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Do You Know How Much You’ll Pay For Power Over 10 Years? | Solar Energy USA Blog Archive

Do You Know How Much You’ll Pay For Power Over 10 Years?

Posted on Monday, June 24th, 2013 at 7:07 pm by Solar Energy USA
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18000-dollarsLet’s face it, no one enjoys going to the mailbox each month, opening up the power bill, and having to write a check to the local power provider. And if you’ve been keeping good records of utility bills you have probably noticed the money you spend to power your home each year has been costing more and more, another unfortunate truth.

In Georgia, as is many other southeastern states, homeowners have no say in terms of choosing a power provider – where you live determines which utility lines you pull your power from. You pay your monthly power bills each month and if the power rates go up you have to pay more and more of your hard earned money.

Let’s say for example that you pay an average power bill of $150 dollars each month. We all know there are 12 months in a year, so that $150 dollar power bill is equal to $1,800 dollars spent on power each year. This equates to $9,000 dollars spent on power in 5 years, and a whopping $18,000 dollars spent on power over 10 years (assuming no power rate increases)!

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Solar Energy USA wants to show you a different way to look at paying for power each month utilizing our line of Affordable Solar Solutions. When you go solar you are essentially becoming your own power company. Rooftop solar panels generate power each month that you use inside of your home instead of purchasing power from the local utility. If you produce more power than is required for your home you can sell it to the power company for a profit (no joke)!

When you purchase a solar energy system for your home or business you are purchasing a system that will produce power for your needs today and make you less dependent on power from your power company. It may be easier to think about the cost of producing your own power with an automotive fuel cost analogy – if someone offered you a prepaid gas card that locked you into a $1 dollar per gallon rate of gasoline for the rest of your life would you take it? Definitely, because we all know that the cost of gas has increased over time and will continue to increase in the future.

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Powering your home with a solar energy system can be looked at in the same light – you are locking yourself into a lower power rate today by producing your own energy and protecting yourself from the coming power rate increases. The more power you produce on your own is the same as requiring less power from your utility company. And when the cost of power goes up, the value of the power that your solar energy system generates increases as well.

Most solar energy systems are warranted for 10 to 15 years, sometimes 25 years when they are purchased from a high quality solar company, with an expected lifetime of 40 to 50 years. So the overall cost of a solar energy system is very minimal when you figure the system will quickly pay for itself and continue to save you more and more money in the future as the cost of power continues to increase. Solar Energy USA offers a 25 year warranty on our solar panel installations and we also have a number of finance options available for homeowners.

Back to the above example – a $150 dollar monthly power bill is equal to $1,800 dollars each year, $9,000 dollars spent on power in 5 years, and $18,000 dollars over 10 years (again these numbers assume no power rate increases). What would you do if that money were back in your pocket thanks to some new solar panels??

Solar savings can buy you a lot of things. Here is a list of items our solar homeowners might plan to purchase with the money they are saving thanks to solar:

College Tuition

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A Kitchen Remodel

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A Tropical Vacation

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A NEW Car (buy a plug-in electric vehicle, power it with solar, and then let your solar energy system pay for itself even quicker!)

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Ready to save money on your monthly power bills? Contact us today to schedule a free energy consultation and find out how much you can save with solar!

www.solarenergy-usa.com

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