Solar energy is a very clean, reliable, and efficient energy source, but lots of people who are thinking to switch to solar hesitate as they think that it’ll cost them too much or won’t pay itself off fast enough. But, as more people are now going solar for their businesses and homes, the initial costs of solar systems continues to reduce and the systems pay themselves off much quickly.
We are proud to install the solar systems in homes and businesses. We are there to offer all the information that you need and to make the whole process stress-free for you so that you can have greener business or home as soon as probable.
Economic Incentives Reduce Cost of Going Solar
There are many economic incentives for the solar energy, which may reduce its overall costs and make it a very lucrative and affordable investment. These incentives depend on location of your own solar panel arrays, and our crew can help you know exactly what your exclusive incentives are for the location.
Solar Energy Paybacks
Other than the initial costs of solar systems, another factor that lots of people consider when choosing to go solar is how fast having power will pay itself. This depends on some key factors. In a few cases, payback from the solar systems can occur almost immediately through third-party ownership or smart financing. For outright purchase, this can be easily reached before 25-years panel warranty is completed.
With the costs of solar power falling, and cost of utility power increasing, an equilibrium point known as the “grid parity” will definitely be achieved. After grid parity is simply passed, non-incentivized solar power will be lesser in cost than traditional power, which brings more savings.