Benefits of going solar!
Save money by going solar, add equity to your home by going solar, contribute to environment by going solar and declare energy independence by going solar!
Save thousands of dollars!
By installing solar power system you will generate a saving of well above $100 per month in most states. Multiply this number by 300 months, 25 years (that’s the solar panels guaranteed minimum production) and the savings adds up quickly to over $30,000. In some states where cost of energy is out of control, residents save more than $60,000 in the first 20 years. If you want to know how much you could save by going solar click here to find out
Start saving money from day 1!
The best option to buy solar power system is to just pay for it cash. Homeowners choosing this option usually by using home equity loan or a second mortgage. This option brings more long-term savings. Others choose financing option to purchase solar panels system. And with $0 down finance option and out 16 months interest only program, homeowners have a opportunity to install solar panels with out up front cost, and they have enough time to take advantage of their tax credits to pay in and ultimately use savings from electric bill to pay for solar loan.
Low payback period!
If you choose to pay in cash, the payback period is in many cases less than seven years. In Hawaii, it takes homeowners on average 5 years before the monthly savings (in terms of lower electricity costs) meets the total costs of the solar system. For the homeowners that choose financing this period is between seven and ten years. Keep in mind, no more electric bill. So to make you understand, electric bill can not be paid off! Utility company is in control of your rates. Solar financing has no prepayment penalty, it could be paid for at any time, and you are in control of your electricity production. Not bad!
Increase your home value!
Buying home with solar panels means eliminating homeowners second highest monthly expense. Solar panels will increase a home’s attractiveness on the market.
A study conducted by National Renewable Energy Laboratory (NREL) concluded that homes with solar panels sell 20% faster and for 17% more money. Click here to learn more.
U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory found that the sales price of the average home increased $17,000 with solar panels. Click here to learn more.