Have you found yourself intrigued by the thought of switching your home’s energy power to solar? It is sure to have crossed every homeowner’s mind as solar energy growth exploded during the past decade. In the United States, it remains one of the top two renewable energy sources with no sign of slowing down.
The exponential growth in the solar industry is proof that millions of homeowners have discovered the benefits of solar energy. Yet others are in the same boat as you and hesitant to make that switch.
However, when you realize the shift away from traditional power sources means you are not only bringing down your electric costs but also decreasing your effect on nature’s domain, the decision to go solar becomes an easy one. Let’s review just a few benefits you will see when you invest in solar solutions for your home.
Lower those soaring utility costs.
I am from Las Vegas where the sun is always shining and air conditioning is a must. You wouldn’t believe the astonishing advantages of solar energy. Unfortunately, many homeowners are oblivious to just how beneficial solar power could be to their life.
One of the most clear-cut benefits of solar panels is the ability to hedge utility prices. According to the Energy Information Administration, the average United States resident used roughly 10,649 kilowatt hours in 2019 at a cost of around $1,950 dollars for the year.
You will begin experiencing savings on those high utility costs the minute your solar panels are installed. Holding off any longer means you are stuck paying those extreme electric costs each month. If you pull the plug now, that is an extra $1,950 you could have in your pocket this time next year.
But the most important factor is how electricity rates rise each year by an average of 6%. This means that your energy bill will cost you double in ten years’ time! If you had invested in solar ten years ago, your own personal power plant would have saved you tens of thousands and you wouldn’t have to worry about the rising cost of electricity on the grid. In fact, many states and local utilities even pay you a credit for the extra energy you produce and transfer to the grid through solar energy.
It should be noted there are a number of variables that will determine the total financial returns you can expect from solar during its lifetime, but with a high quality photovoltaic solar system in place, whatever those costs are will be lowered significantly as your home uses an environmentally friendly way to power itself each day.
If utility prices continue to rise as expected, those savings will do nothing but surge as time goes on. Going solar is the only way to help protect against these unpredictable increases.
Take advantage of incentives.
Today’s market is experiencing a progressive government attitude towards solar energy, which has resulted in attractive solar power tax rebates at both the federal and state levels.
In addition to significant tax credits and rebates in place to encourage homeowners to go solar, the installation cost of panels has significantly dropped. As the government continues to incentivize the continued growth of the solar industry, it is important to take advantage while you still can.
In other good news for today’s shoppers, it costs roughly 70 percent less than it did a decade ago to install a residential solar energy system. Combined with the rebates, your total costs could be potentially cut in half making it the perfect time to use photovoltaic technology.
There also are an abundance of financing options available if you don’t have the funds for an upfront purchase. If you don’t have the money on-hand, there is most likely a financing option suited just for you, which means you don’t have to outlay any cash upfront for the switch to solar energy.
Reduce your carbon footprint.
Solar energy is clean energy, and I don’t think it is reaching to assume we all want that. Solar systems use pure energy from our sun, helping to combat gas emissions and reduce our collective dependence on fossil fuel. Solar panels absorb D/C current from the sun and convert it to A/C electricity through an inverter which is included in your installation.
Did you know solar can reduce your home’s carbon footprint by more than 3,000 pounds annually? That equals 15,000 pounds of CO2 each and every year. That’s pretty amazing.
Solar panels protect your home, too.
While solar panels are busy helping out the environment, they also protect your home. They start at the very top of your house by extending the life of your roof as it shields it from harmful elements like snow, ice, rain and debris. Likewise, it absorbs the sun and keeps it from beating down on the roof directly.
Homebuyers also know they have struck gold when they come across a home for sale with solar panels, which increases your value. This provides you a large return on your investment if you ever decide to sell your home. Many local real estate markets see an increase of a home’s value by as much as $26,000 if a solar system is intalled.
As awareness has increased on the importance of reducing our carbon footprint on the environment and financing options have become more readily available, the solar market continues to increase, but is it the right choice for your family?
Only you can answer that question, but doing research on how solar energy works and the science behind it will help you feel confident in your investment. There is an abundance of information on the long-term benefits of solar on platforms such as YouTube for homeowners ready to go solar.
It also is important to find the right company. I know from helping solar companies in 39 states that finding the right one for you will pay off in great rewards both environmentally and financially.
Rich Feola is the Founder of the Solar Exclusive, an 8-figure advertising company that generates unique, qualified leads and appointments for solar companies. Solar Exclusive works with solar companies in over 39 states. Rich’s work has been featured in Digital Journal, Yahoo Finance, NBC and Fox among other publications. Want to skyrocket the success of your solar business with top-notch leads? Visit this link to find out more: https://solarexclusive.com/.