Is Solar A Better Investment Than The Stock Market?
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The Energy Improvement and Extension Act of 2008 improved the
Residential Renewable Energy Tax Credit so that you can take 30%
off the cost of a solar power system with no $2,000 cap, effective
January 1, 2009. This has improved the economics of owning a
solar power system.
Investing in a solar power system for your home is generally a better
deal than investing in the stock market for the following reasons:
-High Rate of Return – Your solar power system generates anywhere
from 8% - 20% tax-free returns. Because it is an income generator,
it adds value to your home in a way that can be quantified. Stocks do
not add value to your home. The more power you use, the better your
return will be.
-Low Risk – Solar panels are guaranteed from 20-25 years but are
expected to really last twice that. There is minimal risk as long as the
sun shines. As we've seen recently, the stock market is anything but
low risk.
-Inflation Protection – Solar power systems provide a hedge against
yearly utility inflation by locking in your cost of electricity.
-After-Tax Return - Your solar power system is producing power
which is equal to generating dollars. As long as the sun shines your
returns are virtually guaranteed. You don’t pay taxes on the PG&E
bill money that you are saving. Your stock returns are pre-tax.
-Public Incentives – The California Solar Initiative will pay you up to
$1.90 per watt to install a solar power system. You’ll get a federal
tax credit of 30% off the cost of your solar power system after rebate.
You’ll also get a 5-year accelerated depreciation on commercial solar
power systems. You are not paid to buy stocks.
-Green Investment – Your solar power system helps the planet by
reducing carbon dioxide emissions.
What other low-risk, inflation-hedged, tax-free investments are
available to you and what are they paying?
Do they also provide a huge environmental benefit?
Visit this link to see what kind of financial return I can expect.
Call Solar Technologies for a free solar analysis of your home.
Call us at 831-421-0440
You will find out if your home is a good candidate for a solar power
system and if it is, you'll get an analysis that will show your rate of
return if you invest in a solar power system.
Solar Technologies
619 Soquel Ave., Santa Cruz, CA 95062
Tel: 831-421-0440 SolarTechnologies.com
Solar Technologies has been installing solar power systems since
1998 in Santa Cruz, San Benito, Monterey and Santa Clara counties.
We are one of the remaining local, independent solar power installers
in the area.
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How Can Your House Make You Money?
Get a free solar analysis to see if your home is qualified for solar.
Phone: 831-421-0440
"There is peace of mind that the electrical portion of our bill is
now zero, and will never go up."
James S., Los Altos