Saving Money with Solar Energy

Saving Money with Solar Energy is Easier than you Think

Saving money with solar energy has become easier than ever recently!  Don’t believe me?

Well, let’s go over a few fundamentals.  These are among the top reasons to go solar:

• Installing solar panels is like insurance against future rising energy costs – put them in now, and you’ll have access to free solar energy for at least 25-30 years
• Government tax rebates and incentives can dramatically reduce the upfront costs of solar panels.  Instead of paying $10-20,000, how about $5,000-7,000 (or less)?
• For every $1 you reduce your annual utility bills, your property increases in value by $20.  Think of it as extra return on investment beyond significantly lower electric bills
• Other government programs, like no money down or solar loan programs, are also available to help defray costs, depending on your location
• If more of us converted to solar energy, the entire planet could save more money that will need to be spent in responding to crises like hurricanes, forest fires, droughts, etc. that will plague the Earth as global climate change worsens

As reported on a recent San Francisco, California news broadcast:

“Most people can expect their energy bills to go up, but those who use solar energy say the opposite is true. So, it is no wonder that solar may be one of the few recession-proof industries around.”

One person interviewed for the story stated:

“This most recent bill was $3.50. The same billing cycle the year before we got solar was $82.60.”

Reasons to go solar are abundant!

In areas of the world, like sunny California, people agree that there are reasons to go solar because the sun shines often.  But even in cloudy locales, such as Germany, you can be saving money with solar energy in no time.  This is because excess energy generated on brighter days can be sold back into the grid, with the consumer receiving a utility bill credit in the next cycle.  Plus, new solar technology has increased the efficiency of solar panels, even to the point of working after the sun goes down.

Turning back to the San Francisco solar story, there is more great news for the price of solar power:

Lynn Jurich, the president and founder of San Francisco-based Sun Run, says her company’s business increased 300 percent this year.

“Solar is on sale. The price has dropped about 20 percent over the last year,” she said.

Part of this can be attributed to a glut in the solar panel market, which has resulted in a price drop.  And, with the many ways to finance solar panels, including leasing, more people are taking the plunge to use this abundant renewable resource.

What additional reasons do you need to start saving money with solar energy?  Haven’t you had enough of paying high and ever increasing costs for electricity each month?

Tags: installing solar panels, reasons to go solar, saving money with solar energy, solar energy