Not many home improvement projects offer the kind of return on investment than solar does. In fact, a home solar system is one of the only investments that pays for itself, increases home equity, and in many cases doesn’t require any upfront capital. Every homeowner is already paying a monthly power bill, so unlike other home improvement projects, investing in solar simply replaces one bill with a lower fixed payment creating immediate savings. As utility prices increase, your solar payment remains the same and the savings grow. 

Residential Solar Is an Investment That Pays Back from Day 1

While it may seem like a large purchase, the reality is you will be replacing your current electric bill with the payment on your solar energy system. In many cases, this payment is lower than what you may have been paying for non-renewable grid power. And the best part is that you own your solar energy system, and once your solar panels are paid off, you own all the energy it generates free and clear. 

Rooftop Solar and Your Return on Investment

The average solar energy system will pay for itself within seven years when paying cash. That leaves over two-thirds of the life of the solar energy system to generate clean, free energy for you, as most solar energy systems have a 25+ year lifespan. Cheap power along with the tax rebates and increased home value make the ROI one of, if not the best, investments homeowners can make. 

What is the Rate You’re Paying for Electricity Now?

Understanding the rate you pay for power now and the average monthly cost of your current electric bill gives you a good benchmark for the monthly payment you’d be comfortable with when determining if solar is a good fit. Replacing one variable bill with a lower guaranteed payment benefits you immediately and even more over time. 

Financial Incentives Drive Your Costs Down

The current federal program, the solar investment tax credit (ITC), saves on average $9,000 on your solar panel costs and installation. This program will not last forever and has schedule step-downs over the next few years. The sooner you go solar, the more you save. 

The Impact of Solar on Your Property Value

Adding renewable energy like solar to your home can make it increase in value. Buyers are looking for eco-friendly and sustainable homes. When selling your home, there is a major benefit to promoting it comes with free or lower-cost clean energy. According to Zillow, solar homes in Florida sell for about 4.6% more than grid-powered homes. 

Be the Change

It is a known fact that Florida is one of the most vulnerable states when it comes to climate change. Protecting our natural resources is paramount for the future of the state we love. By going solar, not only are you protecting your finances but offsetting your carbon emissions as well. The average Florida home can eliminate over 7 tons of CO2 emissions by converting to clean, renewable solar power.  

The Time to Invest in Home Solar Is Now

We know how to help you get the most out of your solar energy system, so you can start seeing a return on investment sooner rather than later. Pay less on your energy bill from day one, and for decades to come.

Get started here with a free savings proposal.