How Can Solar Energy be Used?

While solar energy systems can be a bit pricey up front, they save you money on your monthly utility bills. In the long run, they are an excellent long–term investment.

Solar energy has become a sustainable and cost–effective energy alternative for homeowners who wish to be free from rising utility prices. Electricity prices sourced from utility companies increase an average of two percent annually. With solar energy, you can stabilize the price of your electric bill and protect yourself from future jumps in electricity costs.

Solar energy panels can reduce or eliminate electricity bills, meaning that homeowners can increase their property value simply by installing panels. Homes with solar energy panels often sell for more than homes without.

With solar energy, you can gain energy independence by producing, using, and essentially “owning” your power while cutting out the additional fees of power sourced from utility companies.

Solar panels are meant to work in every climate, and they are almost always a smart investment for homeowners, especially in areas with state solar incentives and access to good net metering policies. While some homes are not functional for solar, it is worth finding out whether your home is solar suitable.

As mentioned above, many states offer state solar incentives and tax benefits to qualifying homeowners. The federal solar tax credit, also known as the Investment Tax Credit, also offers homeowners a tax credit equal to 26% of the total cost of a solar panel installation. Before going solar, research what you can save through rebates and incentives available in your area.