What Solar Can Do for Your Pocketbook

Hi Building Solar News reader…

I know, it’s been a while again since our last post.  I’ve actually been reading a lot and learning more so I can better inform you about what it really means to build with both passive and active solar power systems.

To help hold you over, one of my good Twitter friends put together some great material with examples of how solar energy can affect your pocket book.  Here’s what the folks at Real Goods Solar had to say…

——————————————————————————————-

What Solar Can Do for Your Pocketbook

• Lock in your electricity rates for 30 years – PG&E and other utility company’s rates have been steadily increasing by about 6.7% a year, with a 30% jump in the last three years alone.

• The pre-tax IRR over 25 years in most cases averages around 10-15% — far better and far safer than the stock market, bond market, money markets, and long-term CDs.

• Increase your home’s value by $20 for every $1 reduction in annual utility bills, according to the National Appraisal Institute. And, your property tax won’t increase even one cent.

• Since you only pay us the After-Rebate Price, without having to wait for your state rebate to process, you experience the savings right away!

The average homeowner will spend more than $100,000 on electric bills over 25 years. Why rent when you can own? Following is an overview of the costs associated with purchasing a solar system….

Get the whole article on their BLOG at:

http://www.realgoodssolar.com/solar/ecs/main/Economics.html

——————————————————————————————

Kathy and I are currently looking at adding solar panels to our 38 foot Rexhall Aerbus motor home.  We’ll let you know what we find out and how that goes…

Until then, keep your eyes on the sun.

Wes

www.BuildingSolarNews.info

Tags: active, energy, grant, passive, power, rebate, solar, sun