Benefits of Solar
Security: Protection against rising utility costs
California’s energy rates have spiked over the last five years. Over the past 35 years California electricity rates have risen almost 7 percent per year, compounded annually. Gas rates are even more volatile and have increased similarly. Few people are predicting that those rate increases are going to slow down soon, if ever. But sunshine is free, non-polluting and readily available. With a solar-powered system you will be in control of your own energy production and free from wildly increasing energy rates and the need to depend on diminishing fossil fuel sources. Because the power you generate on site will not be subject to future increases in energy rates, solar can provide a stable cost for budgeting. By buying a solar system you are in effect pre-paying your next 30 years of energy bills at a very favorable rate.
Excellent return on investment (ROI)
An investment in solar power provides long-term savings. The ROI on a solar system comes from avoiding the cost of future utility bills. Most businesses see after-tax returns of 10-18 percent on their solar investments. The cost of a solar installation can usually be recovered within 4-7 years, depending on how much energy you use. Government incentives, combined with recent decreases in solar equipment prices, make an investment in solar power a good financial decision.
Current government rebates & tax credits
Current government incentives can pay for a significant percent of total system costs. These programs include federal tax credits, state rebates, and municipal incentives. A solar power system also adds directly to the value of your property, without increasing your property taxes. Click for more on incentives and rebates.
Reliability & low maintenance
Solar electrical modules power most satellites in orbit, because they operate reliably for long periods of time and require little or no maintenance. Here on earth, commercial solar-powered systems also require little or no maintenance and will provide clean energy for 25 to 40 years. Solar electric (PV) solar panels carry a 25-year manufacturer’s warranty that guarantees that the panels will maintain a minimum of 80 percent of their original production. Sun Light & Power also provides a 10-year workmanship warranty on all PV installations.
Solar water heating systems (solar thermal) harvest energy using a simple, yet time-proven technology. Today’s solar water heating collectors have up to 60 percent efficiency in capturing the sun’s energy. They carry 10-year manufacturer’s warranties and have a life expectancy of at least 25 years. Sun Light & Power also provides a 10-year workmanship warranty on all hot-water installations.
Being “green” is good for business and good for the bottom line
Being a green business is a great marketing tool. Today, many consumers make their buying decisions based on the environmental responsibility of the vendor. When your company announces its decision to go solar, you will receive positive exposure and strengthen your brand recognition.
Integrity: Environmentally Beneficial
By generating solar energy, you lower the amount of traditional energy that has to be discovered, mined, drilled, transported and cleaned up. When you use solar energy you derive power from a clean source: sunlight. Your use of solar energy also helps to fight global warming and reduce our dependency on decreasing fossil-fuel sources such as coal, oil and natural gas.