Solar energy is a sustainable energy source produced by the sun that can offer considerable benefits over conventional energy sources. Every year as electricity costs continue to rise, many people are considering installing solar panels to help offset costs and reduce the environmental impacts. If you’re considering switching to solar energy, here are 5 benefits that can help you decide.
1. Saves Money – With solar energy, your monthly utility bill will be significantly lower because you are generating your own electricity. The monthly costs depend on your energy consumption, the size of your solar energy system, and if you have a battery storage system installed to store unused solar energy. If you live in a cloudy location, solar panels can still draw energy to help power your home, and you can still draw energy from the grid if needed.
2. Increases Your Home Value – When you own your solar panels, not lease them, the value of your home will increase. Solar panels are considered a home upgrade. Homeowners are willing to pay more for homes with solar energy systems already installed.
3. Qualify for Tax Credits – The government provides incentives for installing solar energy panels to help you recoup some of the cost of equipment and installation. In addition to the tax benefits that cover the cost of installation and equipment, many states offer additional rebates and credits that you may qualify for to help offset costs.
For many homes, you may even have an opportunity to sell energy back to utility companies. The financial benefits through tax credits and rebates help incentivize the solar industry’s growth to help reduce the environmental impacts of standard electricity generation.
4. Reduces Carbon Emissions – Solar energy is the cleanest renewable energy source that reduces carbon and other greenhouse gas emissions. Fossil fuels such as coal and natural gas can release harmful pollutants into the air and water supply. Reducing carbon emissions is essential in reducing the impacts of global warming.
5. Improves Energy Independence – In the event of a blackout, with solar energy and an energy storage system, you can continue to power your home. An independent battery allows you to use stored excess energy that your solar panels produce on sunny days as a backup. If you don’t have storage, you can still use the energy from the grid as a backup for when there isn’t enough sunlight to power your home.
While the upfront costs can be intimidating, changing to solar power can be rewarding in lowering costs, providing tax incentives, and helping the environment. Installing solar panels is becoming a more affordable option to allow more people the opportunity to make the change.
Call Del Sol Energy today for a free consultation.
Luke Smith says
It’s great that you pointed out how your monthly utility bill would be significantly lower because you are generating your own electricity with solar energy. Our electricity bills has been quite high recently so we’re thinking of ways on how to mitigate the costs. With that in mind, we’re planning on getting solar panels, and thankfully there are solar system repair services if ever they break.