Why Solar?

In this modern age, we as a society seem to be gravitating towards modern ventures. Whether that means utilizing “smart devices” to replace household items, swapping out gas-powered cars for electric, or in this case, harnessing solar power to run our homes. Solar power has become an increasingly enticing option for those of us tired of overpaying for electricity. Since solar panels are an investment, it is worth taking a look at the benefits of transitioning to this modernized option of powering your home.

It’s important to consider that solar-powered energy has associated costs and benefits and that the benefits may vary from home to home. House size, square footage, and even home address and location can all play into how much benefit you stand to gain from making this transition. For anyone considering making this move, we’ve compiled a list of ways that solar panels can complement your modern lifestyle.

Solar power lowers the cost of your electric bills.

While the amount of savings you’ll collect depends on the amount of energy that your solar system is generating, you will draw power from the utility grid at a lower-priced rate with solar power versus traditional electricity. This means you’ll likely be looking at minimizing the cost of your electric bill down to the minimum payment. Studies have shown that on average, Americans save an average of $44.00 – $187.00 across larger cities. This savings was noted monthly during just the first year of ownership. Many U.S. states have begun rolling out impressive incentives and tax breaks to entice homeowners to make this switch. This means that the cost of solar panel installation has decreased as well.

Solar power minimizes the carbon footprint you leave behind.

With air pollution becoming a growing issue, it is important to consider the environmental benefits of solar energy. In many Eastern areas, deaths from air pollution are at an all-time high and will continue increasing if we do not intervene. Solar power has a notable influence on carbon emissions and pollution. A residential solar panel system can power an entire home at 80% lower carbon emissions. This allows for a decrease in fossil fuels such as coal. Fossil fuels produce excessive amounts of carbon dioxide and methane that lead to climate change and decreased air quality. The good news is that the power supplied via solar panels to your home can lower your home’s carbon footprint by over 3,000 pounds a year.

Solar power has the potential of increasing your home’s resale value.

Your property value is bound to increase exponentially when you install a solar power system in your house. When you are ready to sell your home that boasts solar power, you will find that buyers are happy to pay more for homes with solar power systems installed. This will allow you to list your home in a way that can lower your capital gains taxes. Not only will solar power ensure lowered monthly electric bills, but it will provide a return on investment as well. A study revealed that buyers were willing to pay upwards of $15,000 more for a home equipped with solar panels.

Whether your goal is to decrease your monthly spending on electric bills, improve your carbon footprint and become more environmentally friendly, or increase your home’s value with a return on investment, solar-powered energy appears to be the new wave of the future. It’s no wonder that as of just a few years ago, 176 gigawatts solar panel energy sources were installed across the globe. With benefits like these, we suggest you take a closer look at how solar energy can benefit you and your home.