3 Reasons Solar Energy Is A Great Long-Term Investment

Skepticism is healthy especially when it comes to developing technology. Solar panel systems have increased in popularity and the technology has stood apart as a reliable long-term investment. This is what you should know before making your solar investment.

It’s good to be skeptical of developing technologies, and solar energy is no exception.

You should know why solar is a great investment before you hop aboard that investment train.

Solar energy has proven itself, over the last decades, to be a great long-term investment. Topaz Solar Farm, a $2.5 billion project, is a notable example of how much successful investors believe in solar energy.

There are a few main reasons you should really consider investing in solar energy today.

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Fossil Fuels Are Limited, Solar is Infinite

Solar power is an excellent investment.

Fossil fuels, like oil, are subject to foreign politics and price instability. Even the best economists can’t predict how oil prices will fluctuate from year to year. Solar energy allows you to free yourself from the worrying stress of rocketing fossil fuel costs.

Fossil fuels, like oil and coal, are very limited. In fact, many experts predict that fossil fuels will permanently decline in the next fifty years—it’s only a matter of time before the earth runs out of those resources. Solar energy, on the other hand, is pretty much infinite. If our sun runs out, we won’t be around to complain about it at any rate.

Investing in solar energy is a good idea; the sun should last at least for another 5 billion years. It’s pretty low-risk. Solar energy is a reliable, growing, and successful industry.

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Fossil Fuel Energy Costs Are Unstable—You Don’t Have To Be

Relax and feel good with your solar investment.

Installing your own residential solar panel system is a great way to negate your ever-fluctuating and headache-inducing energy costs.

You can get outside the imbalance of the fossil fuel market. The energy output of solar energy systems remain consistent, the technology is good, and the amount of money you’re saving with your solar power system gradually increases.

This is because while electricity rates will continue to rise, solar power will cost the same. Money that would have been wasted on your utility company now becomes money saved because of your solar pv array system.

Solar Power Is Here To Stay

Make a smart investment with solar energy today.

You’ve heard anecdotal stories of people who missed out on investment opportunities and lots of potential earnings. They’re not happy stories. So don’t be that person.

The solar power industry is expanding rapidly and now is the time to take advantage of the federal rebates and tax incentives (many will be ending at the end of 2019). Don’t miss the opportunity to invest in solar energy and start saving money today.

You have 3 good reasons to invest in solar energy. Don’t miss out. Talk to our solar experts, learn about the funding available to you, and get your free quote today.

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Frequently Asked Questions about Solar:

Q: What is the ITC?

A: The Federal Government in the year 2019 will pay for 30% of your solar cost. That's like the Federal Government paying 30% of your electric bill for the next 30 years.

Q: Is there a solar program that is 100% free?

A: No. There are programs without any enrollment, install, or maintenance costs. However, you still have to pay the lower power bill that comes accompanied with your electricity use.

Q: What energy efficient program offers the most savings?

A: Solar offers massive savings to the homeowner. Especially as electric rates tend to rise year after year, and homeowners are using more power as they are adding in home automation, tvs, speakers, etc.

Scale of Solar Prices Over Time

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Frequently Asked Questions

Q: How much does the solar tax credit save you?
A: The solar tax credit is for 30% of the installation. Most homeowners save around $9000.

Q: Can you move solar panels with you?
A: It depends on what kind of contract and program you enter. If you own the panels you can do what you wish with them. There are many contractors that will move with you for a fee. Others won’t move with you. Before you enter into a contract, make sure you have an idea of what you want.

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  1. When i stayed in hawaii my girlfriend’s mom had solar power like ten years ago and I could never get the bath water to be hot or there to be much hot water and i take hot bath’s for medical comfort. Does this tend to be true for solar power?

    1. Good question!

      We should actually write an article about this to really answer it.

      Some people opt to lower their energy bills by using solar water heating. And solar water heating systems tend to take up very little space, so it can be a good option for some people to begin with.

      Basically solar water heating uses energy from the sun to heat water for your home. Some people use passive systems (using gravity and natural circulation to heat water), others use active systems (pumps and controls circulate water).

      Some active systems have automatic controllers which detect when sunlight is being gathered. And they tend to be good in areas with moderate temperatures (rarely falling below freezing).

      Some passive systems may be made of a solar collections tank, a storage tank, and all the pipes that run between them. These systems use cold water that must be pumped into the solar collecting tank in batches. Passive tends to work well if you have significant day and night hot water needs. Again, they work best in areas where temperatures stay moderate and rarely fall below freezing. They also tend to be less effective overall.

      So in many ways, it depends on where you live. The best way to gauge if you could benefit from a solar water heater would be to talk to your solar professionals. Get a few quotes and see what they have to say about your area and what other homeowners have benefited from. You can use Home Professionals 100% free and no-commitment pro finder located at the end of the article to help you get started if you like.

      Hope this helps!

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