Only 6% of homeowners in the United States have already installed solar panels. Another 46% say they have considered solar panel installation at their home in the last year.
Those who chose residential solar panel installation and the long-term pay-me-forward nature it offers were wise.
At the end of 2020, the individual federal tax credit for solar installations is going away. The good news is that many states and municipalities still offer incentives and tax credits to offset the up-front costs of solar panel installation.
If you’re still wondering whether solar energy is a good fit for your home or business, read on. Below is a list of some of the biggest benefits of going solar.
- Tax Credits and Incentives
There are many big benefits to going solar this year, one of which is the tax credits and incentives available to those who make the switch. The federal government offers a tax credit of up to 30% of the cost of installing a solar energy system, and many states offer additional rebates and incentives.
These credits and incentives can make a big difference in the overall solar panel cost and they make it an especially attractive option this year.
- Decreased Energy Bills
Solar energy is a free, renewable resource, and it’s becoming more and more affordable to harness its power. The average U.S. home uses around 900 kilowatt-hours of energy per month.
Solar systems can offset a portion or all of that energy usage, resulting in dramatic savings on your energy bill. In some cases, solar panel owners have even been able to sell back excess energy to their utility companies.
- Increased Home Value
Home values are on the rise, and going solar is one of the best ways to increase your home value. A solar system can increase your home value by up to $20,000, according to a study by the National Renewable Energy Laboratory.
Solar panels are a great investment, and they can help you save money on your energy bills. Going solar is a great way to make your home more valuable and energy-efficient.
- Environmental Sustainability
Solar panels are a great way to reduce your carbon footprint, as they produce clean, renewable energy. Solar panels also increase the value of your home and can save you money on your electric bill.
Also, solar panels help create jobs in the solar industry and can improve the health of the environment by reducing air pollution and water usage.
- Save Money and Get Paid for It
If you are looking to save money on your energy bill, then solar is a great option. Not only will you save money, but you will also get paid for the electricity that you produce.
With the new net metering laws in place, you can actually make money by going solar. So, if you are looking to save money and get paid for it, then going solar is a great option for you.
If you’re looking for a solar system that can save you money, a company such as Blue Raven Solar could be the right fit for you. It can help you live a better life as a homeowner by lowering your energy bills and providing a world-class customer experience through a dependable sales process and a quick, high-quality installation.
The Advantages of Going Solar
Solar energy is a great way to save money on your energy bill, and it’s also a great way to help the environment. This year, there are some big benefits to going solar, and you should definitely consider it.
With solar energy, you’ll be able to save money on your energy bill, and you’ll also be doing your part to help the environment. So, what are you waiting for? Go solar this year and start saving money and the planet.
Now that you’ve learned about the benefits of going solar, make sure to check out some of our other posts to learn more about solar energy!