Almost 90% of the energy utility companies distribute to homeowners comes from dirty fossil fuels. Not only is pollution costly for the environment, it is costly for homeowners too.
FACT 1: It’s more expensive to do nothing than it is to go solar.
If you spend $200 a month on your electricity with a yearly increase of 4.5%*, in 10 years you will have sent $35,667 to your utility company with no return on your dollars. A solar system would have saved you $23,000 on utility costs in less than seven years plus with SRECs, grants and other incentives the system would not only have paid for itself, but would have made a profit! Most homeowners who go solar save 20-100% on their energy bills depending upon the financial option they choose. Plus $0 Down power purchase agreements make it possible for almost anyone to go solar. On average a typical Solar Energy World customer who owns their system saves $1,700 a year on their energy bills, earns $15,000 from combined tax incentives and grants and has increased their property value by $40,000 or more. Solar panels also produce a high return on investment. Bonds, CDs and even the S&P 500 don’t come close. Home solar typically generates a 125% ROI in 5 years, 250% in 10 years, 350% in 15 years and almost 500% in 20 years!
FACT 2: The solar energy industry in America is BOOMING.
Fossil fuel industry promoters will tell you that solar is failing in the USA because a few American solar panel manufacturers have gone out of business. The horse drawn carriage industry opposed “horseless carriages” when they first came on the scene too and quite a few automobile manufacturers failed in the beginning. But the best ones survived. The best solar energy companies are surviving. The fact is, solar now creates more jobs than coal, oil, & Gas combined.
FACT 3: Solar power works just fine in colder, cloudy climates.
Germany isn’t known for being a warm and sunny place but its solar power plants produce between 20-30% of all its energy daily. New Jersey and Massachusetts aren’t nearly as sunny as California or Arizona yet New Jersey now ranks 3rd in the country for solar capacity and Massachusetts ranks 4th. Clouds don’t stop the solar UV rays from getting through and power production from solar panels actually works better in colder temperatures. Optimum temperature for power production is around 43 degrees Fahrenheit.
FACT 4: HOAs Cannot Stop Homeowners From Going Solar
Home Owner Associations are barred from restricting a homeowner’s right to install solar panels. States which have laws that override any HOA contracts seeking to deny the right to install solar PV systems include: Arizona, California, Colorado, Delaware, Florida, Maine, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Oregon, Vermont, Virginia, and Wisconsin.*** Having solar panels on your roof announces to your neighbors and friends that you care about your planet and about the world your grandchildren and future generations will live in. Creating clean energy for you and your family is beautiful, not ugly. So, the next time you hear someone say they won’t go solar because they don’t like how it looks, ask them if they would rather have an ugly roof on a beautiful planet, or a beautiful roof on an ugly planet.
FACT 5: Next generation solar panels will NOT make today’s technology worthless.
The fact is, unless you’re running a server farm in your house, current solar panels are more than enough to generate all the power your home needs. Solar panels are not like iPads or other products that get updated every year, prompting hipsters to stand in long lines so they will be one of the first to own the latest new gadget. What difference does it really make if five or six years from now your neighbor gets some new type of “slim line” solar panels? You will have had five years creating your own clean power.
THE BOTTOM LINE: A UTILITY COMPANY DOESN’T MAKE PROFITS FROM A HOME THAT’S POWERED BY THE SUN. BUT YOU CAN.
If your home is solar eligible, you can save up to 100% on your utility bill, generate a continuous stream of extra income, make a profit, AND run your home on cleaner energy.