The time is right to investigate solar possibilities
Delaying purchases comes naturally in tough economic times. What will the market do next? Will my company be able to ride out the downturn without layoffs? Should I plan a move or stay put and improve my current home?
We’ve all bounced these and other questions around in recent months. It’s unclear where and when the next wave of economic news (good or bad) will strike. There are few guarantees when in investing, but spending money to improve one’s home is nearly always a safe investment in Colorado. Reports indicate that our housing market is faring better than the national average. Let’s face it, this state still attracts people looking for a new beginning like few others. Although some home values dropped during the last year or so, the values are sure to return just as quickly.
One of the smartest investments is one that drives down future costs – such as harnessing the sun to provide electricity. And there are good reasons to examine solar possibilities.
Take former Broncos coach Mike Shanahan for example. Why would he waste his time installing a photovoltaic system on a house that will cost more than was spent to build Bears Stadium (which would eventually morph into Mile High Stadium). Well, there might be a number of answers to that question, but the most obvious is that he (or the next owner) will save money on the energy bills, while using less coal, gas and electricity. That’s what our politicians would call a “win, win.”
Speaking of politicians, you can bet that the new administration will move toward incentives for green-related energy. Additionally, rebates will continue in Colorado under Amendment 37. Check Xcel Energy’s Web site (xcelenergy.com) or other providers for the latest information.
The upfront cost of a solar photovoltaic system that would meet the demands of the average Denver-area home would be less than buying a new car. But rather than jumping into a system that won’t provide an adequate return on investment, talk with two or three solar companies. Bounce your goals off the experts who understand the technology, its advantages and its limitations.
It’s possible that your money would be better spent on a bathroom or kitchen – but then it still takes energy to keep those rooms functioning – energy that could be snared for a relatively small cost.
Joe Ross
Associate Publisher, Editor
joe@pub-house.com
