An Enver solar energy system is great not only for the environment, but also for your pocketbook and bottom line.
Annual returns on our system range from 5% – 30%. This is the financial benefit received each year divided by the amount of initial investment. Your return will depend on a number of factors, such as the system you install, the characteristics of your property, the area where you are located, and the incentives offered by your state and local governments, or other local organizations.
But even a return of 5% – the lower end of the spectrum – is great. Why? Because unlike the returns provided by other types of investments, clean energy systems returns deliver some unbelievable benefits.
Clean energy systems are designed to operate for 20-40 years with minimal new investment or upgrades. They’re relatively low risk investments that consistently reduce or even eliminate your recurring energy cost for the 20-40 years that they are operational.
Other investment options that are capable of offering consistent, relatively safe returns over a 20-40 year period are few and far between.
Historical trends suggest energy prices will rise 5%-10% each and every coming year. So, as energy costs increase your savings increase, and the returns on your investment increase – because you avoid paying higher energy prices every year.
The returns you receive from your clean energy system are savings, not income, so they are not subjected to federal or state income taxes. That means more money goes into your pocket and stays there.
Depending on your tax bracket, your clean energy system will deliver 20-35% more money in your pocket than would a taxable mutual fund investment earning a comparable rate of return.
Thirty percent (30%) of the cost of your investment in a clean energy system can be applied as a tax credit to your income tax bill. So, if your system cost $10,000, you can reduce the amount you owe the IRS by $3,000. Some states also allow a 15% tax credit on state income tax bills, and do not charge sales tax on clean energy equipment.
There may be other tax benefits, as well. Most clean energy systems can be financed with a loan (e.g., home equity or other loans) and the interest on these loans may also be tax deductible. Business owners are also eligible to deduct the depreciation they take on their investment over time.
Like you, property buyers are interested in both lowering the amounts they pay to heat, cool and power their properties, and in reducing their impact on the environment. For this reason, properties equipped with clean energy systems are more attractive to buyers and fetch higher prices.
The premium you as a seller would receive would allow you to recover a significant portion, if not all of your original investment upon the sale of your property.
According to a study by the National Renewable Energy Laboratory, solar homes sell 20% faster & for up to 17% more than equivalent non-solar homes.
We will explain how Enver Solar can help you save money and
use less energy.
We had several solar companies give us a proposal for solar on our home but none of them were as informative as Jon! We felt so comfortable with him and his professionalism there was no question who to go with.- Robert and Julie Harrison
Ron was helpful every step of the way. We were skeptical at first but he made us feel comfortable with his soft spoken way! We are not only excited about saving money with our new system (we got a new furnace and ductwork to go with our solar panels) but we made a friend.- Greg and Sheri Goodman
Wife and I were really taken by surprise when we saw how much we would save on our electric bill by going solar. The whole house fan was a great addition to the system!- Mike and Susan McClintock