If you’re like me, you’re sick of personal finance experts advising you to give up lattes and avocado toast in a quest to build wealth. But I’ve just discovered an opportunity that allows you to save money without getting rid of anything. The best part? This opportunity is also good for the environment at the same time.
My big discovery? Solar panels. Installing solar panels on your house can be a huge cost-saver for decades to come. If you have high energy bills or you live in a state with high energy prices, putting in solar panels could result in paying hundreds of dollars less per year. In a recent article, the International Energy Agency found that solar is now the cheapest energy source in history.
Many states offer special incentives and tax rebates for homeowners who install solar panels. This minimizes the cost and makes it more affordable for homeowners. Plus, many solar companies have payment plans that spread out the payments over several years. Making solar more affordable than ever and putting solar panels within financial reach for millions of people.
Click here to read my eBook: Can Going Solar Help You Achieve Your Financial Goals?
In this guide, I cover the following essential financial concepts:
- Solar Calculator
- Net Metering
- Federal Rebates
- State & Local Incentives
- The Payback Period
- Internal Rate of Return (IRR)
- Home Equity
- Long-Term PV Efficiency
I’ve also included a case study from one of my followers detailing her experience with solar. I hope you’ll check it out!