Turn a Profit by Investing in Solar Panels

solar panelsAdvancements in photovoltaic cells, which convert sunlight directly into electricity, have greatly decreased the once prohibitive cost of solar panels. Additionally, historic highs for the costs of energy that are likely to continue to ascend suggest that an investment in solar panels for your home may provide you with healthy returns.

One company that is lowering the barrier of entry into owning solar panels is SolarCity Inc. in California. They offer a 15-year lease for solar panels that includes installation, free repairs and free removal at the end of the lease. They also guarantee that you receive the power production promised, which they can monitor remotely, according to the Wall Street Journal. The company has plans to expand to Oregon and eventually the East coast.

Even in cloudy regions like Seattle or New York, there is still a good opportunity in solar power. Solar panels work surprisingly well in less than sunny conditions. Findsolar.com gives Seattle and New York a good rating for sun power availability. Germany produced over half the world’s solar energy in 2006 despite having half as many sunny days as Portugal, according to the Washington Post.

Leasing a 16-panel system for $85 per month would generate 3.2 kilowatts of electricity and reduce a $200 electric bill to an estimated $75, according to SolarCity’s site. Therefore, solar panel lessees would save an estimated $40 per month in the first month. However, payments increase 3.5% each year, so the electric rates would have to increase at this rate or higher to maintain this savings. Another disadvantage is that at the end of the lease you do not own the system and would either have to buy it, upgrade or have it removed. A more sensible option may be to secure financing a system with a solar panel retailer.

If energy prices continue to rise, you can turn a good profit by producing your own electricity and even possibly selling it back to the energy company. Some states, such as California, offer tax incentives to offset some of the initial cost for the system. Washington state will buy solar generation at 15 cents per kWh until 2014. The flip side is that technology will likely advance considerably over the next decade and you may be stuck with an obsolete model that is much less efficient than future models. The current solar technology only captures a small portion of the sun’s energy and billions of dollars are being invested into research and development to produce more efficient solar cells. The improvement in this technology could follow a similar path as computers, in which efficiency could double every two years and result in your system being as worthless in 15 years as a 1993 computer is today.

Labels: , , ,

Subscribe to NuWire's free weekly investment newsletter:
  
Your information will not be shared

42 comments:

July 24, 2008 at 12:23 AM Alex said...

Turn a profit by investing in Green energy sounds a simple task.
We are making natural looking trees that are fitted with leaves made from a combination of nano materials. These leaves convert solar radiation (light & heat) and wind energy into electricity. All this in one system, in one beautiful tree or plant. This idea generates more energy than conventional solar panels and is competitive with wind turbines, our trees and plants are in tune with nature, can be placed anywhere with virtually no obstructions, provides shade, cooling the air, protecting young crops from wind damage, provides wind break, can be placed in cities and help to prevent heat islands. All this with trees and plants and much more. It is a responsible use of land and our eco systems.
But investors for this project are hard to find.
Although the business as a huge market, and is very profitable, we are unable to get big investments. The small investor yes, no problem, but it does not get our product quickly to the market.
any suggestions?
Natural looking trees and plants, giving you and me all the energy we need in a responsible and real green way.Electricity at 0,3/0,2 per Kwh
more info at: solarbotanic@apollo.lv
Alex van der Beek

July 24, 2008 at 8:31 AM Charles Sipe said...

That sounds like a great idea. I think it would take government to take a leadership role in large scale conversion to renewable energy. My feeling is that they will provide better incentives for companies to use solar energy in the future. Both Obama and McCain seem pretty good about the environment. And Al Gore just called for our country to convert 100% of electricity usage to renewable energy in ten years. So don't give up! "It is always darkest before the dawn".

July 24, 2008 8:29 AM

July 27, 2013 at 11:47 PM David said...

True Value Solar is Australia's largest solar specialist, committed in providing high quality solar power systems at a low cost.

September 4, 2014 at 6:16 AM albina N muro said...

Advancements in photovoltaic cells, which convert sunlight directly into electricity, have greatly decreased the once prohibitive cost of solar panels. solar panel reviews

June 28, 2016 at 1:59 AM nairy uness said...

great article tnx man i love this and i hop to visite my cooking game blog's العاب طبخ tnx trtze

August 20, 2016 at 6:01 AM Pritam Pyare said...


