Going Solar To Achieve Your Financial Goals?

By Zina Kumok, Money coach

Zina Kumok is a Certified Financial Health Counselor and a personal finance speaker and author. She has been featured on leading financial sites including Nerdwallet, Investopedia, Business Insider, Prudential, and more.

Download the full guide:

Can solar help you save?

In this guide, Zina discusses the lesser-known financial incentives of a home solar installation and who is best-suited for this investment.

The cost of a solar energy system has dropped significantly in recent years. Thanks to a wealth of financial incentives from states, utility companies, and the federal government, solar energy is more affordable than ever!

Keep reading to learn how solar panels can save you money — and pave the way to a cleaner, more sustainable energy future.

statistics show that in many states, installing solar panels in a family home can result in savings of more than $1,000 per year." - Forbes

In this guide, I cover the following essential financial concepts:

Net Metering
Federal Rebates
State & Local Incentives
The Payback Period
Internal Rate of Return (IRR)
Home Equity
Long-Term PV Efficiency

Who is best suited for solar?

Here are the boxes I check off with my clients:

You have savings account(s) and a solid debt repayment plan
You've crafted a budget that fits your financial goals
You're making consistent contributions to a retirement account
You'd like to create a more diversified retirement portfolio
Your summertime utility bills are high
Your property's solar exposure is fair to excellent

Bonus: If you're expecting a high tax bill, solar will significantly reduce your tax liability.

Better than the stock market?

One question most of my clients have never previously considered is this: how does an investment in solar compare to traditional investments?

The White Coat Investor calculated that the Internal Rate of Return (IRR) for a sample solar installation was 15.1%
Since 1972, the annual U.S. stock market return over 15-year rolling periods is approximately 11%

Read the full guide to learn more!

Download the PDF now.

The comparison between a solar investment and traditional investments includes other critical factors that I cover in this guide. As always, be sure to talk to your financial advisor for help deciding which financing and investment solutions are best for you.

*This is a sponsored post written on behalf of Freedom Solar. All opinions are my own. — Zina Kumok

Can Going Solar Help You Achieve Your Financial Goals?

By Zina Kumok, Money coach

Download the full guide:

statistics show that in many states, installing solar panels in a family home can result in savings of more than $1,000 per year." - Forbes

Content

Texas Locations

Can Going Solar Help You Achieve Your Financial Goals?

By Zina Kumok, Money coach

Download the full guide:

statistics show that in many states, installing solar panels in a family home can result in savings of more than $1,000 per year." - Forbes

Freedom Solar Power

Content

Texas Locations