Shifting to solar energy has been a hot trend in residential and commercial markets. According to Pew Research Center, around 8% of homeowners in the United States have already installed solar panels, and this trend is expected to continue. Solar panels generate electricity directly from the energy of the sun. For Everett solar panel installation, contact United Solar.
There are several reasons people are moving to solar energy. In this article, we share some of the top benefits of solar energy.
Reduced Electricity Bills
The most obvious reason why people want to shift to solar energy is the savings. Depending on the size of the solar system you get and your electricity consumption, you can enjoy a significant reduction in electricity bills. In some cases, you might be completely self-reliant and not have to pay anything for electricity.
Of course, there is an upfront cost of solar panels, but the long-term savings potential is highly attractive. In some cases, you might pay monthly installments to help reduce the upfront cost of installing a solar energy system. With solar panels becoming increasingly more affordable, the money-saving benefit of solar panels is expected to continue for many years to come. You could also generate extra electricity that you can sell back to the grid.
Less Reliance On the Grid
With solar panels, you get to keep your lights on even if there is a problem with the grid. This provides you with peace of mind and security that your life won’t be disrupted due to storms, maintenance, power failure, or anything else that could result in the grid shutting down. Just keep in mind that you need a solar system with a battery if you want to generate power regardless of the time of the day.
Rebates and Tax Credits
The U.S. government wants its citizens to use solar power. The government even offers certain incentives. One of the major incentives is the solar Investment Tax Credit (ITC), which you can use to reduce your tax liabilities. The solar tax credit can help you recover up to 30% of the cost of installing a solar panel system.
Increase In Property Value
The investment you make in the solar system will likely increase your property value as buyers are often ready to pay a premium for this feature. Installing solar panels is often viewed as an upgrade to the property, similar to a renovated kitchen or new patio. You will need to buy the solar system from a reputed company and keep up with maintenance to help maximize the increase in property value.
Reduced Carbon Footprint
It is our responsibility to protect our planet, and everyone has to contribute. You could do this by reducing your carbon footprint. Solar power is clean energy with no carbon emissions. This means it doesn’t generate any heat-trapping “greenhouse” gasses. Solar panels reduce CO2 emissions and help reduce our dependence on burning fossil fuels.