Solar Panels Bring Savings

Most people know that solar panels are not only good for the environment, but are good for people’s finances in the long run. But did you know that installing a solar system for your home can save you money on your energy bill now? No kidding.

Solar panels don’t require a large down payment like a home or car. With Skyline Solar, it costs $0 out of pocket to have solar panels installed. Customers simply pay a flat rate each month to pay back the cost of the panels. For 90% of family households, that rate costs less than a monthly power bill paid to their electricity company for regular (and inefficient) coal power anyway. For example, an average family of four in the US spent about $150 on coal power per month last year. In contrast, the average Skyline Solar customer paid only $130 per month last year for power. It is important to remember, too, that your monthly payment with Skyline is seen as a “loan” and the monthly rate will never increase, while the cost of regular coal power rises at an average of 6% per year.

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On top of these savings, the government is also offering a 30% tax credit on solar until 2020. After that, this incentive will decrease to 26% in 2020, 22% in 2021, and in 2022, it will disappear. It is important for this reason to get these huge savings from the government on your taxes before they go away.

Solar is a smart investment to make now not only for your monthly bill, but for your taxes as well. These monthly savings are there from the start and will only increase with time. Get a free solar quote from Skyline today! You (and your wallet) will thank us later.

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