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What is the Return on Investment (ROI) of going Solar?

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The Return on Investment (ROI) for going solar depends on several factors: the home’s electricity usage and the timing of that usage, viability of the property for solar, the policies and pricing structures of the local utility company, the inclusion and cost of a battery system for backup power and prevention of loss from events like food spoilage, the unpredictable yet generally rising costs of traditional energy, and the specific solar equipment used. While initial investment costs may be significant, solar power can transform a home’s ongoing energy costs from a negative ROI (regular electricity bills) to a positive one, saving homeowners tens or hundreds of thousands of dollars in the long term.

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