Free solar systems have become a much more popular concept of late. A lot of people agree that solar electric is superior because it helps the earth, while saving money. Is this right? Here are some simple tips for using solar electric energy in your life; find out the truth for yourself.
We installed a free solar electric system, yes that's right, free! The total install was over $100,000 but we paid nothing. So how many of you would love to install a free solar energy system, but the cost has been holding you back? Did I say free? Yes, there is no cost, but how does that work?
As we evaluated installing and buying a solar energy system, the break even cost was always over 10 years. The reps that come out will show you documents reflecting a 4-6 year break even which isn't even close. They use the value of SREC's, which is a credit system with a floating value. As more solar electric energy comes on line the photovoltaikanlage mit speicher value of the SREC's will decrease lengthening your break even cost. So buying the system wasn't making any sense, but with the estimated costs of electric doubling over the next 10 years, we knew we had to do something.
Free Solar Energy-The Power Of The Lease
We looked into solar leasing. You need the last 12 months of your electric bills. You are allowed by regulations to install solar electric systems up to the amount you use in electric. If you averaged 2000 kw per month, you could install a solar system that generated 24000 kw per year. A representative will do an evaluation to see if a solar system can be installed on your property. There are 2 major issues to be resolved, trees creating shade, and a south east exposure.
In our case, our total usage was 30,000 kw but our roof could only fit 20,000 kw. We won't completely replace our electric bill, but the solar system will take care of 2/3rd's of our old bill. Not bad, but what is the cost of the free solar energy system? Nothing up front or out of pocket. We pay a set fee per kw that the solar energy company guarantees it will generate, which is roughly 1/2 of the electric companies total rate. That rate is locked in for 15 years. Imagine that, no price increases for 15 years!
So is the free solar electric system really free? Yes and no. As stated, there is no upfront cost and we paid nothing for the $100,000 plus solar system that was installed. We only pay for the guaranteed energy that is produced, which is 50% less than current rates with a price lock for 15 years.
Free Solar Energy-Protection Against Inflation
With a 15 year guaranteed rate we have total protection against inflation and the estimated 100% increase in electric rates in the next 10 years. That is huge! Talk to anyone, and ask what their electric bill was 10 years ago compared to today, pretty eye opening. So who maintains the system? The solar company is responsible for all maintenance and insuring the system is operating to top efficiency.
Now that you have read this information, what are your thoughts? Do you believe that free solar energy is the right decision for you? You will discover through your use of these suggestions how easy it is to incorporate solar electric into your life. Start using the tips and benefit from free solar energy immediately.