Why Go Solar?
The use of solar panels dramatically reduces the size of your carbon footprint. Solar energy is a renewable alternative to power plants that burn fossil fuels and emit greenhouse gases, which lead to global warming. The decision to go solar, made by thousands of people and businesses, reinforces America's commitment to a healthy environment.
With the rising costs of electricity nation wide, solar is booming as an alternative to keep these costs of living down. With the help of government incentives going solar is more affordable than ever. However, solar energy subsidies and incentives are making utility rates more expensive. You will be paying more for electricity to offset the costs of people who are going solar. So by not going solar, you will be paying more to the utility company and government each year to make up for the costs of homeowners and businesses going solar. Again, you are paying for others to go solar.
Other factors that make energy more expensive...
- Fast growing population
- Aging grid and infrastructure
- State mandated energy laws
- Growing electric car market
- No new power plants proposed
Do it for your checkbook
The money you pay the utility for electricity is money you will never see again. A solar panel installation on your home is one step closer to energy independence. By eliminating your electric bill your solar energy system will pay for itself again and again for decades. Making a solar panel installation investment offset future costs of doing nothing which can save you hundreds of thousands of dollars.
The return on investment for a solar panel installation with us is above 16%. What bank is offering a 16% or more ROI currently? None, and your electricity costs from your utility increase annually at least 5%. Gasoline prices have more than doubled in the last 10 years. When you put into perspective the money you make on interest from banks do not keep up with the rising costs of energy.
Increased property value
Solar finance experts suggest that every 1,000 watts of power from a solar system adds $5,000 to the resale value of a home. Solar panels require little or no upkeep, rarely break or wear out, and can last for up to 45 years, providing you with clean, consistent energy. Also, much of the cost for the system can be offset with states and federal rebates.
In this example below two homes are currently for sale. Both homes are completely identical in every single way and they sit across the street from each other. The home on the left has an annual electric bill currently of $3,500. The home on the right has a 7kw solar system on the roof which shields the home from costs of the utility. If you were in the market to buy a home on this street and these were the only two homes available, which home makes more financial sense? The home on the left or the home on the right?
The home on the left has a slightly lower monthly mortgage payment than the home on the right. However, by factoring in the energy costs that comes with the home on the left, it's more expensive to live there than the home on the right. The home on the right is independent from the utility company by being solar powered.
Do it for the next generation
Solar energy is a 100% renewable resource, unlike fossil fuels that will eventually run out. By going solar you are helping contribute to a growing industry that increases energy stability. You are also contributing to reducing carbon emissions. If you go solar, your solar system will offset the same carbon as you not driving 850,000 miles.
Our planet currently needs 15 terawatts a year for its power needs. The sun provides 6,000 times as much energy daily. That's a whopping 86,000 terawatts a day provided by the sun, for free. By going solar you are contributing to energy independence all around the globe.