Absolutely. In fact, today, solar is the only possible way to turn your electric bill into an investment with a nice return and with financing. There is NO opportunity cost because you will be paying for electricity for your home no matter what! On average, homeowners save $1500 a year on electricity by going solar. This may not seem like a huge number, but when you take that same $1500 and invest it each year by paying down your mortgage or supplementing your 401k, the returns become substantial. The average homeowner shaves up to three years off of their mortgage simply by taking what they save in electrical costs and applying it to their mortgage.
Another reason to go solar is the fixed payment you pay each month by taking advantage of the low interest rates. Your electric bill will increase each year by about five percent. When you factor that into the life of the system, you’ll see that your electric bill will almost double twice! However, with solar, your bill stays the same and all of your power needs are covered. Contact us now to find out how much money you will save by going solar!
