Savings

​Sun Solution Solar has been in the game for enough years that we’ve seen people make the transition to solar for a whole bunch of reasons—not least of which is that they care about the planet—and no matter what your initial motivation may be, there’s no doubt that you’ll notice pretty quickly the massive financial benefits that only multiply over the years as you enjoy the fruits of a top-tier solar panel installation in Columbia, MO. As the cost barriers for solar installation have decreased over the years, more and more residential, commercial and agricultural property owners have started to take notice of the potential savings available—a host of tantalizing benefits to go along with the feel-goods you’ll get from making an energy investment that’s good for the future of our environment…
 
Here are just a few of the financial benefits and considerations that can help those of you who are wondering how you might get in on an investment that not only enhances your property value (and comes with a smattering of tax credits and financial incentives) but reduces expenditures consistently and well into the future.
 
How to Save Money with Solar
 
The particulars of how much money you’ll save with a transition to solar depend on several factors, and at Sun Solution Solar we’ll help you navigate the range of options available to you when it comes to Missouri solar panel installation tax credits and financial incentives. You can lean on our experience to help parse out some of these complicated decisions, like: to purchase, or to lease?
 
With increasing tech affordability (and ballooning benefits of investment in clean energy) the purchase option has become more and more accessible over the years, and once you’ve considered all the financial incentives that accompany solar transition, you might be surprised to find just how affordable (and profitable!) the solar investment can be. Purchasers will enjoy a range of benefits, including:

Improved efficiency. As solar panel manufacturers continue to improve their tech and procedure, it has only gotten easier for panels to generate more electricity with less waste, meaning more cheap solar energy will be available for your needs, and you’ll have less need to supplement with utilities provided elsewhere.

More affordable pricing. Those advancements in technology that’ve increased efficiency have also led to greater affordability of the panels themselves, meaning you’ll face significantly more manageable start-up costs when you join the Missouri solar movement.

Diverse solar incentives. There are tons of federal and commercial incentives designed to help you manage the start-up costs associated with the transition to solar, from net metering (where utilities companies actually pay you for the clean energy your panels produce) to tax credits and solar rebates (check out the sweet deals offered by Duke and Empire Electric!).  

​There are a lot of attractive financial rewards that kick into action the second your panels are up and running, but our clients have been most delighted with the impact on their electric bills. The average American family spends more than $1,400 dollars on electricity alone each year. But with an average-sized 5-kw system installed at home, you’ll be able to meet 84% of your energy needs with solar alone, meaning you’ll be enjoying relatively freedom from reliance on the grid, and your wallet will thank you.

Tired of writing that check to Duke Energy or Empire Electric?
What if they paid you instead?

On average, homeowners who switch to solar enjoy 20-year savings of up to $28,000 nationally (and that’s not even including the increase in property value that you’ll also instantly enjoy).
 
There are a lot of factors to take into consideration when planning for solar, but don’t be intimidated. We’ve had experience helping all manner of homeowners and business owners identify the most cost-effective approach to financing to help maximize the benefits of an investment in a solar array courtesy of our top-tier Columbia Missouri solar installers.
 
Solar Installation Costs 
 
Like any investment, the switch to solar comes with some start-up costs, but the awesome thing about the alternative energy industry is that there are tons of programs designed to help customers offset those costs in an ongoing effort to make green energy more widely affordable.
 
In 2017, according to EnergySage.com, average homeowners paid between $2.87-$3.85 per watt on solar installations, which averages out to about $16,800 for the whole system. But that’s before tax credits, and before taking advantage of the many private, state, and federal incentives, which dramatically reduce that number.
 
There is a wide variety of financing plans available from outright purchasing to PPA agreements and solar loans, and at Sun Solution Solar we’re here to help you identify the options that will allow you to make the most of your installation. Give us a call and let us know about your energy needs. We’ll be able to walk you through all of your options and point you toward financing that will put the most money back in your wallet!
 
Generating Income with Solar
 
We mentioned Net Metering earlier, and here’s where things start to get pretty exciting. This system means that if you produce more energy than you consume, the value of some of that extra electricity can be removed from other utility bills. Regulations and industry standards are changing fast, and in recent years the Federal Government has been urging more and more states to develop “feed-in” tariffs, which allow solar generating homeowners and business owners to be paid directly for their generation of electricity.
 
The investment in solar already pays high returns, and it looks like those benefits are only going to expand in the future as we seek greater freedom from fossil fuels and from traditional reliance on utilities providers.
 
The bottom line is: there’s money to be made in the transition to solar—a nice perk for a decision that not only helps the environment, but helps ease the minds of all those frustrated with the uncertainty of a fluctuating supply and utilities costs.
 
If you want to find out how all this applies to your specific energy needs, give us a call today at 573-234-4524 and find out how you can maximize your cost savings when you work with your friendly local Columbia MO solar installers at Sun Solution Solar.