Common reasons for Going Solar:
Lower or eliminate your electric bill:
Electric energy prices are steadily increasing. For example:
- Average monthly electricity bill is: $200.00
- Over 12 months you spent: $2,400.00
- The next 10 years you will spend: $33,159.48
- The next 30 years electricity will cost you: $226,705.89
Increased Home Value:
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- A home with $0 electric bill — a powerful selling point
- Property value will increase $20,000 for every $1,000 you save on electricity per year**
- Your property value will increase: $36,962.40
- According to National Appraisal Institute
Safe Investment:
Has your retirement fund taken a hit lately? In addition to increased home value, Residential Solar can produce small, but certain long-term returns.
You can:
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- Pay $226,705.89 to your electric company over 30 years
- See 0 return on your investment
- Invest money into a Solar System
- After you pay off your solar system, you have 30+ years of free electricity
- Pay $226,705.89 to your electric company over 30 years
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This is a huge return on your investment considering that you will be saving at least 20 years of electricity, which would cost you around $98,389.18.
California Solar Rebates, Federal Tax Credits and other Local Incentives can pay for up to 45% of your total solar project costs!