Solar Shields You From Rising Utility Costs
Energy price hikes can happen at any time, and virtually without notice. Throughout the past decade, energy prices have risen at an average rate of 3% each year. By switching to solar, you have the opportunity to completely eliminate or significantly reduce your electricity bill, which will save you a great amount of money long-term. Solar technology actually tops the list of government-approved solutions against rising electricity rates.- Sun Path Electric
Eliminate Your Energy Bill
One reason consumers are enticed to go solar is the financial benefit. On average, Americans pay $100 for electricity per month, and this is projected to rise year after year. The EIA (Energy Information Administration) forecasts the typical U.S. household will spend an average of $426 on electricity for the second half of 2018. This is a 3% increase from the average expenditure in 2017. Going solar gives you the opportunity to completely eliminate your energy bill.- Sun Path Electric
Jobs Grow in Solar, Not Coal
The environmental benefits of going solar are quickly becoming common knowledge. Some state’s financial incentives are allowing more and more homeowners to take advantage of the Sun’s power! Now, let’s take a look at solar energy’s positive impact on our economy.- Sun Path Electric
Solar Panels Increase Property Values
If you’re a property owner who brought solar technology into their home, you’re in luck! You will not only recoup your initial investment but also receive a premium that will increase your ROI. According to a study sponsored by the U.S. Department of Energy, real estate buyers are willing to pay more for a solar-sustainable home. It was also concluded that the presence of solar panels could increase a property’s value by 3-4%.- Sun Path Electric
Enjoy a High ROI with Solar Power
If you’ve considered going solar, you probably have this question in mind: How much am I going to save? Solar technology is known to generate between 10% and 30% as an annual return. The average customer can earn the highest ROI through solar power by receiving free electricity throughout their solar system’s lifespan of over 25 years. There are several ways to regain the initial investment:- Sun Path Electric
