|Solar energy should be thought of as not only a green way to consume energy, but also as an investment which hedges against the rising cost of that energy.
Civic Solar analyzes this investment in Solar as an Investment:
To effectively hedge against inflation, you need to lock in rates to eliminate future exposure to price increases. For a very hypothetical example, if you had somehow been able to purchase and store a very large quantity of automobile gas in 2004, you'd be paying less than $2 a gallon not only today, but also for decades to come, assuming, as has been the case, that the increase in gas prices outpaces normal inflation. With every gas price increase, you'd be saving even more money. That's exactly what you're doing with the cost of electricity when you install a solar electric system.
Because installing solar is a fixed cost, savings increase as utility rates rise. There aren't many investments that will offer you increasing returns over time, but that is precisely what solar does. Therefore, solar PV systems actually appreciate in value over time as electric rates and bill savings increase. This advantage alone makes solar a unique profit-earning investment.
Solar Adds Value to Your Home
Friday, May 30, 2014
Solar As a Hedge Against Rising Energy Prices
Posted by Unknown at 09:05