Money-smart reasons to install solar panels at your home now

Yorio

I am always asked, is now the right time to install solar energy on my home? Should I wait, solar energy is coming down or is the technology going to get better next year? Believe me now is the time to have solar energy placed on your home. With the price of oil going up again, the instability of the utility, living on an island that relies 100 percent on fossil fuel to generate electricity, now could not be a better time to get solar.

Not only can you hedge your energy costs for the next 25 years with an ever increasing and volatile price of oil but you can also take advantage of an industry now that is warrantying their major products for 20 plus years. In the solar energy industry now solar energy modules are warranted for 25 plus years, solar energy inverters 20 years and the racking systems that can withstand over 200 miles an hour wind for 20 years, the solar energy industry has come a long way in a very short time. Prices have also dropped considerably in the last five years whereas solar energy was over $5 a watt to install to now sub $3 a watt.

The solar energy industry also has a lot of programs to acquire solar energy, if you have a tax liability at the end of the year you can take advantage of the direct purchase program where you can offset you taxes by 30 percent dollar for dollar on the contractual cost of the system, you can also get on a program that is called the CNMI Solar for All Power Purchase Agreement Program, where we offer solar energy at zero cost in which we design, procure, install maintain, and insure the system for the whole life of the contract which is 25 years, that’s 25 years of hassle-free energy at a lower cost than you would be paying the utility with a free maintenance program for the whole length of the contract that will keep your system in 100 percent optimal condition the whole time. Since under this contract the maintenance is free the only thing you need to do is sit back and enjoy cheaper power.

There are also programs now that offer battery backup storage systems with your solar energy systems, with the typhoon season coming this will be a great program to be on, when the utility shuts down during and after one of these frightening storms you will still have power indefinitely. No need for a generator, no worrying about running out, or where am I going to get fuel at. These systems are also warranted for the whole 25 years of the life of the contract.

So now is the time to get on the solar energy bandwagon, one thing I know for sure the sun will come up tomorrow and is the shining star we need to control our energy future.