The Cost of Doing Nothing: Why Waiting to Go Solar with a Backup Battery Could Cost You Thousands

When it comes to investing in a solar system with a backup battery, the most expensive decision you can make might be doing nothing. As electricity prices continue to rise and inflation chips away at your purchasing power, the cost of inaction only grows. Let’s dive into the true cost of waiting and how much you could save by making the switch to solar and a backup battery today, compared to if you had taken the plunge 5-10 years ago.

The Inflation Factor: Why Time is Money

Over the next 20 years, inflation is expected to increase the cost of living, including your energy bills. Historically, electricity prices have risen at an average rate of about 2-3% annually, but with inflation, that rate would increase even more. If electricity costs increase by just 3% per year, a household that spends $1,200 annually on electricity today could be paying nearly $2,170 per year in 20 years. That’s an increase of over 80%!

By investing in a solar system with a backup battery now, you can lock in your energy costs and shield yourself from future price hikes. Instead of watching your utility bills climb year after year, you could be saving thousands of dollars—money that stays in your pocket rather than being swallowed by rising energy costs.

The Opportunity Cost: Savings Lost by Waiting

Let’s consider the potential savings you could have reaped if you had invested in a solar system with a backup battery 5-10 years ago. Solar technology has become more affordable over the years, but energy prices were lower back then too. Had you installed a solar system a decade ago, you could have been enjoying drastically reduced energy bills, while also taking advantage of higher tax credits and incentives available at the time.

For example, if you had installed a solar system in 2014, you could have saved thousands in energy costs by now, and possibly even eliminated your electricity bill altogether. The longer you wait, the more you miss out on these compounded savings.

The Power of Incentives: Taking Advantage of Tax Credits

One of the most compelling reasons to go solar now is the availability of federal tax credits and state or utility company incentives. These incentives can significantly reduce the upfront cost of a solar system with a backup battery, making it more accessible than ever. The federal Investment Tax Credit (ITC), for instance, currently allows you to deduct 30% of the cost of installing a solar system from your federal taxes. However, this credit is set to decrease in the coming years, and the longer you wait, the less you stand to gain.

ES Solar has helped countless homeowners take advantage of these incentives, guiding them through the process and ensuring they maximize their savings. By going solar with ES Solar, you not only reduce your energy costs but also benefit from the expert advice needed to make the most of available incentives.

ES Solar: 15 Years of Excellence in Going Green

For over 15 years, ES Solar has been at the forefront of the solar revolution, helping individuals make the switch to cleaner, more affordable energy. We’ve seen the industry evolve and have consistently provided our customers with the best technology, service, and savings.

Whether you’re considering solar for the first time or looking to add a backup battery to your existing system, ES Solar is here to help. Our team is dedicated to ensuring 100% customer satisfaction, and our track record speaks for itself. With the most reviews compared to other solar companies, our commitment to excellence and customer care has stood the test of time.

Conclusion: The True Cost of Inaction

The cost of doing nothing is far greater than you might think. By delaying your decision to go solar with a backup battery, you’re not just missing out on potential savings—you’re also leaving yourself vulnerable to rising energy costs and shrinking incentives. Take control of your energy future today with ES Solar, and let us help you lock in long-term savings while contributing to a greener planet.

The sooner you make the switch, the more you’ll save. Don’t let another year of rising costs pass you by—contact ES Solar today and start your journey toward energy independence.