Solar  >  Return on Investment

Return on Investment

Installing a solar energy system on your home or business is an investment, but don't let the high price deter you from making a positive contribution to your future. Typically the return on investment on a solar system is higher than any interest rate you can receive at a bank. If you currently spend an average of $200 per month on your electric bill or $2,400 per year, then in 10 years with an inflation rate of 6.7% you will be paying approximately $4,300 for that year and you will have spent approximately $30,100 in the past 10 years. These outrages numbers can significantly be reduced or eliminated with a photovoltaic solar system. A 5 kilo watt system typically costs between $25,000 and $30,000, but will last up to 40 years and is guaranteed to work for 25 years. And if you pay taxes, like most of us do, take an additional 30% off. Ask our analysts at Security Electric to perform a free site analysis to see how we can help you achieve your goal in become more energy efficient.

Please call 239-433-0939 or email us for a FREE Site Analysis.