How Solar Power Works and Benefits You
- Solar Panels made of photovoltaic (PV) Cells create DC power from the sun.
- The Power travels to the inverter and converts to electrical current, or AC power.
- AC Power travels to the Electrical Panel and may be used as standard electricity.
- Electricity usage is measured by the Utility Meter, but when you produce more power than you use the utility company gives you credits towards your next bill!
- Your building remains connected to a Utility Grid to supply more power when needed.
IS SOLAR ECONOMICAL?-FIND THE FACTS
Lower, Levelize or eliminate your electric bill for 20 years:
Electric energy prices are rising 4% to 6% each year. Solar power avoids this increasing cost. For example:
- Average monthly electricity bill is: $200.00
- Over 12 months you spent: $2,400.00
- The next 10 years you will spend: $33,159.48
- The next 30 years electricity will cost you: $226,705.89
Increased Home Value:
- A home with $0 electric bill — a powerful selling point
- Property value will increase $20,000 for every $1,000 you save on electricity per year**
- Your property value will increase: $36,962.40
- It will not increase your property tax because solar is property tax exempt!
- According to National Appraisal Institute
Safe Investment:
Has your retirement fund taken a hit lately? In addition to increased home value, Residential Solar can produce small, but certain long-term returns.
You can:
- Pay $226,705.89 to your electric company over 30 years
- See 0 return on your investment
- Invest money into a Solar System
- After you pay off your solar system, you have 30+ years of free electricity
This is a huge return on your investment considering that you will be saving at least 20 years of electricity, which would cost you around $98,389.18.
To contact a member of the Solar Energy Management LLC team, call us today at 888-529-0070 or fill out an inquiry on our contact page.