
Financing
Solar energy offers significant advantages for both energy efficiency and cost savings compared to traditional heating systems like furnaces. Here’s how:
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Lower Operating Costs: The average cost to heat and cool a home is about $1,750 per year. Over 20 years, this totals $35,000 just for heating and cooling. In contrast, once a solar system is installed, the ongoing energy costs are significantly reduced, often leading to lower or even zero utility bills.
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Avoid High Initial Costs: Traditional furnaces can cost between $10,000 and $12,000. With financing at 14% interest, the long-term cost can exceed double the initial price, resulting in more than $50,000 spent over the life of the system. Solar systems can also be financed, but many incentives and rebates can reduce initial costs, making solar more affordable.
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Long-Term Investment: Solar panels typically have a lifespan of 25 years or more, providing reliable energy without the escalating costs associated with traditional systems. This stability protects homeowners from future increases in energy prices.
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Energy Independence: By generating your own electricity, you reduce reliance on fossil fuels and utility companies, enhancing energy security and insulating yourself from market fluctuations.
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Environmental Benefits: Solar energy is clean and renewable, reducing your carbon footprint and contributing to a more sustainable future