Many people switch to solar power to help the environment, but there are many benefits that most don’t realize initially. If you’re still undecided, that’s okay. It’s normal to be skeptical about the new and unknown. However, solar power has been developing for decades, so it’s more beneficial and reliable than ever!
From reducing your carbon footprint to reducing your tax bill, solar energy helps the environment, the community, and your wallet. So in this article, you’ll learn how you can benefit from switching to solar power and your essential contribution to society.
A Great Way to Reach Your Green Goals
Switching to solar power is one way you can significantly lower your household’s carbon footprint. Burning fossil fuels to create electricity contributed 25% of carbon emissions in the United States in 2019. If everyone switches to solar energy sooner, we may not have to worry as much about the scary effects of climate change.
Increase Your Home’s Value
Solar panel installation is considered a renovation that can significantly increase your home’s value by thousands of dollars. Plus, you’re likely to sell your house quickly when you have something as sought out as solar energy. So potential buyers will jump at having this upgrade without paying installation costs. But, of course, the amount of money depends on the size of your solar system, so you’ll have to seek the help of a professional to give you an accurate valuation.
The tax incentives for buying a solar system are significant, and it’s an often overlooked benefit. However, you should be aware that the tax laws are constantly changing. The solar tax credit expires in 2024 unless it’s extended. In addition, solar power will be the standard in the future, and there may not be savings available at that point. So you should take advantage of the benefits while you can!
Save Money on Utilities
The price of traditional electricity often fluctuates unpredictably and significantly, which can get annoying when your bill suddenly doubles. So when you invest in solar panels, your utility bills can dramatically drop because you’ll be powering your home with free, clean energy. However, the solar vs. grid power ratio will affect the savings amount. The more panels you have, the more significant the savings.
When your solar panels create excess electricity, you can send power back into the grid. Therefore, some utility companies have a metering program that adds credit toward your next bill as compensation for your contribution. So, you’re essentially getting paid for using solar power if you can take advantage of the program.
Contribute to the Economy
Did you know that you’ll benefit the community when you use solar energy? When you switch, you add to the economy by contributing to the demand for solar panels. This creates jobs in the industry that companies need to keep up. Plus, solar power may just be the primary energy source in the future, so jobs in the traditional energy sector may be non-existent. Therefore, creating employment opportunities in clean energy can help offset this loss significantly.
You Can Have More Reliable Electricity
Traditional electricity is well-known for failing during storms. However, if you have significant battery storage and the right number of solar panels, you don’t need to worry about your power going out. This is a substantial benefit for those living in areas prone to high winds and severe thunderstorms. So you can still cozy up under a blanket and binge your favorite show from the comfort of your home when the weather acts up.
Solar Power is Affordable
Society once considered residential solar panels a luxury, and some people still find them quite expensive. However, with the increased demand for green living, most companies offer payment plans to make it more accessible to lower-income households. Plus, as solar power evolves, manufacturers will find more cost-effective production methods to make it cheaper for everyone.
Solar Energy is Safe
Some traditional utility companies are worried more about their money than the well-being of the planet we inhabit. It’s almost like they don’t realize or care that we need to keep the Earth in top shape if we want the human race to survive. So some people have been creating misinformation about the safety of solar panels to scare people out of installing them. However, solar power is safer than fossil fuels because it doesn’t release harmful gasses into the air that we breathe.
If you’re searching for reasons to switch to solar power, there are many benefits that you may not have realized before reading this article. For example, you’ll help protect the environment from the dangers of climate change, save loads of money on taxes and utilities, and even boost the economy by creating jobs in the clean energy sector.