Today’s the best time to invest in renewable resources and eco-friendly solutions for your home.
Innovations to help combat the global rise in temperature, plastic pollution, wastage, and more can be seen everywhere.
Some simple examples are ditching the use of plastics, being conscientious of products that you use and one of the most emerging practices is converting to using solar energy for homes.
The latter has the most significant impact of all since it reduces your use of “dirty energy” significantly.
For those that are new to the conversation about solar power, here are some fast facts:
- As long as the sun shines, you’d be able to accumulate energy from it with your solar panel system.
- You can profit from it!
- It’s become more accessible to people because of zero-down installment plans or shared solar with your neighbors called community solar.
- Solar panel costs have fallen 99% since 1977 due to continuous improvements and investor interest in the endeavor.
We’re not done yet! To further provide proof of how a solar panel is beneficial for you, read more below:
1. Save on electricity bills!
You can offset up to 90% of your home’s energy use with a solar panel system.
If you live on the grid, your solar PV system still needs to be connected to the local energy company. However, the installation of a solar panel system in your home will help lower the cost of your bill because you’re already collecting your own energy from the sunlight.
2. Reliable energy source
Electricity fluctuations have become more common nowadays due to the extreme weather that we experience.
With the help of solar batteries, you can store energy from the solar power that your panels produce and power some of your appliances during outages.
The truth is, when the power from the grid goes down, your system will also shut off to reduce risks for utility workers. But on the bright side, having solar batteries will mitigate the discomforts that you may experience during these situations.
3. Very easy to maintain
It’s a common misconception that solar panel systems are hard to maintain. No.
Once they’re mounted and installed, you’re good to go. You can clean them from time to time by hosing them down and removing some debris.
In addition, if they’re mounted on your roof, they can also protect your roof from wear and tear since it provides cover.
4. Save and earn money with government incentives!
Aside from a zero-down payment plan, government incentives are readily available to solar power users.
Once you install a solar panel system on your home, you’re eligible for a 30% tax credit thru the Inflation Reduction Act.
To add to that, households can earn from their solar energy by way of Solar Renewable Energy Credits (SRECs). For every 1,000 kilowatt-hours (kWh) that your solar panel produces, you have 1 SREC.
The SRECs that you accumulate can then be sold to local utility companies thru a broker. Do note that the price of an SREC is dependent on supply and demand, similar to how the stock market works.
5. A great help to the environment
By switching to solar panels, you greatly reduce your carbon footprint. In Virginia, the state has vowed to use clean energy by 2050, further pushing the local utility companies to produce more clean energy.
Be at the forefront in making the switch to help the environment.
There’s never been a better time to become a solar panel user! Not only will your wallet thank you today, but you also reap the benefits of having clean energy powering your home for the next 25 years and more.