You will protect your self from rising energy costs in the future. Over the past decade the cost of electricity from the power company has increased 3% year after year. You can produce electricity from your solar panels cheaper than what you can buy from the grid. Once your system is paid for you are then creating electricity at virtually no cost. Also, people are noticing that the return on investment is often times better than putting your money into retirement funds or CDs.

Yes, there is currently a government tax credit called the Investment Tax Credit. It is 30% of installation costs for residential and commercial applications. This credit can be spread out over multiple years tax returns. For example if you spend $15,000 on a solar panel system you would get a tax credit of $4,500. Thus making your investment cost $10,500. This tax credit is in effect until 2019 when it drops down to 26% in 2020 and then 22% in 2022. If you own a business (or farm) in West Virginia there is also a government grant that covers up to 25% of the installation costs. So in essence you could get 55% of your investment covered for a business installation.

Your property value will likely increase with solar panels. The solar premium is how much more your home will be worth with a solar panel system as opposed to without one. Here’s an example: if your home has a 3.6 kilowatt (kW) solar system (the national average) on its roof, this means you have 3,600 watts of solar power (1kW = 1,000W). Each watt of solar you have will add approximately $4 to your home’s value. This means that, thanks to your 3.6kW solar system, your home should sell for about ($4 x 3,600W =) $14,400 more. The new owner will immediately reap the benefits of the system (i.e. no electric bill) and your investment of installing the system will be recouped upon closing.

Each installation has many variables that will change the overall cost of the system. The basic variables are hours of available sun light, available space for the system, grid-tied system vs off-grid system, desire for battery backup, and monthly electrical usage, among others.

Most solar panel owners payback period is around 10 years. After this break even point they have free electricity for the life of the system.

This is not a problem. We can design a ground mount panel system and run the electricity to your house just as if the panels were on your roof.

It all depends on the overall cost of your system and how much you are currently paying the power company. Our goal is to eliminate your monthly payment to the power company so you can start saving money and investing your money the way you want to.