Comparing Energy Sources As you stand at the crossroads of energy choices, comparing solar panels…
7 Reasons Why Now Is The Right Time To Install Solar
When you make a choice to install solar this year, you will be saving money and fighting climate change. The sun can help power homes and businesses worldwide while helping reduce pollution that is causing climate change.
Installing solar can be a great choice, but you may still have some questions about going solar. Here are seven reasons why now is the right time to install rooftop solar at your home or business.
1) Solar panels help you save money on your monthly electric bill.
Many people that install solar panels do so because they realize how much money they can save each month. The amount you will save in your monthly electric bill depends on several factors, including where you live, your house or business size, and what type of solar system you choose to have installed. Some people are able to pay for their entire system in a few years by saving money on their utility bills.
2) Installing solar means less reliance on fossil fuels which is better for our environment
The best thing about solar is that it helps us reduce our carbon footprint. Fossil fuels are a non-renewable resource, and they release greenhouse gas emissions when used. Several of the components in solar panels require fossil fuels for manufacturing, but once the system is installed, you can save money on your electric bill while reducing your greenhouse gas emissions.
3) Solar energy systems decrease pollution by providing clean electricity.
A lot of people choose to install solar because they care about the environment, and that’s wonderful! The process of mining and burning fossil fuels releases harmful pollutants into our air, water and land. These pollutants contaminate ecosystems all over the world, which eventually makes its way to human bodies. It is bad news for humans and wildlife alike since we depend on a clean environment for safety and survival. Solar energy is a great way to reduce your carbon footprint on the planet!
4) Solar energy systems save you money
A solar energy system will decrease or eliminate your monthly electric bill while increasing the value of your home. Solar also helps you avoid paying high electricity peak demand charges from your utility company. You’ll be able to produce all of the electricity you use at an affordable cost, instead of getting it from your utility company which charges more for its services during high demand hours and has variable rates depending on how much electricity you use each month. When you generate your power, there are no rate hikes or extra fees – only sunshine!
5) You can earn tax credits with a government rebate via 30%
Each year the government offers a tax credit for installing solar power systems as you are investing in renewable energy. The government gives homeowners a 30% rebate on their investment in solar electric or photovoltaic (PV) systems or solar water heating systems, an increase from previous years of 25%. This rebate can reach up to $2,000 for residential and commercial installations, but depending on where you live, the amount varies based on your state’s laws.
6) Your home’s value will increase as a result of installing solar panels.
A lot of homeowners are waiting to install solar panels until their home increases in value. So they don’t want to invest money now into a home that might be worthless later on, but then the opposite happens, and you lose money by not having a solar system installed.
Installing solar panels at your home will increase the property value by a lot, which means your mortgage will be lowered. This is a significant investment for any homeowner to make and one you want to take advantage of immediately.
If you want information about Installation Services for Property Owners, check our previous post.
7) The amount of energy you use will decrease greatly
The amount of energy your household uses will dramatically decrease with the installation of solar power systems or photovoltaic (PV) systems. Besides lowering your monthly utility bills, it also reduces the electricity costs for everyone else, as utilities are not required to give excess electricity away at night when people need it most. The solar panel system is also capable of generating electricity when it’s cloudy out or raining. This technology can generate electricity even when it’s not sunny, so you get the most out of your solar panels.
In addition to all of these benefits, some utility companies offer rebates or special rates for consumers who have solar energy systems installed in their homes. The rebates cover a small portion of the installation costs but can help defray the expense and make them affordable for homeowners. When you install a PV system, you’re likely to save about $10 per month on your electric bill at first. You may experience some fluctuations in how much money you’d save over time depending on how large your system is, what kind of roofing and insulation material is used for your home and how much sunlight hits your panel system each day.