Solar Economics
The economics of solar are these:
1. Your electric bill is going up, period.
2. Solar can reduce or eliminate your electric bill, period.
- Rising Fuel Cost = Rising Electric Rates/Bills
- Falling CA State Incentives & Rebates = Higher Prices for Alternative Energy Sources
- Installing Solar sooner rather than later means locking in electric rates and receiving bigger benefits sooner
- If you could lock in your fuel, food, transportation, or housing prices for the next thirty (30) years would you do it? Of course you would. In fact, it is the investment reality that home mortgages are based upon. Solar is that kind of investment.
Solar simply makes the most sense. It is:
- The Sun is virtually unlimited supply
- One of the cleanest fuels (along with wind power)
- Most quiet operationally (no moving parts, operates silently)
- Most reliable and long-lasting technology (25 Year Factory Warrantees, 30-35 Years System Life)
- Virtually maintenance free (an occasional hosing down the panels)
- Best alternative to and protection from ever-rising electricity rates/bills
- Highest incentives and tax rebates available
- Easily expanded, upgraded, serviced
- Operates automatically without human intervention
- Safe, Standard, Certified, Approved components
- One of the smartest, safe investments possible today
What makes it such a good investment are the Electric Utility providers themselves. Did you know that electricity rates have risen over six (6%) year-over-year (YOY) for the last twenty (20) years? Did you know that the Electric Utility providers have published charts that project increasing rates at a higher rate for the next twenty (20) years?! Think about that fact.
They are saddled with a dirty, polluting, inefficient fuel source -- Coal. Replacing Oil with Coal is not much of a improvement other than balance of trade. The Coal Lobby will tell you that they are planing for "Clean Coal". That will never happen in our lifetime or, most likely, our grandchildren's either. But, let's give them the benefit of the doubt. Let's assume they do, in fact, discover and develop a clean coal technology. They are mining a limited resource. It is the same scenario as the Oil mess we are suffering through today. The only difference is that we will be destroying the environment in the U.S. while we extract natural resources and destroy the landscape. Not much of an alternative really.
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