Return on Investment
Solar Panels are a Long Term Investment with a Good Investment Return!
When you purchase a Clean Solar Energy System, you lock in your home energy prices at a reduced rate. The costs of the Solar Installation is like buying an airline ticket early. You buy at a discount and lock in your rate even if the price goes up in the future. And the Solar Installation keeps giving you savings for the life of the Solar Panels which are guaranteed in most cases for 25 years!
An average 6 KW system can save over $50,000 in energy costs for your home over the life of the panels! The calculated rate of return can be found by putting your desired system into the Solar Calculator. The average rate of returns are between 6 and 10% annually which compare favorably with other investments like banks (1-2%), T-Bills (2-4%).
And your Solar Power Installation is a solid investment that works without maintenance for many many years! The Panels are generally guaranteed for 25 years, the micro inverters for 20 years, and all without doing anything to the system except watching it save you money!
Costs & Savings
Incentives for solar energy systems
Tax credit: 30% of cost with no upper limit. Expires Dec. 31, 2016.
Includes: Photovoltaic panels, water heaters, attic fans and air warmers.
Tax Credit: 35% up to $10,500 for price of Solar Installation system.