How Much Can Solar Save?

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Piggy bank

It’s common  knowledge that solar energy is good for the environment. But is it possible to maximize solar usage not just for the earth, but also for your wallet? As solar energy becomes increasingly affordable, the financial incentives that come along with installing solar panels are just as persuasive as the green incentives.

There’s a reason why almost 645,000 US homes and businesses made the choice to switch to solar energy in 2014 -- it’s because solar panels are a smart investment that save homeowners much more than what it costs to install them. Why waste the environment and your money when the earth is hit with over 8 million quads (1 quad = 1,000,000,000,000,000 BTU) of clean, renewable solar energy every year?

It’s possible to be environmentally responsible while also being responsible with your finances. By installing residential solar panels, you can get the most energy for your home by spending the least amount of money on utility bills. Find out more about the financial benefits of solar energy with this infographic.

Read the full article at JK Mechanical 

Facts and Stats to Share:

  • Most Expensive Solar System

    • According to NREL, a $152,200,000 solar energy system was built in October 2009 in Florida

  • Oldest Solar System

    • NREL dates some of the oldest solar systems in the United States being installed in 1983 in Florida and Idaho

  • The earth is hit with 8.2 million quads of solar energy each year

  • Average payback period on a residential solar installation: 9 years (payback period for commercial solar is significantly less)

  • It costs less than $3.00/W to install a residential solar roof mount

Check out the JK Mechanical blog for more information on the benefits of installing solar energy, geothermal, or a new HVAC system.