Why $0 Down Solar Could Save You Thousands
On Your Electric Bills
Solar can save you money. Traditional energy costs have gone up over 500% since 1971, and that trend is likely to continue. On the other hand, the cost of solar has dropped more than 250% in the last two decades. Almost 80% of U.S. homeowners can now jump on board with solar for no money down, while paying less per month than they currently spend for electricity.
Going solar is easy. You simply have a new, cheaper energy bill each month. Solar is the cleanest, most abundant energy choice available. The current source for the majority of electricity is coal, a fossil fuel that gets more expense every year and harms our planet. Coal and gas-fired power plants emit more than 2.3 billion metric tons per year of carbon pollution, approximately 40% of total U.S. energy-related carbon pollution. On the flip side, the sun’s rays are free and limitless and the technology to harness solar power keeps getting more efficient and less expensive. Most important, solar is clean energy… so when you go solar, you’ll be eliminating your home’s carbon dioxide footprint and helping to create a sustainable future for life on this planet.
Solar power is usable energy generated from the sun in the form of electric or thermal energy. Solar energy is captured in a variety of ways, the most common of which is with photovoltaic solar panels that convert the sun’s rays into usable electricity. Aside from using photovoltaics to generate electricity, solar energy is commonly used in thermal applications to heat indoor spaces or fluids.
Solar energy is a good alternative to replace fossil fuel as the major energy source because solar power is renewable at absolutely no cost to supply energy infinitely. Solar panels can harness the energy from the sun and convert it to electricity. Therefore, the use of solar panels is environment-friendly.
Solar energy is a great way to reduce your carbon footprint. Buildings are responsible for 38 percent of all carbon emissions in the U.S., and going solar can significantly decrease that number. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.
Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly considering solar installations as they value homes at the time of a sale, and as homebuyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.
One of the biggest reasons to go solar is that you can eliminate or significantly reduce your electric bill. An average monthly electric bill of $100, $150 or more let's take $100 per month, becomes an annual $1,200 expense. Over 20 years, that same $100 monthly bill balloons to $24,000 paid to your utility, and that’s before factoring in electricity rate increases that will likely make your 20-year energy costs even higher. Installing a solar panel system at your home or business takes you out of this cycle.
Solar could very well be the greatest financial opportunity you’ll see in your lifetime. Is a booming business across America . More jobs will be created in solar industry in 2020 than in the oil, gas, and coal industries combined! (source GMT Research).
The factors driving this growth demonstrate the industry’s promise:
a) More people are waking up to the critical need to move away from fossil fuels;
b) Solar technology has gotten significantly more efficient and affordable
c) The price of sunlight never goes up. Electrical power costs rise every year;
d) Innovative service models are enabling homeowners to jump on board with solar with no upfront costs while paying less per month than they currently spend on electricity.
e) It allows you to reduce your personal carbon footprint.
f) We support homeowners in accessing the 26% tax incentive for solar energy use.
With the cost of traditional electricity constantly increasing, it’s just a matter of time before qualified homeowners make the switch to the cheaper, cleaner energy source. While solar may not work on every residential structure in the U.S., just a small wedge of this market is worth hundreds of billions of dollars. Without question, the solar industry is poised to shift wealth, create jobs, build new companies, and invigorate our economy. You can be a part of that shift.
“In the last decade alone, solar has experienced an average annual growth rate of 48%. Thanks to strong federal policies like the solar Investment Tax Credit, rapidly declining costs, and increasing demand across the private and public sector for clean electricity, there are now nearly 78 gigawatts (GW) of solar capacity installed nationwide, enough to power 14.5 million homes.” -https://www.seia.org/about