Why Solar? Stop Burning Your Money and Start Saving
We’ve all seen the articles in the news about the constant increase in demand and the constant increase in energy costs. Here are just a few of the many ways residential solar can benefit you:
• A means to independence from energy hikes
• Reduce the cost of owning your home
• An addition to your home that increases its value
• A great way to take advantage of tax incentives
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How Does Residential Solar Benefit You?
A kilowatt hour (kWh) produced by solar is cheaper than buying from the local utility.
Recently a friend asked me skeptically, “Why do people buy residential solar? How does it benefit them?”
I responded with “If you could pre-purchase power for your home at half the rate of your current cost of power, would you do it?” He looked at me confused. “But isn’t solar power expensive?” Understanding his concern, I wanted to help put things into perspective. I presented the following:
Take a look at what you have spent on power bills since owning a home and you’ll be amazed. Remember, there is no such thing as a return on investment from the power bill. The cost of powering your home continues to rise, but there is now a way to make yourself immune from the power company’s connection to your wallet. A properly installed residential solar system will produce power day after day, year after year, giving back your hard earned money with interest.
Whether your roof space, budget, or power usage are the limiting factor, any kWh produced by residential solar will save you cash. In many locations, utilities have a tiered rate schedule. This means that the more you use, the more you pay. The higher your usage gets, the more expensive each kWh becomes. A residential solar power system can cut down that peak usage. Even if your system is 50% of your bill, you are offsetting the most expensive part of your power bill.
Take time to contact IWS and learn more about how much a residential solar panel system can save you on your power bill.