Solar can eliminate your electric bill.
How much you save depends on several factors. How much will your solar array produce? And how much do you consume?
Your savings are equal to the costs you avoid by going solar, so if rates are high in your area, you’ll be saving more.
And, since electricity prices continue to rise every year, your savings will continue to grow over the 25–40 year lifespan of your solar energy system.
Installing a solar energy system at your home or business takes you out of the spending cycle. It either eliminates your electric bill completely or reduces dramatically to where it is no longer a significant factor in your budget. Frequently Asked Questions
Protect yourself against rising electricity costs.
Electricity prices have gone UP!
Over the past 20 years, electricity prices have risen between 2.5% and 7% every year.
Eliminating or significantly reducing these costs will save a lot of money.
Protect yourself against rising prices and make your bills more predictable.
With solar? You produce your own energy — for free — so it takes away all the anxiety that's associated with rising and fluctuating energy prices.
How the math works:
Let’s assume electricity prices rise 5% annually. The typical U.S. home spends about $1,200/year on electricity. That means if you buy a system that meets 100% of your electricity needs today, you will have an extra $1,200 in your pocket a year from now. The following year, when prices go up, you’ll save $1,260, the year after that you’ll save $1,323 and so on for the life of your panels (25-40 years). Over the life of the solar power system, these savings will add up. Even if you finance your solar panel system, you still will have a monthly expense. Now, however, that expense will no longer vary. It will be the amount of your loan payment.
You’ve exchanged one expense for another, but your new expense is:
2. Less than your electric bill.
3. Will not increase over time.
Solar power is helping U.S. energy independence.
The U.S. produces 3% of the world’s oil output, yet it consumes 25%.
This imbalance makes the U.S. heavily reliant on foreign sources of fossil fuels. In addition to the vulnerability there is a tremendous economic impact as well.
The $700 billion the U.S. spends annually to purchase foreign oil represents one of the biggest wealth transfers in history. Of equal concern is the fact that $400 billion of that $700 billion is sent to other countries and doesn’t create jobs in the U.S.
We believe our economic health as well as our national security depends on solar power and other clean energy sources being a priority.