Is Home Solar Energy Worth It?

Reduced energy bills, investment incentives, tax credits, energy buyback programs, and a solid return-on-investment, are all solid financial reasons why home solar energy systems are worth it. But solar also has environmental, health, security, and sustainability benefits. If you’re thinking about solar energy for your home, you can find many reasons to make the move.

Today’s Home Solar Energy Systems Are More Affordable

Drive around your city or town, and chances are, you see a growing number of solar panels on the roofs of homes and businesses. Over the last decade, the cost of solar panels has dropped significantly, making it more accessible for more homeowners. This decline in prices, combined with technological advancements, has made solar a real alternative to the traditional energy sources many people have relied on for years.

Solar Energy is Cheaper than Traditional Energy Systems for Your Home

Just how much you save when you use solar energy instead of traditional energy sources depends on a variety of factors from where you live to your average energy consumption to the time of year. But most homeowners see their electric bills decrease after their solar energy system is installed. In fact, there may be months when your electric bill is zero.

Tax Credits for Home Solar Energy Systems

You can dramatically reduce the cost of a new solar installation for your home by claiming a tax credit from the federal government. The Residential Clean Energy Credit through the IRS can reduce your costs by up to 30 percent for new, qualified solar systems if installed any time between 2022 and 2032.

Solar Energy Buy-Back Programs for Homes

In addition to federal financial incentives, many states allow homeowners to sell energy back to the grid. For example, if you live in Pennsylvania, the Solar Alternative Energy Credits program allows you to sell energy back to utility companies. And in a state like New Jersey, utility companies are required to provide net metering to residents so homeowners can earn money from the excess energy their solar system produces.

Home Solar System Return on Investment

A solar energy system is a large investment, but you recoup the cost over time. You can expect to see a return on your investment in seven to ten years. Exactly when your solar energy system pays for itself depends on several factors including:

• System Size
• Initial Cost
• Tax Credits
• Rebates
• Electricity Costs
• Panel Efficiency

With ShopSolar.ai, the potential to get an even faster payoff and return on investment may be possible. Get your free quote here.

Lower Home Maintenance Costs with Solar Energy

Solar energy systems require far less maintenance than traditional systems. They are safer, cleaner, and more reliable in the long run. Your solar panels may need occasional cleaning, and inverters may need eventual replacement, but traditional systems are more costly and complicated. For example, oil-based systems demand constant upkeep, fuel monitoring, and mechanical repairs. There are tanks, pumps, engines, burners, pipelines, and filters that need to be routinely inspected, maintained, and repaired.

Environmental Benefits of Solar Energy Beyond the Home

For all the financial reasons solar is worth it, there are also environmental factors to consider. Unlike finite fossil fuel energy sources like coal and gas, solar energy technology doesn’t produce pollution or greenhouse gases when in operation. Reducing these pollutants can help prevent environmental and health consequences now and into the future. Solar energy also reduces our overall carbon footprint and saves our country money on the damage traditional energy causes. On average, the typical residential solar system offsets more than 100,000 pounds of CO2 over its lifetime. Plus, traditional energy sources use a lot of water that solar doesn’t require. As more homes adopt solar, the strain on the local electric grid decreases, improving energy reliability and reducing the risk of blackouts and poor energy availability.

Home Solar Energy Systems Are Easy to Adopt

Switching to solar energy is simpler than ever. With advancements in technology, streamlined installation processes, government incentives, and affordable financing, you can quickly transition to clean energy. Most solar systems require minimal maintenance, operate silently, and integrate seamlessly with the existing power grid. And solar panels have long lifespans, ensuring lasting benefits. Solar is a hassle-free, sustainable energy solution that reduces environmental impact while increasing energy independence. And once your system is up and running, you don’t have to do much of anything except watch the savings roll in. From both an environmental and financial standpoint, solar is well worth it. Ready to go solar yourself, or simply want to learn more? Give us a call today at (866) 50-SOLAR or book an appointment here.