Renewable Energy- Few Ways To Make Money with Solar Power

Imagine making money from a free source of energy with no electric bills attached. After reading through this article, you'll get to know a few of the many ways to make money with solar power.

Ever since the advent of electricity, man has been tied to that monthly ritual of paying electricity bills. A lot of electric utility companies have made money off us and in a crazy way too. It's just like paying the car dealer every time we use the car purchased from him. How stupid! I guess one of the main reasons for the low availability of solar electricity is cost. The good thing is that once a home can become power independent, the initial investment of purchasing the solar energy system is returned over time, usually a few years. But not many people are willing to wait that long. So how can you make that initial investment back within a shorter period of time? Below are a few hints to get you started. 

1. Sell it to a Business startup
Installing the complete solar energy system into your home immediately after purchase might not be a good idea, especially if you want a quick return on investment. Instead, sell it at a profit to a startup offering rental services. Why? Businesses offering rental services like halls for occasions need to have a standby generator in case of power failure. This is common in countries that have unreliable power supply, like mine.
The people renting end up being charged for the use of the generator. In the case of using solar power, the business charges the customers for the use of the sun. Well, in the form of hidden charges of course. That business would be grateful to you and you can still buy another complete system and still have extra cash.

2. Start Your Own Business  
If you already own a rental service business, install the solar energy system. It'll save you on electric bills as discussed earlier. If you don't, start one. How? One way is to get a hall and install your solar energy system. Another way is to use your house. If you have a spacious garden, beautify it and make it more attractive. When customers pay you, you won't have to pay any bills so most of the money goes into your pocket. Well, you'll have to pay for cleaning if you want more patronage.

3. Make it an Added Advantage for Your Customers
If you run a roadside bar, lemonade or coffee joint, you could include a small charging depot on the go. This will be good for customers who while going to or coming from work stop by to take a bite or drink. They could recharge their accessories like phones or laptops while munching. You must have built a reputation of trust with your customers before doing this due to issues of theft.

4. Learn About Solar Installation
If the previous tips don't work for you, then you could take a guide on solar electricity installation. Before or after you purchase your solar electricity components, you can take a course on installation and get the necessary tools. That way, you can sell your solar components and even offer to install it as an added service. You'll get your money back with profit. This is one easy way to build a solar electricity business.

5. Increase Your Real Estate Value
If you're into real estate,  you can purchase an apartment house, renovate it and install solar electricity. This will really boost the value of the house. Afterwards, you can rent  out the apartments at any price of your choice. The number of flats you rent out will determine how fast you get a return on your initial investment.  

Throughout the world, the cost of energy generation continuously increases. Many homes and businesses have realized that the only way to stop these rising costs is to switch to solar energy. Though the costs of installation can be high, the money comes back to you. But don't just let your solar energy system save you money, let it make money for you.