Thanksgiving and Your Energy Bill

According to the market research firm IRI, the average cost of this year’s Thanksgiving feast will cost 14% more than last year. The Wall Street Journal estimates a 57% increase in the price of turkey compared to its five-year average due to avian flu and inflation increasing. And quantities for some staples such as eggs, potatoes, and cranberries are also in low supply.

The memories that are made around a holiday table are priceless. Yet, what isn’t a good deal is the cost to cook the Thanksgiving meal. This includes the rising cost of electricity.

Go Solar

What if your household could be energy independent, and you could cook your turkey using energy that you produce from your home solar panels? It’s reality for many homes with a home solar panel system. Solar technology is reliable and cost effective, harnessing the power of the sun’s rays to generate clean energy. You can use solar energy for both heating and cooling, powering lights and appliances, and even baking that delicious pumpkin pie.

When it comes to solar energy, installing or upgrading solar panels increases the value of your home. Research indicates that your home value increases for every kilowatt of energy installed. For the typical six kilowatt (kW) solar system installed, it offers 6,000 watts of power. A study by the Lawrence Berkeley National Laboratory yields a formula of a $5,000 resale value for every kilowatt of solar installed. The federal investment tax credit allows you to recover 26% of the cost of your home solar energy installation.

Even if you’re not planning on selling your home, you’ll also gain the advantage of reducing your carbon footprint in the Valley of the Sun and having a reliable source of energy along with lower utility bills. Becoming energy independent is easier than you think. With a wide variety of programs and financing options available, you can turn your dream for lower utility bills into a reality this holiday season.

Happy Thanksgiving

Contact Cool Blew Solar today at 623-234-2836 for your free installation quote. Our professionals will provide you with all the details necessary on costs and savings of a home solar energy system. At Cool Blew Solar, we wish you and your loved ones a happy and healthy Thanksgiving.

FAQ's

Is Solar Energy Expensive?

The size of your panel installation and the needs of your home will affect your costs. The average net cost of a 5.69kW system is $13,838 cash after 30% rebate (according to solar-estimate.org). An average-sized system can cost up to $35,000. Larger installations will require more hardware, planning and construction time. This can further increase costs. While solar panels are expensive, they have many distinct benefits. Cool Blew Electric & Solar’s experts can assess your situation and goals and recommend a cost-effective system to meet your needs.

How Much Can I Save By Installing Solar Panels?

An average-sized system (5 kilowatts) can reduce up to 50% of your monthly electricity bill. A 5.69kW system would offset 100% of your energy usage if your typical monthly bill is $138. Over a period of 20 years, these savings can add up to $30,000, based on your location and energy usage.

How Long Would It Take to Recoup My Solar Investment by Solar Energy Savings?

With a 5.69kW Solar system you would recoup your savings in 7 years and 2 months but with continuous Utility increases every year your Return and Investment will be much sooner.

What is a Solar Lease Program?

The Solar Lease Program has been one the most popular option that homeowners have chosen over the years. Solar Lease programs gives homeowners the opportunity to take advantage and put Solar on their homes and a guaranteed savings from their Utility for little to no money out of pocket. Most Leases are 20 year power guarantee from the solar provider and includes fixed monthly payments, no repair cost, fully insured and warrantied for the life of the system.

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