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Joe and Jeff both have 3 bedroom houses and 2 teenagers. Both had $300 electric bills.
Joe would love to have a hot tub but knows how much electricity they use and refuses to get one. Jeff loves his hot tub, especially since he pays nothing to run it. How is this possible? Jeff installed a solar system.
Joe also thinks that solar power is too expensive, but continues to shell out $300 every month to his utility company. What Joe doesn't realize, however, is the annual 6.7% rate increase will increase his total outlay for electrcity in ten years to $50,000. In fifteen years, that figure will run shockingly close to $88,000. In 15 years, Joe will have nothing to show for the thousands of dollars he has paid for his keeping his lights on.
Jeff, who uses more power than Joe (remember the hot tub?), has done his research and understands the financial consequences of 'purchasing vs. not purchasing' his own power generating system. When Jeff considered his options, he decided to buy a solar system that would generate 100% of the electrical power he uses.
Jeff receives a monthly report from his utility company showing how much his solar system is producing as well as how much he is using. It is not a bill, and Jeff pays nothing to his utility company except a small interconnection service fee of $7 or $8 a month. That's it! At the end of each 12-month period, Jeff receives a ‘true-up’ bill that balances his solar power credits against his power usage.
If Jeff borrowed money to purchase his system, that $300 per month he paid his power provider now goes to his loan payment. At the completion of his loan, his electricity is FREE for the rest of his life. If Jeff leased his system, the low monthly payment are also comparable to previous utility bills.
Want to stop worrying about your electric bill?
Stop paying big bucks for power that you can produce with a cost-effective solar power system.
Call us today for a consultation. 530-671-6702