Times are tough, and so much is uncertain. Solar energy can help you gain some of that certainty back, as well as help you save on energy costs too. In fact, you can go solar today for $0 down, and be cash positive day one.
Electricity Rates are Rising, And They Aren’t Going to Stop Any Time Soon...
It’s no secret that electricity rates have been rising; a quick look at your home’s utility bills could tell you that. What’s even more frightening is just how MUCH electricity rates are expected to rise. According to a study done by US Energy Information Administration the average homeowner will pay nearly $44,000 in electricity bills over the next 25 years. That's hard earned money that could go towards a child's education, a new car, upgrades or improvements to your home, or even the dream vacation you have always wanted.
Unfortunately, most homeowners will see this $44,000 expenditure as necessary, but it doesn’t have to be. Going solar can help homeowners save that $44,000, so it can be spent on what they want instead of an over-priced energy bill.
When you install solar panels, you are installing a mini-power plant that will power your home for 25 years or more. That means you won’t have to pay the power company that $44,000, and you won’t be subjected to any rate increases again. Any homeowner who installs solar panels this year will also receive a 26% Federal Tax Credit, as well as any local incentives and SREC programs available in your state/locality. As it stands right now, you can go solar for $0 out-of-pocket, be cash positive in year one, the cost of your system be less than what you save on your power bills, and the average system produces over $20,000 in profit over 25 years (outperforming the S&P 500 in 46 States). Furthermore, you will be able to control your power and decide how much is used.
This may not seem like the best time to invest in something large, but it is truly the best time to gain control of your power and eliminate your energy costs. You’re stuck at home, which means you most likely are using more energy than you normally do. This will only further increase your utility bill, whereas with solar you wouldn’t need to worry about that! To get you started American Sentry Solar will match the $1,000 Maryland State Grant towards your solar project to further help lower the costs, as well as find financing options that make solar more affordable than your standard energy costs. In light of recent events we have also made our process completely digital, from consultation to paperwork, and our installation crews will practice social distancing protocols to keep your family safe.
If you are interested in saving with solar, schedule your Digital Solar Analysis today. Our team is ready to assist you with any questions or concerns that you may have, and we would be more than happy to help you save!