The price of solar panels have dropped by approximately 50% since 2010.
Tax credits, incentives, and utility company rebates further reduce cost and increases savings.
Lock in future energy costs for years to come, and avoid future utility rate increases.
Solar Energy System for My Home
In a nutshell, today’s solar panels contain photovoltaic cells. These are special silicon wafers which harness sunlight and transform it into energy. That energy is sent to an inverter, which converts it into electricity to power the home.
How Does Solar Power Save Me Money?
Energy is a commodity. It is bought and sold. Harnessing sunlight and turning it into energy is essentially money falling from the sky.
It used to be prohibitively expensive to get solar for your home. So much so that it took years to see a return on your investment. With much more efficient and less costly systems, like those engineered and manufactured by SolarMax, this is no longer the case. In fact, a solar panel system for your home can start saving you money the very first month.
It is even possible to generate more power than you use and have the utility company pay you!
When to Lease Vs. When to Buy?
Solar leases have become an increasingly popular option as a way to have the lowest monthly payment. However, system ownership not only comes with tax advantages, but it will also likely increase the resale value of your home, as the new buyers will be able to save energy without the hassle of installation.
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