SO WHAT ARE THE BENEFITS OF GOING SOLAR?
The Top 4 Benefits of Going Solar!
- Save Money from Day One, Save a Fortune Over Time
- Increase Your Home’s Value
- Help the Environment, Help Us All
- Earn Tax Credits and Rebates
1. Save Money from Day One
Solar is a smart investment. Of course, the exact savings you will see with solar depends on your use of electricity. The more you use, the more you save. Even if you own a small home and have a pool or air conditioning, your electric bill currently can easily end up costing you $150 or more per month. With the installation of the proper solar panels, your electric bill can go down to the required minimum connection fee of $10 per month or even zero if you are selling back enough electricity to the utility to eliminate that too.
Since a solar panel system can be purchased using our financing partners for Zero Down with no payments until at least November 2021, your savings will start immediately. Your savings will accumulate long before you even have to make your first payment!
But your savings are not just about today’s dollars. Your system will be generating savings and protecting you against rate increases for 30 years!
If we offered you a card that would allow you to buy gas today at the prices being charged 20 years ago, would you be interested in that? How about if we offered you a card that would allow you to pay the same for gas 20 years from now as you do today? That’s the magic of owning your own solar panel system.
So if rates continue to rise at the rate they have been, for every $1,200/year ($100/mo) you are paying now for you’re electricity, in 25 years that bill be $3200/yr ($267/mo)! Without Solar FOR EVERY 100/mo YOU ARE PAYING NOW, you will spend $50,000 on ELECTRICITY OVER THE NEXT 25 YEARS!
How much would you be willing to invest in a solar panel system today to totally eliminate that cost by producing your own electricity? How much would you be willing to invest if you were paying twice that now per month or more?
What if you could install a Solar Panel system next week that would eliminate your electric bills totally, saving you that $100,000-$200,000 or more depending on your usage, and do that with Zero money down and no payments until at least November 2021?
2. Increased Home Value
Solar panels are viewed as upgrades, like a renovated kitchen or a finished basement. Purchasing a solar panel energy system will likely increase your home’s value. Studies show that homeowners pay a premium for a solar home. Although market factors like electricity rates and system size may impact the size of the premium, solar homes can sell for more than homes without solar systems.
Solar panels also extend the life of a roof, because they protect from the elements, such as rain and debris. They make the house more energy-efficient in the summer because the hot sun is not beating down on the roof directly—it is instead being absorbed by the panels, keeping the house temperature lower.
Solar panels significantly improve your resale value. Most homebuyers understand that a home with solar panels means they don’t have to make the inevitable conversion to solar themselves. According to research, most homeowners see an increase in the resale value of almost $6,000 per installed kilowatt. That means if you install a 6.8-kilowatt system, you could improve your home’s resale value by $41,000 making Solar the most cost-effective and value-adding home improvement you can make.
3. Help the Environment, Help Us All
Solar power systems derive clean, pure energy from the sun. Installing solar panels on your home helps combat greenhouse gas emissions and reduces our collective dependence on fossil fuel. Traditional electricity is sourced from fossil fuels such as coal and natural gas. When fossil fuels are burned to produce electricity, they emit harmful gases that are the primary cause of air pollution and global climate change. Not only are fossil fuels bad for the environment, but they are also a finite resource. Because of this, the price is constantly fluctuating and can increase in a short period of time.
Renewable energy also improves public health. Coal and natural gas plants produce air and water pollution that is harmful to human health. But replacing fossil fuels with renewable energy sources, such as solar power, can reduce premature mortality as well as overall health care costs.
Although fossil fuel production requires significant water resources and causes water pollution, solar energy requires little to no water to operate. So, not only does solar power not pollute water resources, it also doesn’t put a strain on the world’s water supply.
Solar power also works during a drought or heatwave. Coal, natural gas and nuclear power use large amounts of water for cooling. During heat waves or severe droughts, as we’ve experienced in recent years, electricity generation is at risk. But solar power systems do not require water to generate electricity.
In addition, solar power creates jobs in clean energy. The U.S. has been leading the world in clean energy. Hopefully, this trend will continue, in the face of government budget cuts to EPA and DOE, as innovative and forward-thinking companies continue to embrace the changing landscape of energy production and move to renewables.
4. Earn Tax Credits and Rebates
To start, you will get 26 percent of total system costs back from equipment and installation as a federal income tax credit until the end of 2020, when you file your taxes. This means you would save $15,000 on a solar system with energy-efficient upgrades worth $50,000.
Combine this with state and local rebates and Solar Renewable Energy Credits (SRECs), and total costs can be cut in half. The SRECs are generated throughout the year, and you can sell them to utility companies, which generates a very impressive return on the initial investment.
The State of California also provides some amazing tax benefits for energy efficiency upgrades. Our Sales team can highlight some of them for you and your accountant or tax preparer can give you all the details. Take advantage of them while you still can.