Solar Power as a Retirement Investment Strategy


| 12/31/2015 11:46:00 AM


Tags: solar power, home energy, retirement, home economics, Vikram Aggarwal, Massachusetts,

solar as a retirement strategy

Establishing a secure financial future for your retirement requires that you explore a variety of options, but most homeowners don’t realize that installing a solar panel system can be one of the smartest retirement investment options available. By viewing a home solar panel system as an investment opportunity, homeowners can reduce or even eliminate their electricity bills, freeing up more than $1,000 in cash each year. With the increased availability of $0-down solar loans, homeowners that lack the cash required for an upfront purchase can still take advantage of solar as a retirement investment strategy. 

Solar: A Retirement Investment Option with High Returns

To ensure financial stability, retirees and those planning for their retirement generally invest in lower-risk options. Solar panels are a natural fit: they provide steady, increasing returns, similar to the high returns associated with traditional investments like stocks and bonds, but without the unpredictable fluctuations of those markets.

Going solar generates many significant financial benefits:

Solar significantly reduces or eliminates your electricity bills. Your solar energy system can generate up to 100 percent of your electricity needs, eliminating your electricity bill and freeing up more cash every month to spend or invest elsewhere.

With solar, you can hedge against future price increases. Utility electricity rates go up every year – in 2015, they increased by anywhere from 1.3% to 9.6%.  By generating your own electricity, rather than buying from your utility, you can protect yourself from unpredictable rate increases for the lifetime of your solar energy system (generally 20 to 30 years).




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