Making the Switch to Renewable Energy

Does winter – and the high energy costs that come with it – have you taking another look at your utility bill? Some consumers have decided solar or wind power is the way to go. But is stepping away from electric or gas power right for you?

Solar upfront costs – Installing solar panels and their equipment, including an inverter and metering equipment, comprises most of the costs associated with switching to solar at your home. The good news is that prices have been falling since 2009.

Wind upfront costs – Residential wind turbines can range from $10,000 to $70,000 depending on the size of the system you need to power your home.

Tax breaks – Solar and wind tax incentives are offered by municipal, state and federal government agencies and can help tremendously with the immediate costs of setting up your new system.

Solar payoff expectancy – The time it takes for your panels to “pay for themselves” can vary depending on cost, installation size and local utility prices. But a payback period under 10 years isn’t unheard of these days (in some areas it’s four to six years).

Wind payoff expectancy – The payback period for turbines also depends on several factors, including size, kilowatts and energy costs in your area. Experts estimate payoff could be as short as 15 years to as long as nearly 50 years.

Sustainability – Money isn’t the only reason to consider these renewable energy sources. Many homeowners have made the switch due to the environmental benefits of moving away from the traditional coal-burning options.

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About thenoelteam

As a Broker with RE/MAX Alliance, I work energetically for my clients whether they are a buyer or seller. I help you achieve your goal of owning a home or getting the best price for your home in the shortest time possible. After graduating from UCLA with a degree in communications and finance, I was licensed in 1977 and since then I have sold over 3600 properties amounting to over $1 billion in sales. I currently rank in the top 10 in home sales for Colorado. I offer the same quality of service and superior communication to all clients, ranging from starter homes to multi-million dollar estates, commercial and income properties, relocations and foreclosures My goal is to provide you with the best representation possible whether you are buying or selling. Over the years, one of the things that I've discovered is that there is a difference in the way individual Realtors do business. For me, I have always felt that honesty and personal integrity are the foundations upon which a successful business and career are built and sustained. I have an extensive background and knowledge base in real estate, including financing, which has enabled me to provide outstanding, quality advice and service not found with many agents today. My commitment to communication creates a positive relationship between my client and myself that results in a successful property sale or purchase. My passion for real estate, commitment to my clients and personal integrity has helped me to achieve success placing me in the top 1% of all brokers in nationwide. In my career, I have earned a number of awards and received considerable recognition for my success but the most significant recognition comes from the fact that over 75% of my business comes from past clients. My success is a true measure of my client satisfaction.
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