Wednesday, March 10, 2010

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Solar as Investment
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Solar as a Sound Investment

Money Saved every day for 20= yearsThere are many non-financial sound reasons to install solar on your business or home now.   However, given the stimulus monies and credits available, it could well be the safest, long-term investment return you can achieve … by a long shot.  When you consider four driving investment principals, and review the math, a solar electric system may help you sleep better at night than you have in a long while.  

  1. The first year costs of an investment in solar are offset by utility rebates in the 40% - 50% range--and federal tax credits and stimulus for an additional 30%.  Some municipalities also have additional contributing programs.
  2. The remaining cost will generate a predictable monthly revenue stream of avoided electric utility costs - under contract - for 20 years.  The system will continue beyond 20 years to reduce electricity costs.
  3.  
  4. While your neighbors' electric costs per kilowatt hour will go up naturally with cost of living over the next twenty five+ years, your solar electricity cost is fixed at 2009 rates – the year you started making and selling electricity rather than buying it on the open market.  
  5.  
  6. The appraised value of your home increases by an average of $14k based on a 4.0 kW size system in the year that the system was installed.  If you sell your house, it will likely sell faster because new buyers are particularly attracted to solar homes--according to the real estate industry.
     

Your capital investment in 2009 in a 4.0 kW system – a size that can typically reduce and sometimes eliminate over $100 per month of electricity costs - should generate predictable savings greater than $40k over the next 25 years – under contract, assuming a conservative 5.5% average inflation.  The life cycle payback of the net first year costs in exceeds 350%.   

Give us a call so we can review this solid investment strategy based on numbers that apply to your home and situation: Call today.

 

Need Financing?   Attractive Options are available for your commercial or residential location.  Check out GE Money and GeoSmart programs here

 

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