<img src="https://ib.adnxs.com/pixie?pi=1c655c6c-ec9d-4001-bf37-65ae7ccc6a05&amp;e=PageView&amp;script=0" width="1" height="1" style="display:none">

2 min read

Why Installing Solar PV Systems is a Solid Investment

There are few things which are absolute certainties related to human beings living on the planet earth. For one thing we are always going to need air to breathe and water to drink; another human necessity in this always-connected world we live in is the need to be "plugged in" to electric devices. Electricity doesn't just come from nowhere though and it's costly to get it to humans. As we have seen in recent years costs for everything, including electricity, continue to rise. One other fact that remains true is that the sun rises in the east and sets in the west.

With all these facts taken together there may be no greater time than now for the installation of solar panels or PV systems in your home. Here are some facts about the costs savings from PV systems installed in your home today; these numbers are using the static assumption of 3.0% energy inflation rate and a .5% system degradation rate. The costs of energy are always rising; if you do install PV systems in your home they will also eventually need upkeep and repair. But as you'll see, these costs turn into huge savings.

First Month: The first month your savings will be $51. That's not a lot of money; maybe a couple of pizzas for you and your family. But still, $51 is $51.

First Year: In the first year you are estimated to save some $610. That's a little bit more respectable. You could buy a new vacuum or get some work done on your car for that amount of money.

installing-solar-pv-systems-solid-investment.jpgFive Year: When you are looking at the savings for five years now you are getting somewhere. The cost savings for five years of PV systems in your home is estimated to be $3,668. That could pay down the credit card you have been carrying a balance on.

Ten Year: At a decade things get even more interesting. Your savings for these first ten years are estimated to be $9,001. That is a sizable down payment on a new car or a full payment on a quality used car.

Twenty Year: The twenty year benefit for solar panels in your home comes in at the even more respectable rate of $25,565. What would you do with an extra $25,565? I mean since you didn't win the Powerball jackpot?

Thirty Year: Thirty years of solar energy in your home means that you have been caring for the environment for a good chunk of your life. You have been turning down the consumption tendencies we all were brought up to embrace, you have been saving your energy supplier from raising the costs for everyone, and you and your family have been doing quite well. How well, you ask? Well, you could anticipate savings in the realm of $69,809. That could be a huge chunk of your home loan paid off; that's right the solar panels you install in your home could help to pay your home off. Consider the possibilities.

Of course with all of the current tax credits that may be expiring at the end of 2016, there is no time like the present to consider your home for a solar upgrade. If you want to talk to the expert on solar energy, PV panels and more in Florida then you need only remember one name: Superior Solar. For some time now Superior and their team have been consulting, installing, upgrading and maintaining solar panels in Florida for consumers and businesses. If you would like to take advantage of the savings from the sun, contact us today!

solar-options-costs-roi-superior-solar

Solar Source Makes the List Again as one of Solar Power World's 2023 Top Contractors, Marking it's 12th Year in a Row!

Solar Source Makes the List Again as one of Solar Power World's 2023 Top Contractors, Marking it's 12th Year in a Row!

As one of only a small handful of contractors in North America that has made the list every year, Solar Source is pleased to be featured as one of...

Read More
Your Home, Your Power: Why Are You Still Renting Electricity in a House You Own?

Your Home, Your Power: Why Are You Still Renting Electricity in a House You Own?

When you think about your home, what comes to mind? Maybe it's a place of comfort, where your family gathers for meals, celebrates birthdays, or...

Read More
June Storms Ahead: Here are Steps to Prepare Your Solar Panels Now

June Storms Ahead: Here are Steps to Prepare Your Solar Panels Now

As the month of June approaches, many regions are bracing for the onset of storm season, which can pose a threat to your solar panels if not properly...

Read More