Increasing Your Home or Business Values Fact:

             According to the Appraisal Journal a home's value increases by about $20 for every $1 reduction in annual operating cost from maintenance free renewable energy saving strategies because historic mortgage rate cost have an after tax effective interest rate of about 5%. If a dollar of reduced operating cost is put toward debt service at 5% it can support an additional $20 of debt. To the borrower, total monthly cost of ownership is identical. A solar system that saves $500.00 a year increases the value of a home or business by $10,000 on a 20 year mortgage.

Present & Future Non Renewable Energy Costs

             In 1999 foreign and domestic oil was less than $20 dollars a barrel and in July of 2008 oil reached $147 dollars a barrel. What price will a barrel of oil be five years from now, can you predict the future?

In the summer of 2008 home heating oil in New England was close to five dollars a gallon, can you predict the cost of home heating oil five summers from now or even next summer?

             In 1999 the cost of energy from the sun was free and in 2008 more than nine years later the cost of solar energy is still free or a zero percent increase over nine years.

Other Non Renewable Energy Facts

             Oil raises the price of all other non renewable energies like natural gas, propane and electric. Energy prices will to continue to rise faster than the rate of inflation in the next five to ten years. Even a chord of New England wood and pellets to burn in your wood or pellet stove has risen dramatically in price from the last oil shock to our economy in 2008.