Cost Savings; Among Top Reasons Homeowners Go Solar.
Power is awesome! but Power is expensive! Homeowners all over the country are looking for cost savings opportunities. Solar, in times past have been out of reach or not feasible for the majority of residential electric consumers. Old, common misconceptions surrounding solar are beginning to come apart at the seams. Technological advances among other factors has drastically reduced the cost of solar panels to consumers, in fact, many homes are going solar for zero money down.
Start Saving Today –
In this article you will find 3 easy steps to start saving:
- Find out what you’re paying now
- Find out how much can you save with solar
- Find out why now is the best time to act
Spending less on your utility bill is a no brainer. Honestly, if you could save up to 70 percent or more on your utility bill, you would, right? Who wouldn’t? Depending on where you live and the size of your home this could be several hundred dollars per month. So how can you save like thousands of fellow Americans? First, take a look at a recent utility bill to find out what you are currently paying. Your bill should display what you are paying overall per kWh. Use this number to see how much you are paying relative to other states in the country. Take a look at where your state ranks here: State Solar Rankings You will want to know this information to help you make the most informed decision.
Ok, so now how much can you save per month? There are obviously many factors that play into this, but according to a report out of NC State University, NC Clean Energy Technology Center, cost savings of solar customers in America’s 50 largest cities was an average of $44 to $187 per month saved in just the first year. The fastest most definitive way to know how much you can save is to request a free solar quote.
Why is now the right time? Well Solar has always been awesome, but was expensive. Not anymore, in fact the prices of solar panels has fallen over 70% since 1998. Additionally, Federal and State incentives are available to make it possible to have a full system installed on your home for $0 down. One of the biggest incentives often overlooked but very obvious is that solar energy is free! The sun comes up every day and shines on us all, some are better at making it work for them, why not you?
The financial benefits make more sense than ever. There are plenty of options aside from the incentives offered by your utility and state and national governments. You have the option to buy the system upfront and own it as well as many attractive leasing options. You can learn more about the costs and decision making information here.
Long term benefit. (Electricity prices beat inflation going up 2.5% annually between 2000-2006.) Chances are they will continue to rise by at least this rate year over year. For example, the average residential price per kWh in the U.S. in 2005 was 9.45¢ overall. In 2014 it was 12.5¢, equaling a nearly 34 cent increase per year. (U.S. Energy Information Administration, Electric Power Monthly, March 2015.) This is actually good news for homeowners that go solar because the cost savings actually increase every year.
By installing solar panels, you are able to lock in pricing at today’s low rates. Going Solar is a great long-term investment that will save you money. The best way to find out how much you can save is to get a free, no obligation consultation with a professional solar installer.
Interested in learning how much you can save with solar? Click here to get a free quote.