Why should you consider making the switch to solar power today?
Let’s ignore for a second the benefits to our environment that switching to solar provides (some estimate that switching to a 5 kWh electric array can offset the deforestation of over 100 trees per year!) and instead focus in on the bottom line of switching – the MONEY. With high quality solar systems costing New Mexico homeowners an average of about $20,000, it’s important to understand the options available to you for financing such a large expense. Fortunately, in New Mexico, you have options. If you have the money to buy a system outright, that’s great! You’ll end up making the money you spent back in an average of 10 years, and afterwards you never pay another bill for electricity again. The savings just keep piling up after that. For the rest of those who don’t have $20,000 lying around but who still want to reap the rewards from solar panels, the best option is a solar loan.