Reduce Your Utility Bills With a Solar Home System
The solar energy industry is booming, thanks to a 30% federal investment tax credit and falling solar panel prices. With the right system, homeowners can cut their electricity bills by generating their own power.
There are many benefits to going solar, including increased home value and lower utility costs. However, installing a solar system requires a significant upfront investment.
Cost Savings
Depending on the size of your home, your energy consumption, and your location, going solar can offer significant savings. Combined with the 30% federal tax credit and state incentives, homeowners on average can expect to break even on their investment within seven to 12 years.
A solar energy system can reduce or even eliminate your electricity costs. Additionally, a home with solar power is environmentally responsible. By reducing dependence on nonrenewable fuels such as coal, solar systems help prevent the release of harmful greenhouse gases into the atmosphere. The environmental benefits of solar are even greater when you add an optional battery to your home system, which will store excess solar energy for use at night or during outages and natural disasters.
The cost of the solar system and installation will vary, but with a few factors in mind, you can get an idea of how much you might save by using online calculators. However, these tools only provide a general estimate and may not take into account your specific home’s energy usage or other variables such as nearby shade trees that could impact future performance.
As a result, the best way to get an accurate solar energy estimate SOLAR HOME SYSTEM for your home is to contact a local installer. They will be able to give you more detailed recommendations, estimates and equipment expertise. They will also be able to evaluate your unique home and energy needs as well as any potential savings from local government rebates, incentives or a PPA with your utility company.
Eco-Friendly
Energy-efficient appliances use less electricity to complete the same tasks, which lowers your overall energy usage. Upgrading to these appliances is one of the best ways to go green. Additionally, weatherization upgrades like insulating your home can drastically reduce your energy consumption. This stops heat from escaping in the winter and allows air to flow freely during the summer, so your heating and cooling systems don’t have to work as hard.
Solar power is a highly sustainable energy source, and it can be used to produce both electricity and water for your home. It is also a great alternative to fossil fuels, which are harmful for the environment. Solar energy is a renewable resource that will be available for generations to come. Additionally, it is a clean and green energy source, which helps to protect the planet’s ecosystems and promote healthy habitats for wildlife.
The majority of solar panel manufacturing processes rely on the chemical silicon tetrachloride, which is toxic to humans and 200-ah lithium battery wholesale animals. However, researchers are looking into alternative production methods to eliminate this harmful ingredient completely.
Grid-tie solar systems connect to the public electricity grid, and the utility company credits your account for the power you generate. This is known as net metering. Then when the sun isn’t shining, you draw power from the grid just as you would without a solar system.
Increased Home Value
A solar energy system is a great way to reduce your utility bills, but it also increases your home’s value. Depending on your location, you may be able to sell your home for a higher price than other comparable homes without solar panels, especially in areas with high electricity rates or solar incentive programs.
Additionally, according to a study conducted by Lawrence Berkeley National Laboratory, homes with solar energy systems sell at a premium of up to $4 per watt of solar capacity. This means that a solar energy system can add $15,000 or more to your home’s overall selling price when you are ready to move on.
This increase in home value is due to the long-term savings homeowners can experience. In addition, a solar energy system is environmentally responsible and helps to decrease the demand for fossil fuels, which are major contributors to climate change.
It is important to note that the increased home value offered by a solar energy system will depend on whether you own your system or choose to lease it. With a lease, you will need to transfer the contract with the energy company to the new homeowner and this can be a deterrent to some buyers. In addition, the condition of your solar system is also important to consider, as an old and inefficient solar energy system can be difficult to sell.
Peace of Mind
When you’re making your own electricity from the sun, you’ll reduce your energy use and lower your power bills. This is a great way to reduce your carbon footprint and help the planet. It’s also a great way to feel good about your home energy investment.
Many solar companies offer production guarantees, which means that they will reimburse you if the solar system fails to meet promised energy production levels for certain periods of time. This will vary between different solar companies, but typically they will compensate you in the form of credits towards your next bill, or a cash payment.
The peace of mind that comes with knowing your solar investment is protected helps homeowners sleep better at night. Extended warranties are available to cover costs for repairs or replacements that may occur after the standard manufacturer and installer warranties expire, giving homeowners financial security and protecting their investments.
Adding battery backup to your solar system allows it to continue producing electricity even when the grid is down. This provides a source of clean, reliable power for your lights, refrigerator and other appliances, as well as security cameras and more. Some homeowners choose to take it a step further and purchase multiple batteries to completely cut themselves off from utility power, relying solely on solar and battery storage for their electricity needs.
