams - New Milford, Litchfield CT Real Estate (Prudential Connecticut Realty, Litchfield County Real Estate) over 1 year ago

Richard:  Maybe the residents could get on a budget plan with the electric company.  I think most offer it.  They average out your bills for the year and bill you that way, instead of the actual usage per month.  Evens things out.  I'm having to do it here.  This summer was brutal. 

Posted by Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA) over 1 year ago

I agree with Chris Ann.  The temps have been awful here, as well.  Payments plans really are the only way to prevent this from happening.

Posted by Tammie White Realtor® Franklin TN Homes For Sale (Benchmark Realty, LLC (615) 495-0752 or www.TammieWhite.com) over 1 year ago

Hi Richard!
I am so sorry to hear about your area's struggles...it just doesn't seem fair, does it?  Being from California, we are having lots of issues of our own...a legislature that can't turn in a budget on time to save their lives.  As a result, they are issuing IOUs...big help to those who have to make mortgage payments.  They are forcing state workers to take "furlough Fridays"...meaning a 14% cut in pay since they are working less days. The very work force that use to be our solid homewoners are now hunkering down hoping that they can survive intact.

Posted by Paula Swayne,Realtor-Land Park, East Sac & Curtis Park -Dunnigan, REALTORS (Dunnigan, Realtors, Sacramento (916) 425-9715) over 1 year ago

Chiming in with Debbie, we've had a very mild summer. We've put the fans on and actually enjoy the fact it's warm. This winter when it dark and gray and rainy... remember this fine warm summer night... Sorry to hear that about your area. I do know it's more expensive to cool off than it is to stay warm. Fall's right around the corner...

Posted by René Fabre (First American Title) over 1 year ago

Yeah Richard, they just keep piling it on, now problem we can just go out to the money tree and pick more, heck the government just goes out to the treasury tree and prints more money

Posted by Gerry Michaels GettysburgGerry (Studmuffin Media) over 1 year ago

Richard...we, too, have been on the budget plan for years; when the summers' are cool & the winters warmer you build up a 'credit amount',  this summer we may tap into that a tad. The strategic placement of tall fans have helped as well as finally getting a roof-insulation that is correct--not cheap, but correct.  During the daytime hours our air is set higher & in the winter, we try to keep it around 72* [though Sal is known to sneak into the great room to raise the temps at times.] 
As C Tann-Starr mentioned FL bills & we are hopefully headed there sooner than later, expect to see air bills higher than here;  but when the FL winter temps of 60* are present, I suspect that open windows will suffice until or if our blood gets thinner or thicker-- whatever happens in warm & warmer climates.   

Barb & Sal

Posted by Barb & Sal Dragotta Macomb County Michigan Homes for Sale (Keller Williams Lakeside Market Center) over 1 year ago

I know my usually modest electric bill this summer has nearly doubled as well. All we can hope for now is a mild winter to offset these additional costs.

Posted by Craig Rutman Raleigh/ Cary/ Apex area Realtor (Helping people in transition) over 1 year ago

Richard....my electric bill has doubled from last year.....I keep my home at 70 degrees.....I like to be comfortable.....

Posted by Barbara Todaro "Franklin MA Homes" (RE/MAX Executive Realty ) over 1 year ago

Richard...Many areas in My home state have simalar problems.  The small towns seam to be effected the most.

Posted by William Feela Realtor 651-674-5999 No. Branch,MN (WHISPERING PINES REALTY) over 1 year ago

Great post!

Posted by Joshua Zargari (MJ Decorators Workshop LI staging and home decorating) over 1 year ago

We had it pretty good in San Antonio this year until a month ago when it got HOT. I am not looking forward to next month's electric bill. I feel bad for people in your area trying to keep cool during the heat wave.

Cheers,

Robin

Posted by Robin Rogers, Silverbridge Realty, San Antonio, Texas over 1 year ago

At least Congress hasn't been able to dump their 'Cap & Trade' on us yet...  That would really drive up the bills.

Posted by Lane Bailey - REALTOR & Car Guy (Century 21 Results Realty) over 1 year ago

my last bill...close to $300.  and that is much higher then it was last yr.

Posted by Diane Osowiecki Greater Nashville Real Estate (Diane O and Friends - Benchmark Realty) over 1 year ago

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