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Benefits of Solar

Since Akeena Solar provides customized financing as low as 0% down, and up to 50% of your costs are covered by limited-time federal tax credits and local rebates and incentives, there has never been a better time to go solar. Contact us today to receive a free Solar Evaluation.

Solar Power: A Smart Investment with Fast Payback and Enduring Value

The environmental, financial, and lifestyle rewards of a well-designed solar energy system are compelling. In fact, thanks to generous federal tax credits and local rebates and incentives, along with special electricity rates, your solar energy system may be one of the best home or business investments you can make.

Good for the Environment

The sun provides clean, renewable energy with very little environmental impact. When you switch to solar energy for your electricity needs, you greatly reduce your home or business’ carbon footprint, helping combat green house emissions as well as our nation’s dependence on foreign energy.

Good for Your Wallet

Not only does going solar make sense from an environmental perspective, it’s also a wise financial strategy. By going solar, you will greatly reduce or eliminate your monthly electricity bills, as well as protect yourself from never-ending electric and fossil fuel price increases.

A properly designed and installed solar system can pay for itself in as little as 5 to 10 years — and even faster if special electric rates apply. Depending on the size of your system, and on your expectations for increases in the price of electricity, the Net Present Values (NPV) for a typical system are in the range of $3,000 to well over $10,000 for people with high electric bills. Click here to see what size system makes sense for you.

Good for Your Home Value

Because of the tight housing market, today’s homeowners have limited options to increase the values of their home. Installing a solar system is one of the few investments you can make that will not only make your home more attractive to potential buyers, but also immediately increase its actual value.

According to a recent study from the Appraisal Institute, the selling price of homes increases by $20.73 for every $1 decrease in annual electric bills. Using this 20:1 multiplier, a typical 3kW system — costing about $12,000 after incentives and saving about $1,000 in annual energy costs — will increase the value of your home by $20,000. And in California, the installation costs of a solar energy system do not affect the assessed value of your property. The purchase is also exempt from sales tax, making it even more compelling to go solar now. It’s like having cake and eating it, too.

Good for Your Business’ Cash Flow

Business and commercial customers enjoy substantial benefits in return for their solar commitment. The combination of state and Federal solar energy tax credits, and Accelerated Five-Year Depreciation means that solar energy systems can generate immediate substantial positive cash flow, particularly in the first five years of operation.