Benefits of Solar
The benefits of solar are economic, ecological, and intrinsic. Once your initial capital investment is made, your annual cost of maintenace are minimal. The solar panels are warranted for 25 years and the inverters are warranted for 10-15 years. There are no moving parts to wear out and the only routine maintenance is occasional cleaning of the PV panels. In the remote circumstance that a panel has a problem, a replacement panel can be easily snapped in to replace it. Because the PV system is scalable, you can always add more capacity by adding more panels to the PV array.
Solar Power: A Smart Investment with Fast Payback and Enduring Value
The financial, environmental, and lifestyle rewards of a solar energy system are compelling. A 30% federal tax credit and local rebates and incentives make your solar energy system one of the best home or business investments you can make.
Good for the Environment
Capturing electricity from the sun provides clean, renewable energy with no environmental impact. When you switch to solar energy for part of your electriciy needs, you greatly reduce your home or business’ carbon footprint, helping combat greenhouse emissions as well as our nation’s dependence on foreign energy.
Good for Your Personal Economics
Not only does going solar make sense from an environmental perspective, it’s also a wise financial strategy with good economic returns. By going solar, you will greatly reduce your monthly electricity bills, as well as protect yourself from never-ending electric and fossil fuel price increases.
A properly designed and installed solar system can pay for itself in as little as 5 to 10 years – and even faster if special electric rates apply. A PV system is a Money Tree that produces electricity as long as the sun is shining, 365 days a year!
Good for Your Home Value
Today’s homeowners have limited options to increase the value of their home. Installing a solar system is one of the few investments you can make that will not only make your home more attractive to potential buyers, but will also immediately increase its actual value.
According to a recent study from the Appraisal Institute, the selling price of homes increases by $20.73 for every $1 decrease in annual electric bills. Using this 20:1 multiplier, a typical 3kW system – costing about $12,000 after incentives and saving about $1,000 in annual energy costs – may increase the value of your home by $20,000.