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Today I have Rick Davis with Revolve Solar here to talk about the fast-growing market for solar energy in California and how investing in it could add value to your home.
Rick Davis is the Chief Strategy Officer and EVP of Business development at Revolve Solar, and he's going to answer some common questions that we get from clients about solar.
There has been quite a rush lately to install solar panels because tax credits offered for getting panels are set to expire soon. While there is no set amount of money that you'll be able to save, Revolve Solar tries their best to analyze your situation in order to have you be cash flow positive immediately.
You can make money off of installing panels by selling it back to the power grid. Essentially, if you use less energy than you're creating, you'll be able to sell it back to the solar company that you're using.California is a state that's especially good for homeowners that are using solar energy because of the net metering policies that exist. It's common to produce more energy than you need, and you'll be credited for extra energy that you produce.
A solar panel purchase is a very good addition to your home. Essentially, you will not be paying energy bills anymore, and solar panels almost always add value to your home. Just think of it this way: if you were buying a home, would you want one with or without solar panels? The answer is pretty easy.
However, it's not financially feasible to put solar panels on every home. Sometimes a roof will not get enough sunlight, or perhaps the offset of energy costs will not be enough to make the investment.
Revolve Solar can come out and assess whether or not getting solar panels would benefit you. If you would like to learn more, you can visit www.revolvesolar.com to schedule a free consultation. You'll need to provide some data about your utilities, and then someone can come out and speak to you regarding the feasibility of getting solar power on your home.
If you have any further questions, please don't hesitate to contact me!
