Face it, solar energy is definitely the future trend of energy. Nowadays, many households and institutions have converted their home to be powered solely by solar power, reaping all the advantages offered by the precious sun.
In 2016, there were only 1 million solar installations in the United States. In 2019, the number of installation stands at 1.9 million, and experts forecast 4 million installations by 2023.
What is Solar Energy?
Solar energy is obviously the power provided by the sun. Technically it’s harnessed through technology called photovoltaic (PV) cells, which turn sunlight directly into electricity.
If you’re on the fence about using solar power, now is the best time to join the clean energy revolution. But switching to solar is much more than joining a revolution. You stand to reap a number of benefits.
Here are the various ways you can benefit from the advantages of solar energy.
1. Lower or No Energy Bills
On average, you spend over $1,100 on powering your home every year. This might not look like a lot, but compound it over a decade and you’re looking at a cool $10K.
Can you imagine what you can do with a few extra thousands in your pocket?
Well, with solar energy, you have the power to significantly reduce your electricity bills or even eliminate them. When you install solar panels on your home or business premises and use solar power exclusively, no one will send you any energy bill!
You’ll only need to spend on period maintenance of your solar power system.
2. Save on Installation Costs
One of the best ways you can benefit from the advantages of solar energy is through lower installation costs.
The federal government has implemented the Solar Investment Tax Credit, which enables people to deduct up to 30 percent of solar installation costs from their taxes. This percentage reduces as the years go by, so take action now.
Look around for the best solar companies and find one to connect your home to the solar grid.
3. Reduce Your Carbon Footprint
There are many ways how you can help our planet: going vegan, switching from car to bike, using fewer planes, buy second hand, carry your own bottle… Installing solar energy is maybe more costly at the beginning, but you will benefit from it long term
82 percent of Americans believe carbon emissions fuel climate change, and most of them want to conserve the environment.
If you’re among these people, using solar energy is one of the most effective steps you can take to reduce your carbon footprint. You see, solar power is 100 per cent renewable, but there is more.
When you stop using power generated from fossil fuels, you’re helping the planet.
As more people switch to solar, the demand for fossil power will go down, meaning fossil power plants won’t have to produce as much energy as before. Consequently, carbon emissions will decrease.
4. Increase the Value of Your Property
If you’re a homeowner, you want your property to keep gaining value, right? In the future, you might want to sell it or even take out a home equity loan.
Installing solar power on your property can help increase its value. With more people becoming environmentally friendly, the demand for energy efficient homes keeps rising. In fact, buyers are often willing to pay more for solar homes.
Those Are the Ways You Can Benefit from the Advantages of Solar Energy
Solar power is all the rage, but if you know little about clean energy, you might not see any value in switching. But now that you know the various ways you can benefit from the advantages of solar energy, we hope you’re convinced it’s time to switch.
Stay tuned to our blog for more tips and insights.