In recent years, solar energy has become increasingly popular. Harnessing the power of the sun and storing it in solar batteries has many advantages. As competition in this field of energy goes up, so does the quality of the systems themselves. If you’re pondering a switch to solar, whether for your home or your business, here are some of the best reasons to do so.
Substantial Savings on Electricity
Because the sun is a free source of energy, those who choose to install solar panels on their buildings experience a remarkable decrease in their electricity bills. This is especially true in climates where heat and light from the sun are consistent throughout the year. Yet even if you live in an area with cloudy days, you can still save with solar.
The long-term savings are the most substantial, given that electricity costs will continue to rise. Therefore, investing in solar panels can lead to a more fixed and predictable monthly expense. The greatest benefits in this sense are experienced by people who live in areas with higher than average electricity rates. Consider looking into solar power New Jersey to start saving.
Notable Boost in Property Value
It turns out that the energy savings of solar are very appealing in the real estate market. Reductions in electricity costs over time are a considerable perk for anyone looking to settle down. Meanwhile, for business owners, solar power may provide an uptick in overall reputation, based on the desirable sustainability factor of the system.
Recent research has demonstrated that buyers are willing to pay up to 4% more for homes with solar panels. It is important to note that this is only the case if you own your solar energy system and are not renting it out from a local company.
Significant Reduction in Emissions
If you seek to pursue a more conscious and sustainable lifestyle, solar panels are a wonderful way to start. A standard household in the U.S. produces up to 20 metric tons of carbon pollution annually, based on estimations from the Environmental Protection Agency. This happens because of the dependence of most utility companies on coal, gas, and other fossil fuels. Shifting to solar can have a serious impact in this respect; depending on the size of your home and your solar system, you may be able to decrease your emissions by up to 20%.
Awesome Return on Investment
Solar panels can pay themselves off as quickly as seven years after purchase. By sourcing your panels and installation crews wisely, you can maximize the energy potential of your property and its relationship to the sun. Be sure to look into local or state tax incentives, too! In less than a decade you will be powering your home or business with free electricity and enjoying the merits of a trustworthy renewable energy source.
Altogether, the potential gains of a good solar power setup are plentiful. Chances are, your future self will thank you for making the switch.