Arguably, solar power is a more efficient source of power and also cost-effective. Installing solar panels into our homes is cheaper compared to investing in other options of fossil fuel. Electricity utility rates are high and keep rising significantly. Yet, solar panels allow you to access solar energy for free.
Installing a solar energy system in your homes is an excellent way of avoiding increases and fluctuations in electricity costs. Besides, the price of solar panels has dramatically reduced in the market. You can purchase affordable solar panels that will serve you for an extended period.
Of course, this being summer, sunlight will be abundant. However, you still rely on your solar panels in other seasons. Do the math and see how much you will save by using solar panels.
It is a renewable source of energy
Solar energy is free if you have installed your solar panels. The most interesting fact, however, is that solar energy is a renewable source of energy. Therefore, it will never get depleted no matter how long you depend on it.
The sun is available throughout the year, although, due to revolution, it may not appear in some parts of the globe for a short period. By installing solar panels, you will access solar energy as long as you want and enjoy it for free.
Eco-friendly
Solar energy is pure and clean from the sun. Therefore, it does not pollute the environment through greenhouse gas emissions or releasing harmful pollutants. Solar energy systems do not produce noise which could also be detrimental to the ecosystem.
By installing solar panels, you help save and maintain a healthy environment. Also, it is a great way to prevent environmental damages that would otherwise cause vital damages such as global warming. Solar energy is a renewable source of energy that ensures a decrease in water and air pollution, saving many lives in the world.
Reduces energy bills
Generating your electricity is very beneficial as it ensures you are not paying extra to an external supplier. The amount of energy you create each day will depend on the size of the solar panel system and the amount of sun available.
The more power you generate personally, the less you will be required to pay to the external supply. If the sun is sufficient, you can eliminate the cost and supply yourself power 100%. If you generate power in excess, you can sell it to other residents in your area and make money out of it. To sell solar energy to other users, you will be required to install a more extensive solar panel system.
It earns rebates and tax or cash credits
By installing solar panels, you qualify for tax breaks or incentives. To meet Renewable Portfolio Standards, Electricity Companies purchases solar credits from owners who have already installed them in their homes. RPS is a requirement in many states allowing homeowners with installed solar panel systems to earn solar renewable energy credit.
If you buy your solar panel outright, you will get a percentage off from the original price as a federal tax credit. However, if you purchase from a third dealership, you will not qualify for the federal tax credit. Additionally, you will receive cash rebates and cash rebates in your area to further reduce the cost.
Solar panels increase home value
Solar energy system helps to increase the value of your home. If you are looking to resell in the future, solar power and the benefits will easily attract a buyer. Thus, solar panel installation is an excellent way of getting better returns from your investment. Solar panels also protect your roof from elements that would destroy the roof's integrity, extending its life.
The increase in value varies depending on the property and the installation. However, if the bills are lowered or eliminated, and the new buyer can enjoy all tax incentives, a higher value is guaranteed. Therefore, solar panel installation is an environmentally friendly option to increase the value of your home.
It has diverse applications
There is no limitation on places you can install solar panels. People from urban and rural areas can install solar panels for solar energy. Remote locations, in particular, can use solar panels since they are convenient and there is no access to other options of power sources.
Solar energy generates both electricity and heat (thermal energy). It is, therefore, ideal for commercial and residential consumption for a variety of purposes. They are also used to generate power for satellites in space. Interestingly, solar panels can be integrated into roofing materials.
Low maintenance
Over the recent years, the prices of solar panels have dramatically reduced. Besides low buying costs, no other maintenance costs are expected. Generally, solar panels require constant cleaning to keep them in good condition. You can clean solar panels several times a year at a low cost or free. Besides cleaning the solar panels, no further costs are required for maintenance.
Reduce dependency on non-renewable energy sources
Non-renewable energy sources are quite expensive. Besides being depleted, they also cause water wastage and pollutants to the environment. Nuclear and hydropower are examples of energies generated using water. Non-renewable energy sources also release harmful products to the environment. This can lead to water scarcity and pollution.
Solar panel installation is a solution to the above problems. It is cheap and does not pollute the environment. It helps in improving human lives, water conservation and prevents adverse climate change.
Conclusion
There are various benefits to be considered when using solar panels. The total cost and payback, credit benefits included, should not be overlooked. Non-economic benefits such as increasing the value of your property and environmental benefits are important reasons to use solar panels in generating energy.
Besides the above benefits, other advantages for installing power include; creating employment for individuals specializing in installation and cleaning, improving grid security, reducing power loss over long distances distribution, and boosting power supply in high energy demand hours. Start saving today with Solar panels.
Disclaimer: This article is for informational purposes only and is not intended to be a substitute for professional consultation or advice related to your health or finances. No reference to an identifiable individual or company is intended as an endorsement thereof. Some or all of this article may have been generated using artificial intelligence, and it may contain certain inaccuracies or unreliable information. Readers should not rely on this article for information and should consult with professionals for personal advice.