The Benefits of Installing Solar Panels
Benefits of Going Solar
There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware of the fact that solar is a great way to stop renting electricity from their utility company and are eager to reduce their carbon footprint while also improving property value. Whether your motivations for going solar are personal, environmental, or economic, these are the main benefits that everyone is motivated to go solar.
Drastically reduce or even eliminate your electric bills
Earn a great return on your investment
Protect against rising energy costs
Increase your property value
Create jobs and help your local economy
Protect the environment. But in reality, the main benefit of going solar homeowners are enjoying is saving money. And a lot of it. Here is why. Average solar panels system cost is $15,000.00
30% Federal Tax Credit covers $4,500.00
In Illinois, Renewable Energy Credits would pay homeowner for produced electricity about $600.00 per year
Annual electricity savings $1,200.00
So, if you do the maths, it will take about 6 years to see the return on investment. WOW. After that, every month is a payday. Yes, after all these financial benefits are calculated, and paid into to the solar loan, life is good after that. The above figures are examples only, each home is different and each home will experience different benefits. Having said that, the most solar systems production warranty is at 25 years today, your total profit by going solar in 25 years would be about $13.800.00. See if you can get that return on investment in stocks or anywhere else for that matter.
So in short, going solar is beneficial to almost every homeowner, the return on investment is absolutely phenomenal and the best part is, if you really look at it the right way, solar panels system does not really cost homeowners a penny. It is paid for by incentives and savings itself.
Should you have any questions about benefits, please do not hesitate to contact us at 1.844.SOLAR.02 | 1.844.765.2702 or email us at email@example.com
Solar energy is the cleanest and most abundant renewable energy source available, and the U.S. has some of the richest solar resources in the world. Solar technologies can harness this energy for a variety of uses, including generating electricity, providing light or a comfortable interior environment, and heating water for domestic, commercial, or industrial use. More energy from the sun falls on the earth in one hour than is used by everyone in the world in one year. If you like the thought of contributing to the efforts of making the earth a better place to live, or if you like money, you’ll love solar energy. There is a myriad of great reasons to install a photovoltaic solar power generation system in your home or commercial building, here are a few. A solar energy system adds to your property value without adding any tax liability.
Home-based solar power is a quiet, nearly maintenance free, continuous source of electricity.
Solar electric systems reduce pollution and CO2 emissions by generating electrical power using radiant Sunlight that can replace electricity that comes from coal-fired electrical plants.
Many states including Illinois, California, Massachusetts, New Jersey, Maryland, Texas and Arizona offer $0 down installation plans that immediately lower your electric bill and cost nothing to install or maintain. Solar power systems generate electricity at peak power usage times (during the day) when the value and cost of electricity are the highest. Modern grid-tied home solar power systems can use the cheap rate grid power at night and reduce or eliminate the need for the high rate electrical power during the day. Home-owners can actually push power back into the electrical grid during the day and run their meters backward which it generates energy credits and even capital. Imagine your electric company sending you a check every month instead of a bill! Sounds too good to be true? It happens every day in America.