How Home Solar Power Saves Money

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The basic energy we receive from the Sun is entirely free. Solar energy does not require mining, transportation, or refinement, and it produces no toxic waste or pollutants. Solar energy is also limitless; the sun's solar energy output is equivalent to 12.2 trillion watts per square mile per year. That is more than enough energy to meet the needs of the entire human race indefinitely. Free is a great deal! By controlling your own energy output, you can effectively "freeze" your costs over time and avoid price hikes. Photovoltaic panels installed on your roof generate home solar power. There is never a fee to acquire and install roof top solar panels with a 25-year system warranty. Your solar panels provide electricity 24 hours a day, seven days a week, with no additional charges over their lifetime. During the day you can over-produce power which gets credited back to you. When you use power at night, you'll use those credits. Similar to how roll-over minutes used to work back in the day! Whatever you didn't use would roll over to the next month. Same concept here, what ever kilowatt hours you don't use, it all rolls over to the next month. Anything you have remaining, you can recieve money back. Although it is nothing worth quitting your day jobs over. 

Net metering is used by many cities, towns, and utility companies. Net metering enables household solar power producers to feed their excess power back into the grid and get credited by the utility at the same rate they pay for electricity. If your energy company raises their prices, so will your payback! You can literally see your energy meter turn backwards, which is a great visual representation of how much money you are saving.

According to a study conducted by the Lawrence Berkeley National Laboratory, photovoltaic residential solar power actually raises the value of a home. According to the research, a household solar power system adds around $4.00 every installed watt of solar power. The acceptable size of a home photovoltaic system is 5KW, which amounts to a $15,000 increase in home value. Most people need a larger system, which is more value!

Many states and the federal government have aggressive alternative energy programs that are very supportive of home solar power installation. In many cases, the combined rebates and incentives available allow for residential solar panels to be placed on your home at little or no cost to you.

Our solar consultants can set you up with a Solar Leasing solution in various places. Solar panels are placed on your property at no cost with a solar lease. The solar leasing firm owns the panels, and your lease payment covers all of your power expenditures. In most circumstances, your monthly cost with a solar lease agreement is not only less than your existing energy bill, but it is also guaranteed fixed for 25 years or more. From the start, there are no fees and there's big savings! This is great if you do not want to finance or have any extra debt show up on a credit report. With leasing, you can always opt to purchase the system down the road at fair market value. If you wouldn't qualify for the federal income tax credit, this is a great alternative!