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Solar Power 101

What Does It Mean to Own Your Power?

By December 22, 2020September 12th, 2023No Comments

You’ll often hear us refer to “owning” your power when we talk about solar energy. What does this mean?

 

Let’s think of it like renting vs. buying a house

When you rent, every month your money goes to your landlord. You get to stay in the house, but you never see that money again. It doesn’t go towards any kind of ownership in your home. When you buy and mortgage a home, you still make a payment every month, but that money is going towards your equity in the home as you make payments to the bank.

 

Solar energy works the same way!
With a utility bill, you’re paying the electric company each month for the power your house is using. You get to use the power, but you never see that money again. When you invest in a solar system, you’re still making a monthly payment…but that money is going towards owning the panels that are generating power for your home. Every month you’re building equity in the system powering your home. One those are paid off, you own your power completely!

 

Are you ready to own your power? Reach out to Primitive Power today!