Solar Energy Savings
LEARN ABOUT THE SAVING POTENTIAL OF AFFORDABLE SOLAR
There are many reasons to switch from conventional power to solar power and solar energy, and saving money is at the top of the list. Who wouldn’t want to continue to power their electronic devices and home appliances while saving money? Having affordable solar energy can save you an average of $40 to $191 per month during the first year, according to estimates from the NC Clean Energy Technology Center. But why is solar power cheaper than getting power off the grid? Here are four advantages of solar energy.
NO MORE RISING ELECTRICITY COSTS
Going solar also releases consumers from the price volatility of the electricity grid. Consumers that choose solar no longer have to worry about the uncertainty of rising utility rates and ever-higher bills. Instead, consumers who buy their own affordable solar panels harness the free power of the sun by collecting and storing solar energy.
TAX CREDITS AND GOVERNMENT INCENTIVES
Most consumers have access to tax credit and incentives when purchasing home solar panels. Qualified homeowners can receive a 30 percent tax credit via the Residential Renewable Energy Tax Credit. Many states also offer financial incentives.
SELLING EXCESS ENERGY BACK TO THE GRID SOLAR
In most states, consumers who own their own panels can sell their surplus power back to the utility company in a process known as net metering. That means a meter will track how much power is sent to the utility over a period of time, and the homeowner will receive a credit or compensation at a wholesale rate.
ZERO DOWN LEASE OPTIONS
Homeowners worried about putting down money to buy residential solar panels have the option of leasing panels from an affordable solar contractor for zero down. They then agree to buy the solar energy at a reduced rate.
The good news for consumers switching to solar power is that there’s never been a cheaper time to go solar than right now. And as the advantages of solar energy add up, so do the savings. For more information, contact Apec Solar. Get your free solar quote today!
THE SOONER YOU GO SOLAR, THE MORE YOU COULD SAVE.
Rising electric rates are estimates based on average residential electricity prices between 1993-2013 published by the U.S. Energy Information Administration. Your solar energy bill is an estimate based on the average solar payments and energy bill offset of customers who entered into $0 down leases or PSAs with fixed payments between March and October 2014 and assumes no change in electricity usage. Your new electric bill, your potential savings over time, your electricity costs with solar and your electricity costs without solar are estimates based on rising electric rates and your solar energy bill.