I’ve been doing some heavy-duty research on solar panels recently, and I feel like I know all I need to about the benefits of panels, but how do I know when I’m ready to take the plunge and buy?
Dear Indecisive Buyer,
Props to you for doing your research. Solar panels are a large investment, but a wise one too! By now you probably know that solar panels save you thousands, improve the value of your home, and look good doing it. The benefits of solar power are huge ones, but we understand that officially signing off on a big purchase can be nerve racking. Luckily, our team of experts is here to guide you to a solar solution to fit your budget. And in case you weren’t already convinced, here are a few more reasons to go solar sooner than later:
Prices are at an all-time low (for now). The price of solar panels is dependent on a lot of factors, primarily the cost to produce the raw materials. Markets can be unpredictable, and we don’t know if or when other cost variables will increase. Since a consistent price on panels isn’t guaranteed, it’s best to buy before the cost drives up.
Installing in 2017 will get you a credit on your 2017 taxes. You can get up to a 30 percent solar investment tax credit. Folks who installed solar panels on their homes last year received 30 percent of the cost of their solar panel system, in addition to any other refund they were owed. For some, this added up to around $10,000. On top of all the money you save with solar, the panels pay for themselves.
The longer you wait, the more money you’re handing over to the utility company. For every month you don’t install solar, that’s just another monthly utility bill. Try as you might to reduce your energy usage, those efforts normally don’t make a huge dent in your final bill. And trying to survive the Midwestern summers and winters without your AC or heat? Yikes. Electrical companies continue to raise their rates, but with solar power, your energy bill can cost less than a cup of coffee. Every. Single. Month.
Just like starting to save for your retirement when you’re young, installing solar power now gives you the opportunity to maximize your savings for years to come. So, what are you waiting for? Give Icon Solar a call today to set up a free onsite visit and start your savings now.
See you on the solar flip side!
Wanda, Your Wealth Warrior