August 25, 2016 at 2:51 AM Anurag 77 said...

Thanks for this info. Keep up the neat work. I'll be returning often thanks for sharing...
leaked Bigg Boss 10 Contestants
Watch Bigg Boss 10
Bigg Boss 10 News
Who Will Winn Bigg Boss 10
Bigg Boss Season 10 Trailer

October 25, 2016 at 12:44 AM rajeevguesskaro said...


November 16, 2016 at 4:06 AM Kavita Chatterjee said...


Thanks for sharing such a very fantasting post... for every readers....
General Physician in Indirapuram
pet classified website

November 18, 2016 at 3:22 AM Term paper said...

solar panels is a good way to protecting the oil. the people and in business field also taking the good opportunity of solar power.best thesis writing service the best reviews about this new idea.

December 11, 2016 at 3:15 AM Unknown said...




http://happynewyear2015i.com

http://happynewyear2017imagespics.com
http://byebye2016welcome2017images.com
http://merrychristmas2016greetingsimages.com
http://wwesurvivorseries2016resultsi.com
http://appleiphone8releasedate.com
http://samsunggalaxys8s9.com

http://thanksgivingimages2016pics.com
http://happyveteransday2016pictures.com
http://ipl2017scheduletimetable.com
http://eidmubarak2016imagessms.com
http://sultandangalboxofficecollection.com

http://2017happyvalentinesdayquotes.com
http://happyvalentinesday2017cardsimages.com
http://happyeaster2017imageswishes.com
http://iphone8samsunggalaxys8.com
http://cbse10th12thresult2017.in
http://isscresult2017.in

http://igate2017result.in
http://fastandfurious8wolverine3review.com
http://happy2016wishesimages2017.net


http://2017wwewrestlemania33results.org
http://wweroyalrumble2017results.org
http://happynewyear2017valentinesday.com
http://2017happynewyearwishesimages.org
http://chinesenewyear2017wishesgreetings.com
http://birthdaywishesforsisterson.com
http://lovebreakupmovingonquotes.com
http://wwewrestlemania31results.com

http://gatessciascoachingindelhi.in
http://howtogetridofacnescarsnaturally.org
http://valentinesdayforhimher.org

December 12, 2016 at 3:33 AM Akshay said...

great post really appreciably work Your site is truly cool and this is an incredible rousing article.
new year wishes
Romantic I Love YOU Quotes
propose day messages
happy rose day 2017
chocolate day sms
hug day sms
kiss day

December 28, 2016 at 3:31 AM Ramadan Mubarak said...


January 18, 2018 at 2:57 AM Bahareh Sarmast said...

بیل گیتس: هر فردی به یک کوچ (مربی) نیاز دارد. همه ما به افرادی نیاز داریم تا به ما بازخورد بدهند تا ما عملکردمان را بهبود ببخشیم. یکی از بنیانگذاران شرکت های بزرگ در دنیا در خاطرات خود درباره کوچینگ می گوید: زمانی که در حال ساخت اولین شرکتم بودم، متوجه شدم که بزرگترین محدودیت در رشد شرکتم، رشد شخصی من به عنوان پایهگذار و مدیرعامل است. بنابراین یک کوچ استخدام کردم. طی ماهها، ده کوچ مرا برای برنامه های توسعه استراتژیک، حیات بخشیدن به ارزشهای شرکت، کار از طریق موقعیتهای بین فردی پراسترس یاری کردند و من در بسیار قاطع تر و مصممتر شدم که ارزشش برای من غیرقابل وصف است

