|
Benefits
Vast improvements in Solar technology and stats rebates/credits, and rising electricity costs.
Solar Energy is now a smart financial investment
- When it comes to home value, a solar power system may be your best “remodel option”:
Based on a recent study by ICF Consulting (funded by HUD and EPA) energy-saving measures such as solar energy can add $20 of home value for every $1 of yearly cost savings.
- A study done by the Appraisal Journal also confirms this benefit:
Finding that a $1 reduction in annual energy costs results in a $20 increase in home or business value. The rationale is that the money from the reduction in operation costs (your electricity bill) can be spent on a larger mortgage or business lease with no net change in monthly cost of ownership.
- This means that a typical 3kW system will increase the value of your home or business by up to $8,500:
While the system, after-rebates and tax credits, costs only around $8,250. This means you are cash positive from day one!
Take Advantage of State and Federal Incentives
- State incentives rebate 50-70% of the cost of a solar energy system:
The utility is paying YOU to get Solar - take advantage!
- Federal incentives give a tax credit of 30%:
Up to $2,000 for residential homes, unlimited for commercial.
- Commercial businesses can also write off 5 years of accelerated depreciation:
Combined with the enormous tax credits means you pay almost nothing for a solar energy system.
- These incentives drastically lower the price of a solar energy system:
To the point where the return on investment (ROI) can reach over 10%, which rivals popular investment avenues (stock market, bonds, money market, etc.)
Hedge Against Increasing Energy and Electricity Costs
- Electricity prices in Colorado have been increasing at a record rate:
With an average increase of 5.5% annually over the past 5 years (IEA, CEF)
- By investing in solar, you protect yourself against these increases
Looking at recent projections, Colorado (currently $0.10/kWh) could soon reach electricity prices similar to California (up to $0.35/kWh) and potentially move to Time-of-Use pricing, which can reach $0.55/kWh.
- If you had the opportunity to lock in gasoline prices 5 years ago, would you?
Take advantage of this opportunity to essentially lock in your electricity costs today.
Sell Excess Electricity Back to the Utility Company
- Net Metering is required by law:
The utility company must purchase any excess electricity you produce.
- If you choose to buy a large enough system:
You can produce this excess electricity (up to 20% over your regular usage) and create a steady revenue stream for your home or business
25 Years of Guaranteed Electricity, Up To 50 Years of Production
- Most panels and hardware is guaranteed for 25 years:
And recent evidence in accelerated time studies [RMI] has shown that solar panels can produce electricity for as long as 50 years and beyond, with minimal degradation.
- Our financial models all assume the guaranteed 25 years:
Anything beyond that is truly free electricity, on top of the free electricity that your system will generate after it has paid for itself.
Work with Solar Installer Search to help find the best deal possible
- Once you agree to work with Solar Installer Search, we work to find you the best possible deal, in the most convenient manner possible:
Solar Installer Search works with many qualified and experience installers work to provide you with the best quote possible.
|
|