It seems that lately everyone’s been hearing about the environmental benefits of going green and embracing natural energy tools like solar cells, but no one is mentioning the numerous economic benefits which you get out of it, as well. This point is certainly not lost on me, however, considering the difficult economic times that we’re currently in.
One of the best things about solar cells is that these days, you can build your own fully functioning, money saving and making cells to power your home and you can easily do it on a budget and likely with a number of materials you already have lying around your home. In fact there are a number of DIY guides these days devoted to walking everyday people through how to put these tools together themselves. Anyways, getting back to it, here are 5 fantastic ways in which you can make money from the energy solar cells create.
Tax Breaks – First off, the government is very generous to those who live off the energy solar cells create. This manifests in the form of tax breaks, and with the Obama administration in place we’ll likely see more benefits come in recent months and years given their emphasis on natural energy solutions. The entire country is slowly moving in that direction, so why wait and hold off on what you could enjoying today?
Utility Costs – Considering that the average American household spends something like $200 each month to power their homes alone, you start to realize how much money you could be saving by using the energy solar cells create. That’s roughly $2500 each year saved!
Sell It Back – The power company will actually buy any power which you produce in a given month but don’t consume from you, the government pays them back to do this. In fact, many homeowners will construct multiple cells and make it their business to produce a great deal of energy solar cells create to bring in themselves an attractive second income. Homeowners with a great deal of extra land to devote to it can make enough energy to live off of essentially to just give you an idea of how lucrative natural energy is these days.
Sell your cells – As I mentioned, there are a number of DIY guides which detail how to build your own cells. To have these same cells professionally constructed and installed it would cost roughly $3000. This is proof that people are willing to pay top dollar for this technology so you could make a great deal of money easily putting extra cells together and selling them to others who are interested in saving money as you are, as well.
Home Value – Finally, the value of your home will significantly rise if you have energy producing solar cells. Other homeowners are interested again in saving money just as you are, so if your home runs on the energy solar cells produce, you’ve considerably added to the value of your home when it comes time to sell, so keep that in mind.