Many people that are considering changing their home over to solar power do so because of the savings they will enjoy from not having to pay an energy bill. While this is a very large advantage to using solar power, there are also additional financial benefits to be realized.
California electrical rates are among the highest in the U.S. A recent study by the Energy Information Administration showed California residents pay nearly 41 percent more for energy than the national average.At returns of nearly 18 cents per KW, Californians can recoup investment costs in just a few years.
There are few places in the world with comparable sunshine conditions like here in Orange County, California. Almost nowhere can you find a place with so many residential homes perfectly suited to carry a rooftop solar system with little to no shading issues caused by trees and larger buildings.
We at Sol-Up care about the environment and the future of our children. No matter whatever political direction you may come from, most will likely agree that everything possible needs to be done to keep this world livable for our children, grandchildren and the future generations to come.
Everyone knows solar is good for the environment. A less known fact is that buying a solar system is probably one of the best investment opportunities available today. Especially if you live in a location like Southern California. All of our solar systems are warranted to work for at least 25 years and substantially increase the value of your home in case you need to move.
Solar Power Fact: The savings on your monthly power bills coupled with preserving a cleaner planet make solar absolutely worth it!
Any investment decision is based on two factors: Profit and Risk. The bigger the risk – the higher the possible profit. If you want to be on the safe side, placing money in a bank savings account will earn you less then 0.5% interest rate per year. Or if you’re hunting for the bargain, the stock market is where you should look – if things go well you can make a profit of 10% over a few years – if not you might lose it all. An investment in solar has great returns with low risks!
To find out if solar is a good investment for your home, contact us today!