Why Invest in Solar Energy
New kitchen? New Car?
Or a New Solar Energy System?
Study after study has proven solar is one of the hottest investments you can make as a homeowner. In a recent study by the New England Clean Energy group, 70% of homeowners surveyed claimed solar to be the best investment. In this same survey, 95% of solar-owners reported they were happy with their solar installation.
“It’s like putting money away for retirement”
– Paul and Patricia Peavey, MA
The Answer Is Easy: Invest in Solar
The primary advantage of solar is that when a solar system generates savings for a homeowner its yield is not taxable. Typically, a solar system will provide a ten to fifteen percent return per year. More specifically, a ten percent yield from solar equals on average generates at least a fifteen percent yield before taxes. It is almost impossible to find a ten percent annual after tax yield on an investment in today’s economy that is as safe and secure as solar.
How much value does a solar energy system add to your home? The best summary is from an appraisal journal article written some time ago that states that any energy improvement made to your home adds twenty times the yearly energy savings in value. So, if a solar system saves you $1,000 a year in energy, it adds $20,000 to the value of your home. Few home improvements both add value to your home AND produce a valuable commodity year after year.
In addition, studies by the U.S. Department of Energy have shown investing in solar energy increase a homes value by an average of $17,000. Additional studies have shown solar powered homes sell twice as fast. Purchasing solar from Premier Solar Solutions is the smart choice!