The 2 Home Improvements That Pay For Themselves are Air Conditioning systems and solar systems. Air conditioning system upgrades have a tremendous impact on lowering your power bill and any system 10 years old should be replaced. In many cases, a new central air system can cut power bills in half. Some even save hundreds of dollars a month because their A/C is so inefficient.
Air conditioning is a serious offender when it comes to excessive power bills. If you think your power bill is unusually high, believe it or not an old A/C unit can increase your power bill hundreds dollars a month in the more extreme cases. A lot of people either just don’t believe it or don’t want to make the investment to replace it. A/C is peculiar because many homeowners get high power bills and know it’s their A/C causing it but don’t want to make the investment for a new A/C. They think I’ll deal with it tomorrow and the next thing you know fives years worth of tomorrows goes by.
A More Efficient Home Uses A Smaller Solar System
There are so many factors involved when it comes to the cost of power consumption. The most important to know is you can actually turn your power bill into an investment. Every month home solar pays dividends and those dividends add up as the years roll on.
Without question home solar and new A/C pay for themselves, so these improvements are recommmeded. Although doing these 2 Home improvements that pay for themselves is a great place to start it’s actually best to prepare in additional ways before doing solar. See: Before Installing Solar
Below Is A Preparation Chart Before Going Solar
Many homeowners will meet with a solar company to determine how much solar costs and if it’s good for them. One of the problems that arises out of this scenario is that some actually buy it without any thoughts about an energy preparation plan first.
The reason for an energy preparation plan is to make your home achieve maximum efficiency before buying a solar system. When you get your home to maximum efficiency you will need a smaller solar system which can save thousands of dollars.
|Air Conditioning||Sometimes New AC Units can cut power bills in half if they’re over 10 years old. A noticeable savings at minimum which will pay for the new A/C in time.|
|Roof||Older roofs are not as efficient and it’s Ideal for the roof and solar panels to age simultaneously.|
|Windows and Doors||Caulking Is The Least Costly and Money Saving Thing To Do In A Home|
|LED Lighting||Amazing Energy Saving Technology!|
|Attic Fans and Blown Insulation||Go The Extra Mile for Additional Savings!|
|Ready for Solar||At This Point, Your Home Is Efficient Enough To Determine The Actual Monthly kWh Usage Which should Be Considerably Lower than before The Improvements Started.|
|Solar Equipment||This Is Where Some Expertise Goes A Long Way!|
|Installation||Expert Licensed and Insured Contractor|
|Get Top Quality Equipment of Less||Buy All of Your Equipment Wholesale and Save Big!|
|Use A Solar Consultant||Florida Solar Report Has Given Birth To A Revolutionary Idea About How To Cut The Cost of Solar Dramatically “Your Solar Advocate” Consultant Firm.|
What You Need To Be Aware of When Buying Solar
There are many things to be aware of but I am going to start with don’t act hastily. Know what are you paying for because there are many hidden costs when purchasing solar. A lot people think if they pay cash for a car they get a better deal, they don’t because the car dealer makes money off car loans too. Not so with solar, the specialty finance companies charge closing points for home solar. Those closing costs get passed on to the customer. So just eliminating the closing costs alone means you get a much better deal paying cash.
The Following Is A Chart of All The Potential Costs When Buying Home Solar
Home Solar Costs of a Typical Solar Company
|Add-Ons To Every Solar Proposal||Cost of Add-Ons|
|The Cost of Salesperson||$3000|
|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)||$2500|
|Solar Panels, Inverter, Installation||$15,000|
|Solar Company Profit||$5000|
Federal ITC Is 26% Off The Above Cost for Qualified Buyers
(Many Solar Companies Use Tax Credit as a down-payment 12 to 15 months after the deal is closed)
The reason why solar companies are structured this way is that the solar company doesn’t pay those additional costs, the buyer does.
The solar company doesn’t lay out any of the costs until the finance company funds their account. This is the reason companies can’t break-away from the above business model.
When Prepared Home Solar Is An Awesome Investment
The single reason why home solar is an amazing investment is because the money will be gone forever once you pay the power company every month. Unless somebody has figured out a way to live without power you will pay the power company every month of your life.
Using the payment the power company gets every month for solar pays you dividends every month for the rest of your life.The most important thing is to get the very best quality solar for the least price. What you pay for you solar system will determine the amount of return on investment.
The point is you make your money off solar when you buy it, not only from the production of it. Buy right and make a profit from owning your own power plant using the power companies money.
Without question the The 2 Home Improvements That Pay For Themselves are A/C replacement and home solar. It’s still best to do as many home efficiency improvements as possible before going solar. Have a plan and work the plan and you’ll make money using the power companies money!
Florida Solar Report Has Given Birth To A Whole New Idea?
EIA.GOV Energy Information Administration Statistics & Analysis
Short-Term Energy Outlook
(Tue, 07 Jul 2020) The July Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease (COVID-19) continue to evolve. Reduced economic activity related to the COVID-19 pandemic has caused changes in energy supply and demand patterns in 2020. Uncertainties persist across the U.S. Energy Information Administrationâ€™s (EIA) outlook for all energy sources, including liquid fuels, natural gas, electricity, coal, and renewables. The STEO is based on U.S. macroeconomic forecasts by IHS Markit, which assumes U.S. gross domestic product declined by 6.4% in the first half of 2020 from the same period a year ago before rising from the third quarter of 2020 through 2021.
Wholesale Electricity Market Data
(Thu, 02 Jul 2020) This site contains spreadsheets with wholesale electricity and natural gas data from eight major trading hubs that cover most regions of the United States. The data are through June 30, 2020 and are republished, with permission, from the Intercontinental Exchange (ICE).
Quarterly Coal Distribution Report (QCDR) - First-Quarter 2020
(Wed, 01 Jul 2020) The <em>Quarterly Coal Distribution Report</em> (QCDR) provides detailed U.S. domestic coal distribution data (excluding waste coal and imports) for first-quarter 2020 by coal-origin state, coal-destination state, mode of transportation, and consuming sector. Quarterly coal distribution data for all quarters are preliminary and will be updated in the corresponding <em>Annual Coal Distribution Report</em>.
Petroleum Marketing Monthly
(Wed, 01 Jul 2020) The July 2020 <em>Petroleum Marketing Monthly</em> (PMM), with data through April 2020, presents monthly and annual price and volume statistics covering crude oil and refined petroleum products sales in the United States.
Quarterly Coal Report (QCR) - First-Quarter 2020
(Wed, 01 Jul 2020) U.S. coal production during the first quarter of 2020 totaled 149.1 million short tons (MMst), which was 9.8% lower than the previous quarter and 17% lower than the first quarter of 2019. First-quarter 2020 U.S. coal exports (20 MMst) decreased 2.1% from the fourth-quarter 2019 level and decreased 20.8% from the first-quarter 2019 level. U.S. coal imports in the first quarter of 2020 totaled 1.3 MMst. All data for 2018 and previous years are final. All data for 2019 and 2020 are preliminary.