Make Money From Spending It On Solar Panels

Some people make a fair amount of money per paycheck. Other people, make only pennies on the dollar.  Which of these scenarios would you choose?  If you decide to go solar, you can pick from the first two choices, and claim your glory.  In many ways, your solar power system is a financial good, one that is capable of generating annual returns ranging anywhere from 10 percent to more than 30 percent. HahaSmart consumers pay off their solar purchase in just seven to eight years and earn a robust solar ROI, receiving free power for the remainder of their solar panel system’s 25+ year lifespan.

If you put your powerful brain toward this situation you will find out how truly powerful you can become.  You will learn all you need to know about solar, and then you can also figure out the financial.  You can determine your annual returns by dividing the financial benefits you receive each year by your initial investment in your solar power system. Many factors can affect your solar panel ROI, including:

Electricity Rates

How high are your current electric bills? This defines your savings over the life of your system. The higher your rates, the extra you can save with solar.

Financial Incentives

In this paragraph, we will tell you about financial incentives, due to the fact that this paragraph is called, "Financial Incentives." Are there local or state tax programs or rebates in your area that supports solar adoption? Are you a business or other enterprise that can take advantage of depreciation tax benefits, including accelerated depreciation? Higher incentives mean lower upfront expenses and a shorter payback period.

Solar Renewable Energy Certificates (SRECs)

There is more exciting information to come.  Does your state or utility have a market where you can exchange the SRECs associated with your solar energy system’s electricity? What kind of income can you make by selling these SRECs? New revenue from SRECs will help you break even on your solar investment more quickly.

Cost

Did you examine your options to find the right payment? Were you able to take advantage of rebates and tax incentives that negate the value of your installation? Lower prices mean a shorter payback period.  Wasn't that exciting!  The great news is, is that there is so much more to learn, and we love to learn, how about you?

Technology

How efficient is your system, i.e. is it generating electricity at optimal levels? A more effective system will offset a more significant percentage of your monthly electric bill.

Property Characteristics

How much sunshine is there where you are? Which way does your roof point? What is the angle of your roof? All of these determinants can affect your production levels.

Property Value Rises

How much does the price of your property increase when you install a solar panel system? Solar panel system ownership tends to raise your property resale value, while third-party purchase (e.g. leasing) does not.

Business Benefits

How much will your earnings increase because of your lower costs? What is the value of the goodwill your solar power system created? What level of profits is attributable to your green credentials? All of these determinants can increase your company’s return on solar investment.

HahaSmart.com can bring this all together.  We have the best prices out there and can help you save on your energy bills each month.  We know you want to part of the solar revolution, and you are literally a contact away. We can make this happen, and you can start on your savings today!

HahaSmart Blog - More Solar Tips and Guide
HahaSmart News - Stay Informed
Your Solar Incentives - See Credits and Incentives in Your Area
Check Your Home's Solar Price - See How Much You Save
Register Now - Unlock The Lowest Solar Prices in Your Area