Search
Close this search box.
Search
Close this search box.

Invest Now in Solar Darwin or Wait Until Later

Solar Darwin

Solar power is one of the best alternatives to the electricity that you use at home and offices. It not just operates all your home appliances with ease, it also helps to lower your monthly electricity bills. There are many homeowners who have decided to go solar and have installed the solar power systems on their roofs. However, there are still many homeowners who are not yet sure whether to switch to solar or still stick around with the electricity that they have been using all these years.

Install Solar Panels on Your Roof at the Right Time

Most of you may wonder how much you can save every month or year if you go solar. Well, the truth is that there are several factors that influence this amount. One of the most obvious variable in this matter is the cost of installing the solar panels on your roof according to Territory Solar Solutions. You will be happy to know that the cost of solar is falling at a steady rate. If you go for the usual 6-kilowatt for your residential usage, it will roughly cost around $17460 before adding rebates and tax credits.

If you assume that these present continue in the future as well, you can easily save around $150 on the cost of the system by delaying the idea of buying the system for almost a year. Naturally, if you wait for two years, this amount can rise up to $300. At the same time it is important for you to remember that each year that you delay is a year less of all the financial benefits you can enjoy from your solar power system.

Increased Cost of Electricity Cut into Your Savings

If you simply prefer to wait to go solar, you are practically stuck with the monthly electricity bills that you have been paying all these years. This can easily become an increasingly expensive proposition for you. According to a recent data, the price of electricity has risen by almost 9% in the last 10 years. And it may easily rise to another 2% or 3% every year depending on the location where you stay.

It is also observed that a typical US home consumes around $1400 worth of electricity every year. If you can easily install a system that can easily fulfil 100% of your electrical requirements, you can easily get rid of electricity costs and save around $1400 ever year. With annual savings you can soon amass a fortune of your own.

Various Financial Incentives Will Reduce With a Rise in the Popularity of Solar

If you decide to install solar power at home, you can get various types of incentives and rebates from the government. These are usually in the form of tax credits, rebates, and various other incentives. These are there to encourage homeowners to go solar and these incentives also get phased out as the popularity of solar rises with time. At present, the federal government is providing a 30% tax credit to homeowners who are opting to go solar.


Subscribe to Our Newsletter

Related Articles

Top Trending

Taylor Swift Travis Kelc Downtime Together
Taylor Swift & Travis Kelce: Inside Their Relaxing Downtime Together
Man splits cocaine into strips and then snorts. Narcotics concept.
Cocaine Vaccine: A New Hope for Addiction Recovery?
Lowest Salary Earners in the World
World's Lowest Salary Countries: Nigeria and Egypt Spotlighted
Most Healthiest Countries in the World
30 Most Healthiest Countries in the World: Why they Are Healthy? [2024 Updated]
Personal Injury Incident
Understanding Your Rights: What To Do After A Personal Injury Incident?

LIFESTYLE

Most Healthiest Countries in the World
30 Most Healthiest Countries in the World: Why they Are Healthy? [2024 Updated]
Tips to Help You Find Confidence
Five Quick Tips to Help You Find Confidence
Top Countries Where Weddings Cost a Fortune
Top Countries Where Weddings Cost a Fortune: A Global Ranking
Why Finland world Happiest Country
Unveiling the Secrets: Why Finland is the World's Happiest Country?
paul giamatti weight loss
The Ultimate Guide to Paul Giamatti's Impressive Weight Loss Journey

Entertainment

Taylor Swift Travis Kelc Downtime Together
Taylor Swift & Travis Kelce: Inside Their Relaxing Downtime Together
Female Pokemon Characters
A Complete List of 30 Top Female Pokemon Characters in the Universe
Disney Plus Hulu Merge Streaming Service
Disney Plus & Hulu Merger: More Than Just a Streaming Bundle
Elden Ring Endings Explained
Elden Ring Endings Explained: A Comprehensive Guide in 2024
meteorite staff elden ring location
Ultimate Guide to Finding the Meteorite Staff Location in Elden Ring

GAMING

Elden Ring Endings Explained
Elden Ring Endings Explained: A Comprehensive Guide in 2024
meteorite staff elden ring location
Ultimate Guide to Finding the Meteorite Staff Location in Elden Ring
isolated divine tower elden ring
How to Solve the Mystery of the Isolated Divine Tower Elden Ring
Casino Books to Keep You Hooked
Casino Books to Keep You Hooked!
AI for Competitive Advantage in iGaming
Leveraging AI for Competitive Advantage in iGaming

BUSINESS

bill gates india global advancement
Bill Gates Highlights India as Crucial to Worldwide Advancement
Rafaela Nonnenmacher Bundchen
Rafaela Nonnenmacher Bündchen: The Youngest of Gisele Bündchen's Siblings
Chiefs Owner Net Worth
Chiefs Owner Net Worth Breakdown in 2024 [Latest Update]
Bitcoin Holding Despite Low Activity
Bitcoin's Standstill: Low On-Chain Activity Yet No Rush to Sell, Says Analyst
Reddit AI User Data Stock Soar
Unlocking Reddit's Success: How AI Data Boosted Its Stock?

TECHNOLOGY

How Many Wheels Are There in the World
How Many Wheels Are There in the World? The Ultimate Investigation
Ideas for QR Codes
Creative Design Ideas for QR Codes
Saudi-Owned Moroccan Plant's $47M Breakdown
Solar Power Setback: Saudi-Owned Moroccan Plant's $47M Breakdown
Building Blocks
Exploring Multichain Future: The New Era of Blockchain Building Blocks
Apple Partners with Baidu for AI Solutions
Apple Partners with Baidu for AI Solutions: Inside the Tech Giant's Move

HEALTH

Man splits cocaine into strips and then snorts. Narcotics concept.
Cocaine Vaccine: A New Hope for Addiction Recovery?
Most Healthiest Countries in the World
30 Most Healthiest Countries in the World: Why they Are Healthy? [2024 Updated]
woman hairdresser in modern beauty salon with hairbrush and client.
Wave Goodbye to Hair Loss: Hair Loss Treatment for Women
Top Vegetarian Destinations
Top Veggie Paradises: Discover the World's Best Vegetarian Destinations
brandon and mary
The Misconceptions Surrounding Brandon and Mary's Health Announcement