When you’re not there, your vacation home shouldn’t be on vacation. It should be working for you.
By installing a solar or wind power system, you can turn your vacation home into a profit center. Most vacation homeowners don’t consider installing clean energy systems because they figure their energy consumption isn’t big enough to warrant the expense. They only use the house a few months out of the year; the bills aren’t that high, etc. But this is precisely why vacation homeowners SHOULD install a solar or wind power system. When you’re not there, your home can still be producing energy, which can be sold back to the grid. This low use, high production equation means that vacation homeowners have a way to generate income from their property. They’re still saving money on their energy bills, but they’re also generating revenues the entire time they are not on vacation. One caveat, this option is available to vacation home owners in the 43 states that allow net metering [1] – i.e., allow you to sell extra electricity produced back to the grid.
Renewable and clean energy systems deliver incredibly attractive returns on investments. Annual returns of solar and wind power systems can range from 5%-30%, depending on your location, property characteristics and availability of incentives and rebates. With these kinds of financial results, imagine the vacation homes you’ll be able to afford!
[1](States that DO NOT allow net metering: AL, MI, ID, SD, SC, TN, TX)