A power bill is a free investment because the money is being spent every month regardless. So why not invest the money instead of throwing it away? People buy a home because when they’re paying rent, they don’t receive a return on investment. If you rent a home, the landlord gets the return on investment, but if you own it, you get the ROI. The bottom line is Floridians Can Turn Their Power Bill Into a guaranteed Investment.

Paying A Monthly Power Bill Is The Same As Renting Electricity

The same philosophy applies to a power bill as to buying a home when you’re paying rent instead of owning it. At no point with the power company do you own anything, which is the same as paying rent?

It’s now perfectly legal to buy your own power plant because that’s exactly what home solar is. However, you might hear home solar is expensive and that it doesn’t really pay off very well for the size of the investment.

A house is expensive, but it’s a relative value compared to what it would cost to rent. That’s exactly what home solar is, relative to what renting electricity costs, owning it is profitable.

Home solar is very profitable in the long or short term now compared to just two years ago. However, buying a home solar system or buying a house as an investment requires not overpaying to receive a good return on investment.

Solar Companies Have Damaged The Reputation of Home Solar

The biggest reason people have a hard time understanding solar is investment is that other homeowners overpaid for their system. Unfortunate is it may be, many solar companies put people in bad deals because the customers trusted them. This scenario is identical to paying too much for a home; many do not make money from owning a home because they overpaid for the home. That doesn’t stop other people from buying a home because they want an investment instead of rent. They do their homework, buy at the right price and make money in the long haul.

The Key To Any Profitable Investment Is Buying Right

With “Your Solar Advocate,” you don’t need Home Solar Knowledge or Expertise because we do that for you, and it’s a free service. At this time, our target price in 2020 is $2.75 a watt completely installed from A to Z.

When you buy a stock as an investment, there is no guarantee that it’s a good investment. So it’s imperative to pay a low price for the stock and sell it at a high price to call it a profitable investment. Whether it’s a house, a stock, or a solar system, you can make a profit if you buy right!

Here are the raw numbers of what happens if you buy a solar system to make a profit. I am using the production numbers but keep in mind there are additional savings in taxes. Solar electricity production is tax-exempt, unlike the power companies’ electricity.

The Break-Even Point Is When The System Has Been Paid for Using The Power Company’s Money As An Investment ( Tax Credits Lower The Cost of a System by 26% thru 2022 or 22% in 2023)