The last few years have shown that the only constant is change. It is easy to think that you are powerless in the face of unprecedented market instability. You cannot, as a consumer, force an economy into stability, but you can expose yourself to the fluctuation of such a system. You may not have control over the market, but you do have control over your energy. Many people will want to remain neutral, but we urge them to look at California.
California is a great example of the benefits of solar when it comes to rising costs in an unstable market. California, with some of America’s highest energy costs and the most severe environmental effects of climate change, needs an energy solution that puts control back into the consumer’s hands. California’s adoption of clean and renewable energy is a great example of solar as a solution to the current instabilities. You can achieve energy independence and take control of your power by following California’s example.
How can a solar system generate energy value for the user?
The cost of electricity has been rising due to global conflict and issues with supply chains. Has already seen an increase in the cost of electricity by 14% from 2021 to 2022. This figure, which is from February, does not include any price increases that may occur this year. The cost of electricity will increase significantly this year, especially when you add the rising fuel prices to the equation.
Solar energy can help to combat these increases in price. You can prevent any price increases by generating your electricity. You can now afford to pay less for electricity and save money. You can also expect to save a lot of money after the initial payback period, as most systems are repaid in just seven years.
Californians use less energy than the rest of the country on average but still pay more than other states. California is a great example of what you can achieve by switching to solar power as prices continue to increase.
How can a solar system increase the value of a property?
You want to find investments that are not tied to the stock market in a period of such uncertainty. Solar energy investments are not affected by economic fluctuations and remain valuable and stable. Installing solar energy on your property can increase the value of your home by between $3000 and 5000 dollars. Solar is a great investment in the current economy. You will not only see a return in energy savings but also an increase in the value of your property as California strives to achieve its long-term energy goals.
California Solar, in this way, sends out a clear signal to the rest of the country that solar is a safe, solid investment. It pays dividends immediately and will increase in value over time. Solar is a safer investment than other options. This is not a new trend, but as markets and prices continue to rise, it will become even more evident.
How can a solar system pay for itself over time?
You are at the mercy and control of the market when you purchase electricity from your utility. The utility sets the price, which is affected by the number of customers, the increase in prices, and global events. You will end up paying the price for all of these factors, which you can’t control. Solar energy can be used to achieve energy independence. You will see a significant reduction in your monthly power bill. When the savings exceed the cost of the system, you are generating pure value. Combine this with a Battery Storage System, and you are in a better position to reduce your energy consumption at night, during peak hours, or in the case of an emergency.
California has been dealing with the negative impact of climate change in the form of fire seasons that are becoming more intense. Outages during the summer months are also common. These outages are more damaging to some households than others. They cannot afford not to have power. Solar energy relieves the grid of strain and allows homeowners to be self-sufficient in the event that there is an emergency or accident. The rest of the nation can use this level of preparedness to plan for their independence from the grid. California’s ability to expand solar adoption will help us reduce our dependence on fossil fuels. This is crucial for California but also for the nation and the entire world.