کوچینگ رشته ی جدید علمی نیست که به یکباره و به طور ناگهانی بوجود آمده باشد، کوچینگ احتمالا باید به اندازه برگزاری اولین مسابقه تیراندازی در عصر حجر قدمت داشته باشد. با این حال در دهه اخیر بوده است که واقعا می توان مفهوم کوچینگ را در زمینه تجارت و کسب و کار و خارج از محیط ورزشی دید. کوچینگ همیشه بخش طبیعی از زندگی هر فردی و در هرجایی بوده است، زمانی که میلیون ها پدر و مادر در هرجایی از دنیا فرزندان خود را بی قید و شرط دوست دارند و نیازهای آنان را به طور کامل برآورده می کنند و حمایت همه جانبه ای از آن ها دارند تا رشد کنند و یا وقتی صدها هزار نفر از رهبران بزرگ و موفق می دانند که چگونه کارمندان خود را رشد دهند، آن هم نه با اعمال زور و قدرت، بلکه با باور کردن آن ها، به چالش کشاندنشان، حمایت از آن ها و دادن بازخوردهای مثبت و منقی در واقع از کوچینگ استفاده می کنند. کوچینگ فرآیندی است مشارکتی که طی آن کوچی با همراهی کوچ مسیر رسیدن به خواستهها و اهداف (تغییرات مثبت در زندگی) را طی میکند. کوچینگ از جنس هم;آفرینی (Co-creation) است یعنی کوچ و کوچی با هم همکاری میکنند تا چیزی ارزشمند (نتیجه گرفتن کوچی) را بیافرینند.

February 28, 2018 at 9:39 AM Lily Oliver said...

Useful websites: download videos from everywhere instagram video downloader. Free online games happy wheels.

March 1, 2018 at 6:28 PM Veronica Merrell said...

I really appreciate this wonderful post that you have provided for us. I assure this would be beneficial for most of the people.
five nights at freddy's google maps street view

March 30, 2018 at 8:22 PM Unknown said...

Your style is very unique in comparison to other folks I have read stuff from. Thanks for posting when you've got the opportunity, Guess I will just book mark this blog.
Can someone tell me "is facetime free"? And How to download it facetime for windows. I know its available on facetime for iphone, But I want use it on my pc.

August 27, 2018 at 5:27 AM Richard Majece said...

It was quite difficult for me to do my math homework in college. So now I can recommend it to students.

August 31, 2018 at 2:13 AM Nikki Heysen said...

Gold Coast essay writers at StudentsAssignmentHelp.com is working to give you all your work is finishing well within the given deadline. We continue working to give cheap essay writing help to all our customers and cover a wide range of academic help for them.



October 22, 2018 at 11:51 AM Johnn said...

mykohlscharge Both the prepaid as well as credit cards have now become an inevitable need of our day to day life. They are successful in solving our financial crisis up to an extent. The kohls credit card login is a common platform for supporting the credit card industry for an extended period and has added a long list of contended clientele already. kohlscreditcard-login.us

kohls credit card

November 4, 2018 at 9:48 PM Unknown said...

Get some excellence in your programming coursework with our team. It is not your concern how to represent programming work before subject teacher. Leave such worries on our team as they know the basic criterion to make the compelling content which really works. Why do you sit idle and take the Programming help team to lessen the coursework burden

November 26, 2018 at 12:24 AM Unknown said...

Really i appreciate the effort you made to share the knowledge.This is really a great stuff for sharing. Keep it up.For Assignment Help visit our site.

November 30, 2018 at 3:46 AM Keira Tayor said...

Get the best essay help services to boost grades in your academics. Hire the best essay helper from top universities in Australia.

November 30, 2018 at 3:49 AM Students Assignment Help said...

Students Assignment Help is the most trusted assignment help company providing assignment assistance help to the students. Our experts handle complicated assignments outstandingly. Hire our authors now, email us at info@studentsassignmenthelp.com or WhatsApp: +44-7555-369-184.

December 1, 2018 at 1:54 AM Singapore Assignment Help said...

Remove your burden of homework writing and enjoy your college life because, our homework helper are more proficient to provide support of homework writing in a best way so, students can get assignment help with fun and score high in college by submitting assignment on given time.

December 2, 2018 at 12:02 PM Alishia Sergi said...

Would like to give congratulations to Michael for having a new directorial position.
anniversary wishes for husband on facebook

December 5, 2018 at 1:21 AM edu birdie said...

Thanks for the best blog.it was very useful for me.keep sharing such ideas in the future as well. Thanks for giving me the useful information. visit excel assignment help

December 6, 2018 at 4:00 AM Nikki Heysen said...

AustraliaAssignmentHelp.com is the best assignment writing services in Australia that continue giving excellent Make My Assignment services to the students. Our experts can help you to complete any kind of academic writing perfectly such as essays, dissertation, case study, coursework, research paper, etc.

December 7, 2018 at 9:18 AM armagedon said...

