Make a secure investment in solar energy

Solar: a secure investment

You may be questioning where to invest your money right now as rising electricity prices and declining home values have homeowners worried about the future. However, there is an investment that will not only provide you with a sound financial return but will also help secure a brighter, energy efficient future: home solar energy.

Solar rebates and tax credits cut the upfront cost of installation by up to 40%

A major factor in evaluating solar cost-savings is the availability of solar rebates and solar tax credits. The Federal Government currently offers a tax credit on 30% of the cost of a solar system. California has the country’s largest solar power incentive program – the California Solar Initiative (CSI). The program assists homeowners by paying for up to 10% of the cost of a solar system in hopes of creating a million solar roofs throughout the state.

In addition to the California state-wide program, local California city initiatives, like those of San Francisco, are offering solar incentives and rebates and help for financing solar installations.

These rebates and tax credits can amount to thousands of dollars in savings, and can greatly reduce the upfront cost of installing solar. When you consider the savings you receive throughout the 25-year lifespan of a solar energy system, installing solar panels on your roof is one of the best investments you can make during these volatile economic times.

Solar increases the value of your home

Solar adds value to your home – and people want to buy solar homes. In a solar survey done by the Environment California Research & Policy Center, 63% of the people surveyed said they would pay more for a solar home. In another survey of solar homeowners, 77% of the homeowners reported that the solar system was an important factor in the decision to buy their new home.

Solar: your investment comes with a warranty

Sungevity gives all customers the following:

• 25 year warranty on the solar panels
• 10 year warranty on the solar inverter
• 5 year warranty for the roof

Solar panels generate power for decades

Solar panels last a long time - sometimes for up to 40 years. Solar installations have no moving parts and are sealed from the elements, making the chance of anything breaking very rare. However, over time, it is normal for the panels’ production to degrade slightly due to dirt and other natural abrasions. Sungevity gives all customers a warranty that their solar panels will produce at least 80% of their rated power for 25 years. In year 25, you should still expect to generate electricity for many years to come.

Lastly, solar panels represent the bulk of the hardware cost of a solar installation, so your investment is covered for the full 25-year life of the system’s warranty.

Solar inverter

The inverter is the electrical box that turns the direct current (or DC) electricity produced by the solar panels into the alternating current (or AC) electricity used by the utility grid and your household appliances. Inverters may need maintenance or need to be replaced once during the 25-year life of a solar installation. Sungevity gives all customers a warranty to cover the full functionality of the inverter for 10 years.

All the other components, from the wiring to the panel-mounting frames, should require no operational maintenance or replacement for the full 25-year life of the panel warranty.

See the returns that you could make with a solar investment by entering your address in the brown box above. You can also call us at 877.257.8648 for a free solar estimate.