Many people are under the assumption that adding solar power to their homes is too expensive. However, the average cost of solar panels has dropped by 50 percent since 2014.
Harnessing the sun’s energy instead of using non-renewable resources is something we need to take seriously. The future of the planet depends on it.
If you’ve been thinking about investing in solar panels, you need to understand the effect they will have. There may be some benefits of solar energy you weren’t aware of. Let’s go over seven.
1. Slash Your Electric Bills
Although solar panels have dropped in price in recent years, they still require an initial investment. The good news is, you’ll save money in the long run by reducing your utility bills.
When much of your home runs on solar power, your need for electricity drops. You’ll experience a serious reduction in your monthly bill. This is great news, especially if you live in a region that’s experiencing rising electricity costs.
Solar panels can gather energy even when it’s cloudy. This means you’ll enjoy year-round savings.
Solar power systems have a lifespan of anywhere from 25 to 35 years. You won’t have to worry about electricity costs for the foreseeable future. Plus, you can also look for ways to cut down on the small amount of electricity you still use.
2. Increase The Value Of Your Home
This is a benefit many people don’t realize. Equipping your home with solar power will increase its value.
Many people today are thinking about switching to solar energy. This includes people who are in the market for a new home.
Homebuyers planning to make a huge investment will love that they’ll save on utility bills right out of the gate. You can leverage this selling point when listing your home.
If you plan on selling in the near future, your solar panels will help you get a better price. They’ll also make your home more attractive to buyers, which means you’ll get an offer quickly.
3. Tax Credits And Incentives
The federal government rewards homeowners who use solar panels. You can get a tax credit that amounts to 30% of the total cost of a solar panel system along with installation expenses.
In addition, you may have the opportunity to take advantage of state tax rebates. These, along with your federal tax credits, can result in thousands of dollars in your pocket every year.
Depending on where you live, your state may offer other incentives for adding solar power to your home. For example, some states use solar renewable energy certificates. Utility companies will purchase these certificates, which means they can apply your solar power usage to their state requirements.
Other states have performance-based incentives. These programs pay homeowners for the kilowatts their solar systems produce.
Do some research and find out what incentives your state offers.
4. Versatile And Easy Installation
Solar energy providers have developed highly-logical ways of installing panels to get the most power possible. They’ve found ways to install panels anywhere, not only on the roof.
This means you have several options when determining where the panels go. Both vertical and horizontal placement is possible.
If you want to start with a small-scale system, you’ll still get plenty of power. You can then choose to add to your system down the road.
If you live in an isolated location, opting for solar energy is a great idea. They can be much more cost-effective than running electricity.
If you’re wondering “how many solar panels do I need,” have a solar energy company perform an inspection. Regardless of your requirements, the installation process will be easy.
5. Energy Security
Rising populations, wildfires, and extreme weather all have the potential of causing blackouts. America is seeing an increase in the number of outages taking place each year.
With a solar power system in place, you’re not dependent on electricity. This means that if a blackout occurs, you’ll still have power.
Solar panels harness energy during the day. Part of this energy gets stored for use at night.
Many solar panel owners invest in an additional backup battery. This battery stores extra solar energy, which homeowners can use when they need it.
If you live in a region that’s prone to blackouts due to high energy demand or environmental conditions, switching to solar power will give you peace of mind that you can make it through an outage.
6. Make An Environmental Impact
One of the biggest benefits of switching to solar energy is the positive impact you’ll have on the environment. Our planet needs this more than ever.
Solar power systems collect and use clean energy. They don’t depend on nonrenewable resources to operate.
This means you’re helping reduce carbon emissions. Doing so helps cut down on pollution and promote a healthier environment.
The production of electricity, on the other hand, requires fossil fuels. As they’re burned, they release harmful gas that contributes to climate change, air pollution, and ecological damage.
Electricity production also requires large amounts of water and results in water pollution. That’s why areas experiencing severe droughts often run into electricity supply issues.
All a solar power system needs is the sun to create energy.
7. No Need For Maintenance
Once you install a solar power system in your home, it requires very little maintenance. You won’t need tune-ups with our annual inspections.
Solar panel design has come a long way in a short period of time. They’re now more compact, efficient, and durable. As long as you do business with a reputable company, you won’t run into issues.
Solar energy professionals have refined the installation process. Panels can stand up to the elements and rarely need repairs or adjustments.
Finally, solar energy providers offer excellent customer service. If you ever have questions, you can count on them for assistance.
Enjoy The Benefits Of Solar Energy
Switching to solar power in your home is the right move for your family and the environment. Once you have solar panels installed, it won’t take long for you to realize their value.
Consider the benefits of solar energy discussed above and reduce your carbon footprint today.
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