Can Solar Save Me Money?

Switching your business or home’s energy provider from conventional electric to solar energy may seem daunting. But there are many advantages! By switching to solar, you are generating your own pollution-free, clean electricity – it’s good for the environment. You can make the switch without any lifestyle changes since solar power works just the same as conventional electricity. And you’ll be investing your funds into your own home, not into the utility company’s future.

Sure, all those things feel good. But the question we hear the most from potential customers (and we don’t blame them!) is this: Will switching to solar energy save me money?

You’ll be happy to hear that in nearly every case, the answer is yes. Here’s why.

Your solar payment is fixed.

Since many of our customers choose to finance their system, the loan payment is a fixed monthly payment for the lifetime of the loan. This differs hugely from the continual rate increase you’ll experience with a traditional electric utility. (As an example, PG&E’s rates have been increasing by about 6.5% each year for the past 25 years!) 

Payments are generally less than utility bills.

Once you switch to solar, your electricity bill will shrink drastically. With these savings, most of our customers report that their solar payment is significantly cheaper than what they were previously paying to the electric carrier. In fact, more than 90% of our current customers had a positive cash flow on day one!

You can take advantage of tax credits.

One of the biggest tax credits is the 30% federal tax credit that is due to expire at the end of 2019. There may also be local cities or counties that offer rebates or renewable energy credits that will impact your overall cost.

It’s easy to see why we say: you can’t afford to not go solar!

The video below shows just one example of a customer who saved money by going solar. We break down the math* so you can see how the savings works.

We proudly serve California home and business owners in the Bay Area, Tri-Valley, Stockton Port, Sierra Foothills, and beyond. If you have questions or are ready to make the switch to solar energy, Contact us or fill out the form below and we’ll reach out.

*Solar 12 Estimated payment of $36 is based on loan amount of $6,000 for 12 years at 5.99% APR and tax credit repaid towards principal within 16 months of loan funding.