Many people in Maryland are making the choice to switch to a solar water heater purely for investment and energy security reasons. The fact that solar water heaters eliminate CO2 emissions is an additional bonus for many people, but not the reason they decided to install a solar thermal system.
With the stock market doing poorly and the real estate market in a tailspin opportunities for investing become more uncertain. The days of buying a house and waiting for it to double in value are over and the stock market is incredibly unstable with companies struggling to stay afloat.
Where does this leave you as an investor? Where do you put your money? Stocks, bonds, mutual funds, real estate?
Investing in energy producing assets for your home can make a lot of sense. Energy producing assets help to reduce your cost of living by eliminate fossil fuel based energy consumption. This reduces your bills and your dependence on foreign oil.
High levels of uncertainty and low returns in traditional investment vehicles makes the idea of investing inĀ technologies that produce energy very attractive. Something to think about.