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Get solar offers 100% online leveraging the LG Solar Marketplace.
Your dedicated LG Concierge Energy Advisor will guide you step-by-step toward the best LG solar option for you.
When you go solar, ask for
the brand you can trust: LG
Every year, families in the U.S. pay thousands of dollars on electricity bills - an expense most people would consider a "default". Over a span of 20 to 30 years, tens of thousands of dollars are spent per family on electricity bills without any returns. It's not surprising to learn, then, that more and more homeowners are realizing that energy bills do not have to be a fixed and repeating expense. By choosing to have solar panels on their roofs, they are not only freeing themselves from a large portion of the recurring payments, but also 'future-proofing' their homes against the steep rise in electricity prices that is inevitable in the coming decades.
Like all technology for a home, solar panels do require an initial investment. And it is important to choose 'value-for-money' over cheap. Choosing high-performance, reliable equipment such as LG solar panels over panels from a brand that may not exist a few years from now, is a good example of this. Despite the initial cost, the excellent power generation provided by good quality panels for 25 or more years makes the investment worth it.
Have a look at the following graph, the portion on the right is the total savings and the portion on the left is the investment in going solar. The immediately visible difference in size between investment and savings is a clear indicator that solar panels are a long-term investment with guaranteed, solid returns.
The exciting part of the story is that solar panel costs have plummeted over the years. In fact, solar equipment now costs 99% less than it did just 40 years ago. Very few technologies have seen such a steep decline in costs, and the reason for this is the rapidly increased demand that led to its large-scale production. Once seen as a commodity that not everyone could afford, nearly anyone today can purchase and enjoy the long-lasting benefits of a solar power plant.
Although the guaranteed savings and lower costs are already attractive reasons, it doesn't stop there. Thanks to the sustainable nature of solar, there is a federal tax incentive in place with the aim of promoting the technology. The ITC (Investment Tax Credit) currently allows homeowners to deduct 26% of their system costs in their coming year's taxes. Several state governments, utility companies, and local governments have their own incentives in place, ranging from direct rebates to additional tax incentives.
Factor this into the equation, and solar panels seem to make perfect financial sense. For those who still feel reluctant to spend money upfront, there is always the financing option. Several financial institutions regularly provide loans for home solar systems, sometimes even through public programs like PACE financing, which provides easy solar loans that can be paid back through tax returns.
The way a global pandemic shook all our systems this year has made people rethink their family's security - not just medical and financial security but also energy security. The importance of self-reliance, as far as energy is concerned, is now widely recognized by homeowners. Installing solar panels guarantees this energy security in times of uncertainty, whether it is a virus or any other kind of challenge.
Choosing solar power is an excellent way to future-proof your home, while ensuring better financial and energy security for your family. A variety of factors, such as a large drop in costs and several incentives, makes this a great time to go solar. Twenty-five years is a long duration that demands calculated and smart, long-term decisions, and going solar with a reputable brand like LG Solar is one of the best long-term decisions one can make today.
When you go solar, ask for the brand you can trust: LG
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Because life waits for no one, at LG USA we create consumer electronics, appliances and mobile devices that are designed to help you connect with those who matter most. Whether that means cooking a nutritious, delicious meal for your family, staying connected on-the-go, sharing your favorite photos, watching a movie with your kids or creating a clean, comfortable place to celebrate the moments that matter, we'll be there for you every step of the way.
Designed with you in mind, LG products offer innovative solutions to make life good. With intuitive, responsive controls, sleek, stylish designs, and eco-friendly features, our collection gives you the power to do more at home and on the go. It includes:
Mobile: To help you stay connected your way, our mobile devices feature powerful smartphones, slim tablets and stylish smartwatches that fit seamlessly into your life. And whether you want to download the latest apps, shop online, text, track your fitness or just surf the web, they make it easy to do it all on-the-go.
TV/Audio/Video: If you can't get enough of your favorite sports, the latest movies, love 3D entertainment -- or just want to listen to your favorite music in stunning clarity -- our newest electronics can help you experience it all in a whole new way. Featuring brilliant pictures, lifelike colors and sound that envelop you from the very first note, our collection will transform your living room into a stunning home theater.
Appliances: Created to help you enjoy more of what life has to offer, our appliance collection features ranges and ovens that can help you cook healthy, delicious meals more efficiently, clean your dishes faster, do more laundry in less time, and even clean and cool your house so you can enjoy a comfortable space all year long.
Computer Products: Life happens in an analog environment -- and on a digital plane. And our newest computer products can help you experience the best of both worlds. Designed to give you crystal-clear images, deep blacks and rich colors, plus the speed and storage you need to work and play, safeguard memories and protect important documents, they can help you make the most of life in every way.
Explore our complete collection of LG electronics, mobile devices, appliances and home entertainment solutions -- and find everything you need to connect with your friends and family, no matter where they are.