Have you been thinking of buying home solar panels?
There are several reasons why more and more homeowners are getting solar panels. The fact that you can reduce your electricity bill to zero is just one of them!
Seriously, with solar, you might never pay a power bill again.
Keep reading to learn more about the benefits of solar panels.
Earn Tax Credits and Rebates
Did you know that when you file your taxes you can expect up to 30 percent of total solar system costs back from equipment and installation as a federal income tax credit?
This means you could save almost a third of the costs on the solar system and combine this with state and local rebates thanks to Solar Renewable Energy Credits, known as SRECs, cutting the total costs almost in half.
Energy credits generate throughout the year, and should you generate more energy than you need, you can sell them back to utility companies.
This can generate a sizeable return taking into consideration the initial costs of the installation.
Many solar companies can help you achieve this income-generating potential. Check out Blue Raven Solar locations to get started with your home solar system.
Save On Utility Bills
When buying solar panels one of the things most homeowners notice first is the amazing impact this technology has on reducing their energy bills. This significant drop in consumption from the grid is easily accomplished.
The amount of electricity produced depends on the size of your installation, meaning you could even create enough for your entire home, removing it from the grid altogether.
However, this is dependent on the amount of average sun per day you receive in your area.
The initial investment, while seemingly large, is rapidly offset in as few as five years, since you are saving on utility bills.
Less Impact on the Environment
Increasing our reliance on clean and abundant renewable energy such as solar power impacts our world positively.
Solar energy produces no water or air pollution as well as no greenhouse gases. It is also carbon-free, as it releases no harmful emissions when electricity is being produced by solar panels.
This in turn helps reduce the number of fossil fuels that are extracted from the earth, which are finite.
No waste or emissions means reduced pollution, and a cleaner, healthier atmosphere.
You can reduce your carbon footprint by around 100,000 pounds during the lifespan of your solar panels. That is about the amount of carbon dioxide that a car produces having driven 100,000 miles.
Increase Your Property Value
You can expect around a three to four percent increase in the value of your home!
This increase in value is a conservative amount.
Installing solar panels for your home drives up property values, and offers an attractive selling point when it comes to marketing your property.
When a house with solar is sold you will often turn a profit by having installed it in the first place.
The long-term cost savings and reduction in carbon footprint that could be enjoyed by the buyer are also attractive.
The Benefits of Solar Panels Explained
Now that you know about some of the incredible benefits of solar panels don’t waste any time and have them installed in your home today!
And for more articles like this, browse the rest of the blog.