Top 3 Benefits of Going Solar

Top 3 Benefits of Going Solar

 

1.   Installing solar panels can help you save money on your energy bills

 

To begin with, installing solar panels at your home is extremely convenient when it comes to saving money that you could otherwise spend on electricity bills if you were using grid power supplied by the utility company.

Many homeowners are interested in installing solar panels on their homes as a way of saving money on electric bills and being more environmentally conscious. Installing solar panels is not expensive, relatively speaking, especially when you consider how much money they can save you over time. That's why more and more homeowners are considering installing solar panels as a great way to save money on energy costs.

In the US, a typical household spends an average of $100 to $200 on electricity every month. This can be attributed largely to heating and cooling demands and to appliances and electronic devices that use up energy in the home.  For homeowners who are interested in installing solar panels, there are several ways they can save money on their electric bills with this solution. You will spend less on your monthly bills because you are buying fewer units of energy. Additionally, the money that you spend on installation costs for solar panels is more than made up for in electricity savings over time.   Solar can reduce your electricity bills by as much as 40%.

You can also sell any extra energy you produce back to the grid.  Here is how it works:

As the extra electricity leaves your home, your electric meter is spinning backwards, instead forwards which reduces your overall electricity usage and the power company credits you for this power. Thus, at night or during winter months, when the solar panels are not producing enough energy, the homeowner can consume energy from the grid and use these credits to offset the costs of that energy provided by the power company. Depending on your power company, credits are totaled at the end of each month to offset actual usage, thus the “net” in Net Metering. Most power companies allow you to transfer unused credits at the end of each month to the next month. Since Net Metering is measured over a year, this allows the Homeowner to utilize the electricity, in the form of credits, you generated in low usage months to be used in high usage month. Thus, it is very important that your solar installer properly design your system to an accurate size.

It is important to note that your electricity bill may never be $0 because since you may still be required to pay a monthly connection fee to the utility to remain connected to the grid. This fee will vary depending on state and power company and this fee is used to maintain the utility’s infrastructure which is used for sending electricity to and from the grid.

In some cases, states only give homeowners a small percentage of what their solar panels produce.

 

2.   Solar panels are a great way to reduce your carbon footprint.

 

One of the largest contributors to global warming is carbon dioxide emissions. There are various ways that individuals can reduce their carbon footprint but one way that can save you money at the same time is by installing solar panels on your home's roof. Solar panels capture the sun's energy, allowing it to be used as a source of power for homes and Solar panels are making huge strides in cutting back on greenhouse emissions and reducing our reliance on fossil fuels to generate power. Solar energy has no emissions which means you'll be making a positive contribution to the planet -and reducing your carbon footprint in the process. We all know that energy sources like coal, oil and natural gas are not "renewable" resources which means they will eventually run out. Solar panels on the other hand harness the sun's energy, which is considered to be a renewable source of power that will never run out as long as the sun continues to shine. There is no doubt that we need more clean forms of energy- and solar power is one way of creating it.

Solar panels will help create green jobs by providing a supply of clean energy and one day, they could even become the world's largest employer. Solar panels produce zero emissions and create very few waste products in the process of producing energy. Even if you're not all that concerned about the environment, solar panels offer peace of mind when it comes to knowing that your home's power source is completely clean and free from greenhouse gases or any other pollutants. They're also viable options when it comes to saving money, which is why more and more people are getting solar energy services installed at their homes.

 

3.   Installing solar panels is a great way to increase your home's value

 

It's not just about saving money on your monthly bills; you can increase the value of your home by installing solar panels. The benefit is that it will increase the resale value of your home when you decide to move or upgrade in the future.  Once installed, solar adds about $20k to $40K+ to your home value on average.