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Solar = Money for You

solar panels money investment

I was scanning through my shares on Facebook lately and thinking about what a ‘normal’ (non-cleantech-obsessed) person might get out of them just from scanning the titles (not opening them) —  I like to do this from time to time, since I know a lot more people will simply see the title of the posts than open and read them. While doing this, something crossed my mind — people are basically aware that solar is good for the environment and good for our health, and that solar technology is advancing, and perhaps even that a ton more people are going solar these days, but I bet a lot of people still don’t realize that going solar = money for them.

I’m actually not going to throw numbers into this post, because details of going solar are so dependent on your home or office and the state you live in, but the bottom line that I wanted to bring a little attention to is that outside of all of its other good points, going solar is an investment that earns you money in the long term. It is one of the safest investments you can make, and in some places, it is one of the most lucrative investments you can make.

Of course, you can invest in a solar power system all on your own (and perhaps even get a discount on solar, depending on your location), but you can also lease a solar power system these days in many places. I know there are lovers of the solar leasing system and those who don’t like it, but I think it’s common sense for an individual to look into both options before deciding how they want to go solar.

There’s also PACE financing and solar hosting if you happen to be in an area that is pioneering one of those options — I think they’re my two favorites. The sweet thing about solar hosting is that it allows renters to go solar! And PACE is just plain awesome.

And, of course, for the DIY types, you can always try putting your solar system together yourself.

No matter which route you go, though, the bottom line (one more time) is that going solar is often good for your bank account.

And, of course, that will only make you love a good solar energy spill that much more!

Image: solar panels & money via Shutterstock

 
 
 
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Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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