می شود گفت که روش های درمان بواسیر در کمترین زمان کم نیستند مزایای درمان بواسیر با لیزر در مقایسه با سایر روش های درمان بواسیر زیاد است، این مزایا در آسانی این روش، انجام در وقت کم و استفاده نکردن از مواد بیهوشی سایر روشها، استفاده از لیزر برای برش خلاصه می شود.علت بواسیر چیست؟ بواسیر یا همان هموروئید در پایین ترین ناحیه راست روده و انسداد رگ ها ظاهر شده و باعث متورم شدن آن ناحیه می شود.راه های یافتن بهترین دکتر بواسیر, پزشک بواسیر, متخصص بواسیر یا هموروئید با رشد روزافزون فضای مجازی کاری سخت نیست. شما می توانید به بهترین مرکز درمان بواسیر مراجعه کنید.

December 7, 2018 at 9:18 AM armagedon said...

وکلای خانواده موسسه پلاک دادیار  دپارتمان طلاق توافقی و تفاهمی با سال ها تجربه در زمینه حقوق خانواده و طلاق توافقی و پرونده های ناشی از زوجیت خاصه طلاق، آماده ارائه مشاوره حقوقی وکیل برای طلاق توافقی ( وکیل طلاق توافقی ) و اقسام دیگر طلاق می باشند. برای دریافت هزینه طلاق توافقی و مراحل و مدارک طلاق توافقی با ما تماس بگیرید.

December 7, 2018 at 8:33 PM Nikki Heysen said...

The proficient assignment writers at StudentsAssignmentHelp.com continue offering the best Assignment Help USA services for the learners. We understand they cannot spend too much in assignment writings that are why all our services are visible to them at a low price.

December 8, 2018 at 1:38 AM Singapore Assignment Help said...

Best and qualified writers at Singapore Assignment Help are providing homework help singapore services to the students. We never miss any of the deadlines. Our professional writers are available online always for students help.

December 10, 2018 at 3:25 AM Assignment Help said...

Wonderful points altogether, you just gained a new reader. Thanks for this stuff.
For Assignment Help visit AllAssignmentHelp.

December 10, 2018 at 11:46 PM Assignment Help said...

its very nice topic and such a nice blog post thank you for sharing with us. Get Best assignments at Best Prices from Best people. visit here:- college assignment help

December 11, 2018 at 3:54 AM Unknown said...

It is very informative. You have given a fresh outlook on the topic. Our team of academic writers will do a fabulous job for the students. Assignment Help services for all the students.

December 12, 2018 at 1:36 AM Assignment Help said...

Its very nice topic and such a nice blog post thank you for sharing with us. Get Best Make my assignment at Best Prices.

December 18, 2018 at 11:01 PM Nikki Heysen said...

Join StudentsAssignmentHelp.com and students can easily get the best Case Study Help services. Our writers are doing a great job by satisfying all your academic needs and all your demands. You will always receive 100% plagiarism free work from our team of experts.

December 21, 2018 at 3:27 AM WP Updated said...

ONGC Limited Jobs Recruitment ऑयल एंड नेचुरल गैस कॉर्पोरेशन लिमिटेड (Last Date: 2018-12-27) Apply Now

December 23, 2018 at 6:51 PM WP Updated said...

Painting Bazaar is the best place to buy paintings online . Find the perfect original abstract paintings, figurative paintings, landscape paintings, Still Life Paintings, and more from the largest collection of artworks.

December 24, 2018 at 10:20 PM Ireland Assignment Help said...

Our experts of arts subject are always put their 100% to offer excellent Online assignment help to students of dublin at very cheap rate. Immediate assignment support to students is not a tough task for our experts because they are well experienced in that so students can maintain their high grades in college life.

January 5, 2019 at 1:42 AM bestuk dissertation said...

It was a pleasure to come across your excellent post. Your website is quite impressive and I look forward to reading your new blog postings. Thanks for posting such type of article. Visit buy dissertation online

January 5, 2019 at 4:22 AM Singapore Assignment Help said...

In need of essay writing service singapore services? Do visit SingaporeAssignmentHelp.com and take our expert assistance. Our team of professional have great experience in completing work for learners

Post a Comment

Home

© 2010 NuWire Investor and NuWire, Inc. All Rights Reserved.