Home Solar Energy is the Epitome of Less is More
Home solar energy is the epitome of less is more, because a basic solar system offers the greatest return on investment. Home solar is a power plant on your roof that produces power for a much lower cost than the power companies.
Extras such as a solar energy battery backup system will decrease your return on investment. Homeowners who limit their purchase to solar panels, inverters, and installation are getting a superior return on investment.
Step 1. Pay Cash
Solar buyers paying cash get the lowest cost per kilowatt and start seeing dividends the first month it’s powered on. A cash buyer gets the best price for solar because any other buying method has additional fees and, or interest.
The spread for what solar costs compared to what you’ll get in return is in the tens of thousands of dollars. Homeowners cannot lose money paying cash for a home solar system. Paying cash for a home solar system is as sure of a bet as there is, you cannot lose. Paying cash for home solar and the ITC tax credit offers the best return on investment possible.
Step 2. Stick with a Basic Home Solar System
How often does the power go out in Florida? There aren’t statistics that answer this question, so we have to answer it based on our personal experience.
Based on a 50-year history in Florida losing power is almost a given from a direct hit from hurricanes. In a worst-case scenario, you may lose power for a few days from a hurricane, and that’s not very often. Aside from hurricanes, most power outages in Florida are fixed within 2 to 4 hours.
It’s important to understand home solar energy production makes money, guaranteed. Home solar battery backup systems are an awesome feature but cost money. Keeping a solar system as basic as possible offers the greatest return on investment.
Step 3. Solar Energy Has Less Impact on the Environment
Solar energy is clean and renewable. Choosing it over fossil fuels minimizes pollution and contributes to a healthier planet. Many homeowners care deeply about their environmental impact and find solar energy is the solution. A basic home solar system has the least impact on the environment. Any extras involved in going solar do negatively impact the environment. Some homeowners need solar battery backup to prevent medical equipment from shutting down.
Limiting a home solar system to solar panels, and inverters is the best practice for the least environmental impact. Home Solar Energy is the Epitome of Less is More!
This Chart Is When You Pay Full Retail Cost for a Home Solar System
| System Size | Retail Cost | Tax Credit | Net Cost | Production (Monthly Power Bill) | Break-Even Point |
| 7K Solar System | $23,500 | $7,050 | $16,495 | $150 a Month in power | 9.2 Years |
| 9K Solar System | $29,250 | $8,775 | $20,475 | $190 a Month in power | 9.25 Years |
| 11.7K Solar System | $39,000 | $11,700 | $27,300 | $250 a Month in power | 9.20 Years |
Disclaimer: You Must Seek Expert Advice for the ITC Solar Tax Credit Because No Two Homeowners’ Income Taxes are the Same. Consult with a Tax Expert to Determine if You Qualify for the ITC Tax Credit and How Much You Qualify for Per Year.
High-quality solar panels can last 30 years or more, Solar Panels have no moving parts. Regular maintenance contributes to their longevity. Major Manufacturers Warranty Solar Panels for 25 to 30 years.
This Chart Is Your Solar Advocate Cost for a Home Solar System
| System Size | Wholesale Cost | Tax Credits | Net Cost | Production (Monthly Power Bill) | Break-Even Point |
| 7K Solar System | $19,250 | $5,775 | $13,475 | $150 a Month in power | 7.5 Years |
| 9K Solar System | $24,750 | $7,425 | $17,325 | $190 a Month in power | 7.6 Years |
| 11.7K Solar System | $32,175 | $8,365 | $23,810 | $250 a Month in power | 7.9 Years |
A Typical Solar Company's Proposal
| Add-Ons To Every Solar Proposal | Cost of Add-Ons |
| The Cost of Salesperson | $2500 |
| Sales Manager | $1000 |
| Proposal Builders and Permitting Department | $1000 |
| Overhead: Rent, Auto Insurance, Vehicles, and Utilities | $1000 |
| Cost of Leads and Marketing | $1000 |
| Points for Low-Interest 20-Year Loan Terms (Frequently Hidden Cost) | |
| Solar Panels, Inverter, Installation | $17,000 |
| Solar Company Profit | |
| $3.25 a Watt or Lower for a 7K Home Solar System Total | $23,500 |
Disclaimer: You Must Seek Expert Advice for the ITC Solar Tax Credit Because No Two Homeowners’ Income Taxes are the Same. Consult with a Tax Expert to Determine if You Qualify for the ITC Tax Credit and How Much You Qualify for Per Year.
Your Solar Advocate Cost Savings
| Add-Ons To Every Solar Proposal | Cost of Add-Ons |
| The Cost of a Salesperson | $500 |
| Sales Manager | |
| Proposal Builders and Permitting Department | $1000 |
| Overhead: Rent, Auto Insurance, Vehicles, and Utilities | $750 |
| Cost of Leads and Marketing | |
| Points for Low-Interest 20-Year Loan Terms (Frequently Hidden Cost) | |
| Solar Panels, Inverter, Installation | $17,000 |
| Solar Company Profit | |
| Your Solar Advocate Target Price $2.75 a Watt or Lower for a 7K Home Solar System | $19,250 Tax Credit – $5,775 The net Cost Is $13,475 |
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