The Solar Solution

A solar panel system is the next indispensable appliance. At one time buildings did not have water heaters. Today no one would think of building a home, public or commercial building without a way to heat the water. As solar power systems become more prevalent, the day is coming when no one will think of constructing a building without the ability to self generate electricity.

A solar power system is a high return investment. Local, state and federal incentives add up to a savings on the initial cost of a photovoltaic system of up to 49% depending on the utility territory. When these incentives are applied, the time frame in which a solar power system starts to create a return can be as little as 5 years, depending on the installation and building energy usage. After that the solar panel system is generating a profit.

Value is added to the home or commercial structure when you put a solar panel system on the property. Homeowners see an increased property value without an increase in property taxes. Commercial owners will see a high capitalization rate improvement, thus increasing the value of the building.

Electricity rates have increased every year for the past decade. All evidence points to this trend continuing, resulting in even higher utility rates. Property owners who install a solar power system will mitigate this risk of electricity price hikes in the future, because they are generating their own power.

Finally, a word for the planet. Solar power is energy from the sun. This unrelenting, continuous flow of energy onto the photovoltaic panels generates green, clean electricity.