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Electricity rates historically rise between 4 and 7 percent annually1—and your electricity rates could double in ten years.
The sun, however, never sends you a bill. That means ten years from now, the solar energy you are collecting at your own home will still be free, while the cost of electricity from your utility will have most likely doubled in price.
The amount of money saved with a solar installation varies based on your electricity usage, the cost of electricity in your area, and the solar resource available to you.
Use our calculator to estimate your potential savings »
In addition, you can take advantage of federal and state incentives to help offset the initial investment, greatly lowering the out of pocket cost of a solar PV system for your home. Federal incentives offset 30% of the system costs.
Find out more about rebates in your area »
And don’t forget that a solar installation can boost the resale value of your home by up to 20 times the annual energy savings from the system2. This means an added bonus to differentiate your home in any kind of real estate market.
SolarWorld’s Sunmodule® brand solar panels come with a 25-year warranty, and are made entirely in the USA from American materials and components, promoting local economies and true energy independence.
Our experts can help you determine whether solar is right for your home or business.
1. Energy Information Administration eia.gov
2. The Appraiser Journal, February 1998
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