Due to growing concerns about climate change and rising gas prices, more American homeowners are switching to alternative energy sources. Solar panels are becoming increasingly common across the nation and are a fantastic way to offset energy expenses and lessen your home's environmental impact. Additionally, they allow homeowners to support local companies and achieve energy independence. The fact that, according to Energy Sage, there were more than 2 million solar system installations in the US at the start of 2019 is proof that homeowners are using solar energy more frequently. This article seeks to outline key factors that make solar power the preferred option for American households.

Energy Bill Reduction or Elimination

The primary sources of electricity in the past have been fossil fuels like coal and natural gas. They are relatively scarce resources and are hazardous to the environment. This combination results in a market that is unstable, with daily fluctuations in energy prices. With solar panels, homeowners can cut their energy costs — and even possibly get rid of them altogether. The amount of energy saved will depend on how much energy is utilized and produced by the solar system, but solar power has allowed many households to drastically cut the cost of their energy bills. As a result, homes with solar power have access to affordable electricity and are self-sufficient in terms of energy. The likelihood of service interruption is also decreased by the durability of solar power systems.

Solar Energy Systems Are Environmentally Friendly

As a clean, environmentally friendly energy source, solar energy is a fantastic option for homeowners who want to lessen their carbon impact. Although manufacturing solar panels does take energy and non-renewable resources, using them doesn't require any additional resources. Gathering solar energy is a self-sufficient process, and adding solar panels to your roof is a simple, secure, and efficient way of demonstrating concern for the environment and support for a sustainable future.

Solar Energy Systems Operate in All Climates

Solar energy system manufacturing technology has advanced through time and is now more dependable than ever. Modern solar panels are made to produce electricity even on cloudy days. As a result, solar panels are functional in every part of the country. As solar energy systems become more efficient at gathering energy, more homeowners can use them to provide all the power their homes need.

Solar Energy Systems Are Affordable

Costs for residential solar energy systems have decreased as a result of advancements in solar technology and production. Prices for buying and installing solar panel systems are at their lowest level in recent years. There has never been a better time for households to switch to solar energy. It should also be noted that, aside from providing homeowners with sustainable energy, solar power is an investment that provides value for money. For the majority of US homeowners that desire to switch to solar energy, there are already significant financial incentives available.

Increase the Value of Your Home

Solar panels are seen as a home improvement comparable to a renovated kitchen or finished basement in terms of return on investment. Homebuyers are prepared to fork over more money for a residence with an average-sized solar system than for one without. When you put your house on the market, having a solar energy system might speed up the selling process.

Earn Tax Credits and Rebates

The majority of homeowners are unaware of the specific tax advantages that solar energy installations can actually provide. The primary tax benefit is the federal income tax credit, which reimburses 30% for the whole cost of the equipment and installation. For households considering solar energy, this federal tax credit offers a considerable incentive. Additionally, several jurisdictions provide renewable energy credits and incentives to households powered by solar energy. Many solar panels have a 25-year usable life and a ten-year warranty, so homeowners may generate free electricity and bonus credits for more than twenty years while paying back the investment in just three and a half years. These rebates and tax credits may cover up to 90% of the price of a residential solar power installation in some regions.

Switching to a solar energy system offers both financial and environmental benefits to most homeowners. With so many advantages, it's no wonder that so many American homeowners are choosing solar power. Don't hesitate to get in touch with us if you have questions about our solar power systems. Our team at Northwind Solar is happy to address all of your concerns and assist you with the purchase and installation of a home solar power system.