Residential solar energy is a highly discussed and crucial topic. The integration of solar power into the electric grid has experienced significant growth, with approximately 3.2 million households in the United States already generating electricity via solar energy.
This environmentally friendly energy source enhances the electric grid’s reliability and allows solar homeowners to save money and increase their property’s value. With the abundance of information surrounding solar energy, this post emphasizes five key advantages of solar panels in your home. So, read on.
1- Solar Panels Are Incredibly Affordable
Residential solar panels have become increasingly affordable, thanks to the extension of the federal residential solar tax credit. Homeowners can now claim a 30% tax credit on the expenses related to their solar systems when filing their income taxes. Installing the solar panels before 1st January 2033 is crucial, as the tax credit will reduce to 26% afterward.
Moreover, various financing alternatives are available to help you purchase solar systems with lower upfront costs. Typically, the monthly payments for a solar loan are lower than the average utility bill.
2- Minimal Impact to the Environment
Harnessing solar energy to power your home positively impacts the environment compared to conventional energy sources. Traditional sources such as coal, oil, and natural gas contribute to greenhouse gas emissions, air, and water pollution. They also generate hazardous waste, posing significant environmental concerns.
Additionally, it is crucial to recognize that these conventional energy sources are finite and depleting rapidly. This reduction makes it an ideal moment to transition to solar power as a sustainable energy solution for your home. By installing solar panels in your home, you can take the initial stride towards environmental preservation while benefiting from long-term cost savings.
3- Reduce Utility Bills
Most homeowners install solar systems primarily to reduce monthly utility bills. The substantial savings realized on these bills can bring phenomenal satisfaction. While the initial solar panel installation cost may appear daunting, this investment’s long-term benefits and savings are undeniable. By embracing solar energy, you can eliminate your monthly electric bill and allocate those funds toward other essential expenses.
4- Enhance Home Value
Installing a solar energy system can actively increase your home’s value. A study by Berkeley National Laboratory found that home buyers nationwide have been willing to pay a premium for homes with an average-sized solar array. These buyers consider solar panels as valuable as other upgrades like a renovated kitchen or a finished basement.
5- Solar Panels Work in All Climates
Sunshine is the only thing that solar panels need to generate electricity. Despite the reduced daylight hours in winter, ample sunshine is available to power an average American home. This aspect makes solar energy viable even in regions with long and cold winters like Alaska. Indeed, solar panel manufacturers commit themselves to ensure the devices’ resilience and durability in all regions, irrespective of weather conditions.
Now that you have learned about the surprising benefits of solar panels to your home, you can guess why most individuals are opting to harness clean electricity from the Sun. It is hard to resist utilizing something that benefits you in countless ways.