Who doesn’t want to pay less for electricity? As so many home and business owners already know… harvesting sustainable energy from the sun can provide immediate savings.
Solar is booming. The legion of green consumers grows by the day… Lets look at why…
Its Wallet Friendly
There are some folks who are interested for environmental benefits, but most just want to save a few bucks on their electric bill. A properly designed solar system delivered with via a solar loan or lease can provide immediate savings – as soon as the system is turned on. In fact, compared to other modes of investment, solar systems can provide steady, predictable, positive returns. How many other other investments can promise that?
The time to go solar is NOW. State and federal incentives really help defray costs and speed up return on investment.
Increases Property Value
Solar is a valuable home improvement – solar energy systems can increase property value. According to research by the U.S. Department of Energy, homes with solar panels sell faster and at more attractive rates. Other studies say the same!
Reduced Utility Dependency
When you harvest your own electricity, you automatically decrease your dependency on your electric utility. Also, you are insulated from electricity rate hikes, which on average are 3% per year. Many customers cover their entire yearly electricity usage from solar.
Supports the US Economy
The solar industry is growing by leaps and bounds. The industry as a whole has grown 178% since 2010. In 2016, one of every 50 jobs created in America was related to the solar industry. Additionally, the solar industry is becoming a popular landing place for newly detached armed forces veterans.
Investing in a solar energy system is very different from investing in the shares and bonds of a company. Investing in a solar energy system has little to no risk. Systems produce value immediately, and will continue to do so for decades. Solar modules, or panels, have a 25 year power warranty, and therefore are expected and warranted to have a 25+ year duty cycle.
Solar panels have been in existence for quite a long time. This is not iffy new technology. In fact, in the last 50 years, the bulk of advances in the packaging and manufacturing of solar modules have only pushed module efficiencies up by about 10% or so. System reliability has increased, and new, more powerful fault tolerant technologies have been introduced to enhance operating performance and system monitoring much simpler.