You’ve probably noticed a growing number of homes in your neighborhood that have opted for a solar panel installation. Solar panels have been around for a long time.
However, now that the demand for green, renewable energy is increasing, solar panel costs are at an all-time low. As such, more and more homeowners are jumping on the solar panel bandwagon.
But is it really worth it to invest in solar panels? We think the answer is an obvious yes. Take a minute to learn how a solar panel installation could be one of the best investments for your home.
Less Impact on the Environment
One of the most important benefits of solar panels for your home is that they allow you to reduce your carbon footprint. The traditional method of creating energy (burning fossil fuels) is incredibly harmful to the environment. Over time, as our population has grown, the impact of carbon emissions has substantially impacted the ozone layer.
By switching to green energy, you can mitigate your impact on the ozone layer and do your part to protect the planet. It may not seem like much, but imagine if everyone took small steps. The collective effect would be astronomical.
Lower Energy Costs
When hiring a solar panel company, one of your top concerns is going to be solar panel pricing. After all, you’re still a homeowner looking to make wise financial investments.
As mentioned earlier, solar panel prices are lower than ever, due to the rising production rates across the world. Just as importantly, they can save you tons of money on your energy costs.
Did you know the average homeowner pays $115 per month for electricity? Wouldn’t it be nice to lower or eliminate that monthly bill?
Increased Home Equity
If your overall costs are still a concern, you can rest easy knowing that solar panel installation can significantly increase the value of your home. People all over the country are learning how beneficial it is to have a home powered by solar energy. As such, buyers will be willing to pay much more for a home if it’s already equipped with a solar system.
If you never end up selling your house, you can use the extra equity to refinance, pay off debt, take out a HELOC, and more.
Valuable Tax Credits
The government knows that we are desperately needing a change in terms of energy production. While there’s still a lot of money in fossil fuels, it won’t be long until our reserves run dry. The more people who convert to solar energy now, the easier it will be to make the transition.
Therefore, the government offers major tax credits to homeowners who invest in solar panel installation for their homes. You can recoup over 20% of your initial costs by claiming your expenses on your taxes this year.
To get started, check out Blue Raven Solar for the best solar panels. You can also find more information here about your costs, tax returns, and other benefits of solar panels.
Are You Considering Solar Panel Installation?
Is a solar panel installation something you’ve been thinking about? If so, we recommend taking action now to take advantage of the tax credits, lower energy bills, and all the other advantages of residential renewable energy.
And if you’re looking for more tips on homeownership or consumerism, stick around for a while check out some of our other articles. Our blog covers a wide variety of topics to help people like you live happier, healthier, and more successful lives.