Establishing a secure financial future for your retirement requires that you explore a variety of options, but most homeowners don’t realize that installing a solar panel system can be one of the smartest retirement investment options available. By viewing a home solar panel system as an investment opportunity, homeowners can reduce or even eliminate their electricity bills, freeing up more than $1,000 in cash each year. With the increased availability of $0-down solar loans, homeowners that lack the cash required for an upfront purchase can still take advantage of solar as a retirement investment strategy.
This recent blog post “For Retirement Savings, Solar Power Is a Better Bet Than the Stock Market” from thedailygreen.com shows how one octogenarian couple is using renewable energy to stretch their savings and contain costs in retirement. While this post focuses on solar photovoltaics, any clean energy system—solar, wind, geothermal or biomass—can produce the same benefits.