As the world shifts toward more sustainable and renewable energy sources, solar is taking center stage. You may have neighbors who have it or come across homes sporting solar panels and wonder if it makes sense for you. If you’re considering solar for your own home, check out the 7 benefits of solar energy as you weigh the pros and cons.
1. Lower Your Utility Bills with Solar Power for Your Home
Energy prices are on the rise across the country and it doesn’t seem to matter the time of year. But solar costs less than traditional energy sources. With solar, you can actually generate your own electricity, reducing the need for traditional external energy sources, which translates into savings. Solar power has now been deemed the cheapest electricity in history, with large cost savings for the people who use it. Plus, as traditional electricity prices rise, your solar energy costs remain predictable and stable.
2. Solar Energy for Your Home Is Environmentally Friendly
Solar power is one of the most eco-friendly energy sources available. Unlike fossil fuels, which release harmful pollutants into the air, solar energy produces zero emissions during operation. Solar energy doesn’t contribute to air or water pollution and provides clean power to homeowners and businesses.
By investing in solar energy, you reduce your carbon footprint and help decrease our reliance on finite energy sources like coal and natural gas. The environmental benefits of solar are significant.
3. Get Financial Incentives When You Choose Solar
The investment of a new solar energy system for your home is more affordable than you may think. You may be able to access credits and incentives. The federal solar investment tax credit (ITC) may cover up to 30% of the installation cost, while some states, like New Jersey and Pennsylvania, provide additional ways to save when you install solar. Check to see what’s available in your area, as opportunities differ by location and may change over time.
These incentives make solar energy more affordable for all types of consumers, including residential, commercial, and industrial users. Additionally, many businesses that install solar systems can take advantage of depreciation benefits and accelerated tax incentives.
4. Achieve Energy Independence with Solar Energy
Imagine stepping off the grid and not needing to rely on the whims and escalating costs of gas and oil companies? Solar power gets you closer to energy independence. Solar energy allows you to generate your own electricity and reduce dependence on local utility companies or fossil fuels. You may also generate more energy than you consume. This means you can sell the excess energy back to the grid to power other things in your area and get paid to do so. As energy prices fluctuate, solar energy offers more stability and predictability, providing you with greater control over your energy future.
5. Solar Energy Home Systems and Return on Investment
Your solar panel installation can deliver long-term financial savings over time. On average, solar systems pay for themselves in 5-10 years, but there is the potential to see a return on your investment even sooner. And once you’ve recouped your investment, the energy generated is essentially free for the remainder of the system’s life (typically 25 years or more).
ShopSolar.ai offers competitive pricing that reduces overall cost. The only time there is any upfront cost is when a customer chooses to pay cash for their system. With ShopSolar, that initial deposit is 30% of the total cost of the system. Although, our competitive pricing minimizes that initial cost. But when a customer opts for financing via our Sunlight Loan products, and qualifies, there is no money out of pocket whatsoever to get started.
6. Achieve a Higher Resale Value for Your Home with Solar Energy
Having solar at your home won’t just lower your energy bills; it can also increase your home’s value. Many buyers view solar panels as a “home upgrade” and homes with solar tend to sell faster than homes without solar.
7. Versatility in Solar Energy Applications
Solar energy isn’t just for homes. It’s a versatile energy source that can be used in various applications, from residential to commercial to industrial. Large solar farms generate power for entire communities, while solar panels on buildings can power everything from small businesses to factories. Solar energy is also used to power satellites and remote areas, providing off-grid electricity where traditional infrastructure might not be possible. This adaptability makes solar energy a crucial component of a diverse and sustainable energy grid worldwide.
Ready to Go Solar?
Whether you’re wondering if solar is worth it or are ready to make the switch to solar today, ShopSolar.ai is here to help. With growing incentives and decreasing installation costs, there’s no better time to explore how solar can transform your energy use and costs. Enter your address on the form to find out if you’re ready for solar energy for your home.
