We all hear about how a solar system can save you money on your power bill but how much are you really saving and is the outlay worth the return on your investment?
Here's an example...if you paid $6,000 for a good quality system and you saved $1,200 a year on your power bill then that is a 20% return on your investment.
Put this into perspective. These days, you would be lucky to achieve 3% interest on your savings account and many banks are offering Green Loans from 0.99%.
So the answer is YES. Installing a solar system is not just a good investment but a great investment!