According to the Solar Energy Industries Association, the U.S. installed 3.5 gigawatts of solar PV in 2020, which is enough power for 16.1 million American homes. Needless to say, solar has become increasingly popular in the U.S., and every day more and more homes are starting to utilize the sun’s power for electricity.
Why you might ask, because there are so many benefits when it comes to installing solar panels for your home.
Let’s take a look at all of the perks of harnessing the sun’s power!
ELECTRICITY RATES ARE GOING UP
As reported by Forbes, solar energy prices are at an all-time low. This is the perfect time to start investing in your home and future. While on the flip side, electricity prices are continuing to rise every year. 10 years ago it may have been expensive to have a whole solar system installed in your home, but not anymore.
With the rise in product and the increasing demand, solar panels are now cheaper than ever.
Speaking of money and electricity, one of the best benefits of having solar power is greatly reducing your electric bill. By using the sun to power your home, you are going to be saving substantial amounts of money on your electric bill.
Your panels will create electricity every day and it will then be sold back to the electric company, they will then take that and offset the amount from your monthly bills. Which will save you tons of money every month for years to come.
Incentives For You
By installing solar panels for your home you are eligible for many different incentives. For 2020, you could get up to a 26 percent federal tax credit just for having it installed. This is applied at the end of the year with your income taxes.
There are countless tax credits and local incentives from the federal and state. Each state will offer different options and qualifications, so it best to talk with your local solar installer.
Investing In Your Future
Let’s keep talking about saving you money. By having solar roof panels are you investing in your future. Many states require to have a net meter installed with your solar setup. This meter will monitor the amount of clean energy that your panels produce every day.
The amount of saving you will receive can depend on a couple of things:
- Electricity consumption
- Solar energy system size
- Whether you purchase or lease your system
- Direct hours of daily sunlight
- Size and angle of your roof
- Local electricity rates
Many of these states will offer performance-based incentives to anyone that has a solar setup. They will provide you with Solar Renewable Energy Credits that can potentially earn you money back every year.
If all of those saving isn’t enough, solar energy is as environmentally friends as it gets. By using the sun to power your home you are using renewable energy without polluting our beautiful earth. There are no greenhouse gas emissions and nothing negative is released into the atmosphere from solar panels.
This is pure clean energy for you to use and provide a better world for our later generations.
Flexible and Easy Installations
Another great benefit of solar power is the fact that you can have solar installed in a couple of different ways. Although on your home’s roof is one of the more popular ways, you do have options. Installations are easy and simple, you can have them installed just about anywhere.
You can have them both vertical and horizontal, on your roof, or in the backyard. The flexibility is great for your unique home and land. Not to mention, solar works anywhere, even in the most remote locations. This is especially great for areas where electricity is more expensive.
Increasing Your Homes Value
Solar panels are an excellent way to upgrade your home. Think about when you renovate your kitchen or bathroom, your homes value goes up, right? Well, it works the same way when you have a solar system installed in your home. Many times such an investment can bring in much more value than your kitchen or bathroom remodel. Your home’s value will instantly shoot up.
People now specificity seek out homes that already have a solar system because they know how beneficial it is to have them for your home. So not only will it increase the value of your home but it will make selling your home so much faster.
Let’s Talk Maintenance
Actually, there is little to no maintenance. Once you have a solar system installed, you don’t have to go out and adjust them or do anything at all. Solar energy is simple and easy. You don’t need to hire an expensive professional to come out once a month and fix anything, it’s as simple as just having it installed.
Everyone needs and uses different amounts of energy. With solar systems, it’s completely customizable to you and your home’s needs. Whether you only need a few panels or a bunch, it’s easy to meet your energy needs. Speaking with your local installed experts can easily get you a recommendation and quote on how much solar you should get.
If for some reason later down the road you decided you wanted more, well it’s easier than ever to add onto your system!
Time to Get Your Own Solar Panels
As you can see, there are so many benefits to installing solar panels for your home. It’s never too late to start harnessing the sun’s power for your electricity. Now all you have to do is find the right installer for your home!
If you’re ready to have solar for your home or if you have questions about anything related to solar, head over to our contact page and send us a message!