Solar vs. Your Utility Company
Did you know that solar power already costs less than grid power in 10 states? That translates into big savings on your utility bill. Here’s why it’s happening:
- Despite temporary drops in the price of oil and natural gas, utility companies continue to increase electric rates.2 Over time, fossil fuels will continue to be limited, further driving the costs up.
The cost of solar panels is falling, down almost 100 percent since 1977 (see chart) and more than 50% since 2007 alone.3
Installation costs are falling as well, as
more solar providers enter the market to
meet growing demand.
Incentives can help you save
Federal, state and local incentives push costs down even further. Currently, homeowners can take advantage of a 30 percent federal tax credit now through 2016. Even if the credit falls to 10 percent with no additional rebates after 2016 as some predict, solar comes out ahead of grid electricity in most of the U.S. as shown in this map.4
So why wait? Solar is ready now, and your savings start immediately.
See why Sunrun is the trusted choice
Sunrun is one of the leading companies for home solar.
We take care of everything from paperwork to
installation so you don’t have to do a thing.
Even better, you can save 20% on your electric bill when you go solar with Sunrun.5 Plus, with our 100% guarantee your system will perform as expected, or we’ll cut you a check for the difference. We've got you covered on everything from maintenance to monitoring and repairs – at Sunrun, we always have your back.