A decade ago, solar energy was the province of those who could afford the installation costs – but installation and component costs have fallen - and now California is saying that solar energy is the solution which will provide savings for low-income households. Does this also apply to solar energy in Texas? Interestingly, instead of advocating grid-tied systems, a study by the California Housing Partnership Center for Sustainable Energy says that photovoltaic cells (PV cells) combined with battery storage systems offer the cost savings that lower income family units and multiple family housing developments need. Solar is no longer a status symbol Solar energy is no longer a luxury. For many lower income families, it’s a staple. But just because your net worth may be pretty good, doesn’t mean you shouldn’t consider savings in any form you can find them. After all “A penny saved is a penny earned”, and whether you are comparatively well heeled or struggling to get by, any cost saving represents an increase in your disposable income. So although there’s still a certain ‘green’ status attached to having a solar energy system in your home or business, it also makes sound financial sense. Regretfully, this means that if you’re looking for a reputation for being quixotic, solar energy won’t work for you. It’s a matter of practicality, and jousting with windmills doesn’t come into it. California’s study applies to solar energy in Texas The California study produces several key findings that would be applicable to almost any state in the US, and particularly to sunny Texas. Solar power in Texas could:
- All but eliminate any electricity bills
- A battery storage system would reduce electricity costs by 85% at only 29% increase in cost.
- The time needed for a solar system to pay for itself was reduced by three years when a storage system was included in the package.
Researchers say that their findings are ‘conservative’ and are based on data from actual buildings rather than any theoretical modelling. The study found that a solar system combined with battery storage would result in 99% energy cost savings – a greater value than that which could otherwise be achieved. Multi-family housing developments could produce the biggest savings With large developments fuelling their rental units with solar power, costs could be reduced by 100% according to the California study. Since Texas enjoys plentiful sunshine, building owners could increase their revenues by saving on communal electricity costs that they would otherwise have to cover themselves. What about your business? Although the California study did not consider the impact of solar energy on business, it’s pretty obvious that the effect would be similar. Solar energy in Texas could add extra dollars to a company’s bottom line. Reduced costs mean increased profits. It’s a simple premise that most anyone would understand. Now if only someone would crunch the numbers for you… It’s worth knowing that any solar energy company worth its salt would do the number crunching on your behalf. So why not go ahead and ask them to? It’s not like you’re making any commitment just yet. Your home, your building, your business Whether you’re just keeping your head above water or don’t have any financial cares, greater savings translate into money you can spend elsewhere. Solar energy in Texas is not just ready to take off – it’s snowballing. The reason? Nobody’s saying ‘no’ to those savings, and independent studies such as the one in California are just confirming what we already know: Solar energy is money in your pocket. Easy financing plans Solar energy in Texas, or anywhere else for that matter, requires an initial outlay that many lower income households may balk at, but help is it at hand. 1SolarSolution lives up to its name. We’ll help you to secure the necessary financing, and the best part about that is that your repayments will very likely be less than your electricity bill used to be. This mightn’t be a concern for you if you’re already doing pretty well financially, but it just goes to show that solar energy is not just a great way to make a green statement. Instead, it’s a practical solution that’s affordable across the board. Talk to us about solar energy in Texas With us, advice and a cost-benefit analysis comes completely free. Once you know whether solar energy is right for you and have all the facts at your disposal, you can make an informed decision. Whether you’re living the high life or just getting by, solar energy in Texas will not only help the environment, but has a good chance of making your personal finances stronger than they were before. Contact us today. You have nothing to lose and everything to gain: (O) 1(855) 60-1SOLAR (601-7652) (F) 1(855) 687-7443