Customers have many reasons for considering solar energy for their home or business. Nearly everyone is interested in the financial bottom line; what is return on investment or payback period.
Some solar users want complete independence from the utility company and install off-grid systems with battery storage. Other users are in locations far from the electric grid and install solar system out of necessity. The reality is that there aremany factors to consider. The following are some important factors: 
Solar Energy is clean energy. Even a relatively small solar system makes a significant contribution to a cleaner environment.
Solar energy is a good investment. – By using various financial metrics such as
Internal rate of Return (IRR) and Compound Annual Rate of Return (CARR) or even a simple payback analysis, it is easy to confirm that adding a solar system is a sound investment both in the short term and long term. The big factor is that federal, state and local financial incentives have mode solar energy more affordable than ever.
Solar systems increase the value of your property– According to Appraisal Journal , “The increase in appraisal value for a home with solar power is about twenty (20) times the annual reduction in operating costs” Example: if your electric bill savings equals $1,000 per year, the increased appraisal value of your home is $20,000 or more.
When compared to other popular home improvements, the addition of a solar system is a sound investment.
| Home Improvement | Net Cost | Equity Increase | Percent Return |
|---|---|---|---|
| Deck Addition |
$6.3K
|
$6.7K
|
104%
|
| Bath Remodel |
$10.1K
|
$9.1K
|
89%
|
| Kitchen Remodel |
$44K
|
$33K
|
75%
|
| 4 KW Grid-Tie PV System |
$18.6K
|
$22.5K
|
120%
|
Solar Systems are safe, tested, and virtually maintenance free. Solar technology is a mature technology. Solar systems have been installed in various applications around the world for decades. All of the components are UL tested and approved, and all Milestone Solar Consultants installations will be made in full compliance with all applicable codes.
The estimated lifespan for a solar system is 25 years. Most solar module manufacturers warranty their products for 25 years and most inverters come with a 15-year warranty. There are no moving parts in a solar system and you can reasonably expect decades of maintenance free operation.
Solar Energy is good for America – When you look at our national dependence on foreign energy, often from parts of the world that are decidedly unfriendly to America, it is easy to see that energy independence needs to be a national priority. Clean, efficient, solar energy is there for the taking. We have proven technology to harvest this energy resource in a safe and efficient manner. It makes total sense to do so.