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Thinking of installing a solar electric system?

Regardless of whether you want to help fight global warming, you want to be energy independent not relying on the utility companies to power your home or you are tired of paying an ever-increasing electric bill, it is hard to ignore the potential financial benefits of  installing a solar electric system for your home today. The following is a quote taken from the Wall Street Journal Digital Network,

“In today's uncertain economy, rooftop solar power may be the very best investment a homeowner can make.”

With electric rates increasing every year, estimates are that the average homeowner will spend over $100,000 in the next 25 years on electricity. With costs that high it makes sense to turn that expected cost into an investment that yields numerous dividends by locking in your rate for electricity now. Some projections for long term returns on a residential solar energy systems are as high as 20-25%. This figure reflects the lower cost of investing in a solar energy system now, combined with the increase in value to your home.

Yes, with today’s generous and unprecedented federal, state and local solar incentives, falling solar panel prices, ever increasing residential electric rates and an uncertain financial market, keeping your money close to home by purchasing a residential solar energy system could very well turn out to be the best investment you ever make!

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