Solar energy has been around for decades, but it’s never been as popular as today. As the desire to switch to green energy sources grows, solar energy has become one of the most popular ways to power homes. Reports show there is now enough solar production in the United States to power 22 million homes.
Are you wondering if it’s worth it to go solar with your home? Keep reading to learn the five benefits of solar that make it worth the investment.
Contents
1. Reduce Your Power Bills
Reducing your electric bills is the number one benefit most people look for when investing in solar panels. You’re drawing power from the sun instead of the grid, so you don’t need to rely on the grid nearly as much for power.
In some cases, you can completely eliminate your power bill. Investing in solar storage to store excess energy and use it when the sun isn’t up is possible.
2. Avoid Price Increases
If you’re like many people, you’ve noticed your bills going up over time. Utility companies regularly raise rates and will also increase their charges because of inflation. Getting solar panels helps you avoid that increase.
Your solar panels are largely a one-time expense. You may need to pay for maintenance occasionally and get new panels in 30 years. But you’ll likely save even more money by not paying for increased power costs.
3. Improve Your Property Value
Solar panels didn’t always add much value to a property. They still weren’t well known in the past, and home inspectors didn’t know how to value them. That’s no longer the case today.
People now understand the benefits solar panels bring. As a result, inspectors will include them in a home’s value. You can expect an increase based on the average amount of money you save on your bills every year.
4. Sell to the Grid
Even if you have battery storage for your solar panels, you may still produce too much energy. Even worse, you may not produce enough during the day to power your home at all times.
You can sell your excess power to the grid in these situations. Many power companies offer credits for this power, which means you can draw grid power and not pay for the cost.
Visit this solar company to learn more about this process.
5. Get Tax Credits
Cost is a significant factor in someone’s decision to go solar. Even though the cost of solar has come down by a lot, it’s still expensive to buy solar panels and install them.
But the price you pay for your installation isn’t your final price. Many national and local tax credits are available to people who invest in green energy. Learn about your options to learn how much your actual cost of going solar will be.
Don’t Wait Another Day to Go Solar
Solar panels have come a long way over the years. They used to be much more expensive and did not offer as much efficiency as the panels offer today. But now, it’s worth it for countless people to go solar on their homes.
Now that you understand why it’s worth investing in solar, it’s time to start the process. Reach out to an installer to help with your solar installation and learn what you can expect with the process.
Head back to the blog to find more advice that will help you make other improvements to your home.