Asked by Long Island Real Estate, New York • Sun Jan 25, 2009
Solar Energy and Real Estate Value in America Going Green:
Technology in the solar energy industry has significantly advanced over the years to the efficiency and quality of collectors manufactured today to energy produced. In addition to the solar technology, with state, federal, and utility incentives, it makes sense for owners to residential and commercial property structures to invest in solar energy. The pay back return on the solar investment can be as little as four years, thatâ€™s a 25% return on the investment, guaranteed, at least for solar thermal products. Many of the warranties on these solar products are from ten to twenty five years with a lifespan on the solar systems over twenty five years in both photovoltaic (electricity production) and thermal (production in domestic hot water, space heat and air conditioning).
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