Did you know that predictions say 13% of American homes will use solar energy by 2030? That’s almost a triple-fold increase from 4% today!
As a homeowner, you might be interested in making the switch to residential solar panels too. But because there’s a huge initial investment, you’re not quite sure it’s the right thing to do.
Keep reading to find out 5 benefits of solar panels that make every penny worth it.
You’ll Reduce Your Carbon Footprint
There’s no doubt that we’re putting unbelievable pressure on our planet. So if everyone would take some steps to decrease their carbon footprints, it can have a huge effect on our environment.
When you switch to solar power, you’ll drastically reduce your carbon footprint, even without going completely off the grid!
You’ll Lower Your Energy Bills
Going partially or completely off the grid means you won’t have to rely on your energy company as much. As a result, your energy bills will be much lower!
While installing solar panels involves putting down a large sum of cash, the savings will be immediate. You’ll save in the long run!
You Can Earn Money Back
Depending on where you live, you might be able to sell extra energy back to the grid. This is called net metering and it allows homeowners to recoup their losses on solar panel installation, and then some. If you stay in your house for long enough, you can generate a little bit of extra income from net metering.
If you think home solar panels are too expensive, you might want to think again. In the USA both federal and state governments want to encourage people to go solar, which is why there are several tax credits and rebates available.For example, you can get a federal income tax credit for the costs of solar equipment and installation. In addition, you can get Solar Renewable Energy Credits (SRECs) to cut down on costs.
Check with your state or region to see what tax credits and rebates are on offer for homeowners where you live.
You’ll Increase Your Home’s Value
Solar panels will increase your home’s value since they’re a modern addition that makes the property more efficient. So if you plan to sell your property in the future, you’ll fetch a better price.
Even if you intend to stay in your house permanently, increasing its value means you’ll be able to borrow more against its new value should you wish.
Reap the Benefits of Solar Panels
As you can see, there are many benefits to solar panels. And the best part of it is, this is just scratching the surface!
The truth is, solar panel benefits are numerous, beyond what we’ve covered here. So do yourself a favour and get solar panel installation for your home!
Want to learn other ways to make your home eco-friendly? Then check out our other blog posts!
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