A Simple Solar Comparison: Milk
What would you say if I told you that you could buy milk at today’s market price for the next 20 years, and then you would receive free milk for 5 years after that? Assuming you don’t plan on taking up a new fad diet that restricts you from drinking milk, you’re almost certainly going to say “Yes!”
The reason being is that it’s common knowledge that the price of milk has gone up over time, and will continue to do so. In fact, the price per gallon of milk has increased by roughly 24% over the last 20 years, according to the Bureau of Labor Statistics.
This means that if this offer were actually available, you’d have a fixed and lower price for milk for the next 20 years. Following that 20-year period, you’ll receive free milk for 5 years. A fixed, low price on a product – and then 5 years of free product.
That’s what’s called a “win-win situation.” But… unfortunately for all of us milk-drinkers, this opportunity isn’t real.
But what if I told you that the same opportunity IS available for your electricity? Over the same 20-year period that milk rose by 24%, electricity prices rose by 46% according to the Bureau of Labor Statistics. Considering electricity is significantly more expensive than milk, and is rising at a greater rate, this opportunity provides even more financial benefits.
The great news is that this opportunity may be available for YOU! If you were to take out a 20-year loan for the price of a solar system that offsets your electricity bill in full, you can accomplish the same thing. And even better news, those 5 years of free electricity are covered by a 25-year manufacturer’s warranty on the solar panels. But, they’re and are expected to last much longer than that.
Disclaimer: all roofs and electricity usage per home differ, so give us a call and we’ll see whether you’re the right candidate for solar.
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