Not too long ago, solar panels were expensive and unsightly products that only a select few could afford. Today’s products come in a variety of styles and price points. If you’re considering solar panels for your property, take a look at their main benefits.
Helping the Environment
Using electricity from the grid requires the burning of fossil fuels. When you add solar panels to your home, there’s one less customer demanding this non-renewable energy. As a result, fewer greenhouse fumes enter the atmosphere.
Saving Money
The main benefit seen by homeowners after an installation is cost savings. An electric bill that used to cost hundreds of dollars can drop substantially. You may also be able to claim a tax credit for “going solar.” This benefit tends to be the main reason why homeowners decide on panels.
Increasing Home Value
If you’re planning on selling your home in the next decade, adding solar panels to the roof may actually raise the property’s value. Buyers visiting the home will see the panels right away, and they understand that their energy bills will be lower as a result of this installation.
Ask your neighborhood real estate agent about an appraisal after installing the panels. The value might surprise you.
Earning Incentives
Another benefit to residential solar panels is the incentives. Many cities and states offer rebates and other monetary funds to encourage these installations. Solar panels reduce the overall strain on the electrical grid, so the local government wants to reward you.
As mentioned previously, look out for rebates and tax incentives as you research a potential installation. Your net cost for the panels might be reduced after all the incentives add up.
If you’re interested in going solar, contact a local licensed contractor!