You can cut or virtually eliminate your electric bill. With the excess solar power, you can run your electric meter backward and save!
If you’re concerned that you won’t be in your home long enough to enjoy all the benefits of the solar system or long enough for the system to pay off, you should note that you could gain from the increased home value as soon as your system is in. The Appraisal Institute has published articles showing a $100 to $200 increase in home value for every $1 in reduced utility costs.
With system financing, upfront costs are minimized or eliminated and, frequently, the monthly loan payments are less than your energy and tax savings. The best part is when the loan is paid you continue to enjoy free electricity. Enjoy attractive returns on your investment.
Take advantage of the 30% Federal tax credit along with available state tax credits. Call to find out what First American Solar Technology rebates are available to help pay for your system - Tax credits and rebates can reduce the price of your system by as much as 60%.
A typical 5 kW system eliminates more than 6 tons of CO2 emissions annually. This is the same as planting more than 2.5 acres of trees or cutting your weekly gas consumption by 25 gallons.
Rates have gone up an average of 5.5% annually over the past 20 years and have gone up 15-20% for many utilities in the past couple of years. With solar, you are insulated from expected rate increases.