6 Benefits of Getting Solar for Your Home
Going solar might be all the rage, but for good reason. Adding solar panels to your home have a lot of benefits, from financial to technological to environmental. We share our six favorite benefits that come from going solar.
1. Save Money
Perhaps the first benefit that most think of is the financial benefits that come from installing solar on your house. With solar power, you won’t need to rely on the local energy company for your electricity. Depending on how many panels you opt to put on your home, you might be able to eliminate your monthly bill completely.
There are a lot of options for how you chose to finance solar. From leasing the panels to owning them outright, each has different financial implications on how much money you’ll save on electricity every month. But, with the prices of solar dropping as efficiencies go up, chances are you’ll save money every month on electricity.
2. Get Smart
Going solar is another of many ways to embrace the smart technology movement. Solar energy is technologically advanced, and will often hook right in to other smart appliances and devices that you have in your home.
For example, you can set up smart home automation’s that reduce your power usage on cloudy days, when your solar panels aren’t producing as much energy. There are a variety of ways you can lean into smart technology through your solar power.
3. Increase Home Value
Solar power is an asset nowadays, and in most areas of the country, adds instant value to your home. For most American families, their home is their largest asset. Adding to this asset only helps your long term options, and is worth considering for another advantage of solar.
As time goes on, energy rates are only expected to go up. Having solar is currently viewed as an asset to home ownership, and should only become more and more valuable as time goes on.
There are still a wide range of government incentives for adding solar, ranging from the local to the state to the federal level. For many, the incentives will show up in the form of a lucrative tax credit. Some states also offer cash rebates and Solar Renewable Energy Credits.
Nowadays, there are even some energy companies that offer incentives and rebates for solar owners. Once viewed as the enemy of a power company, they are now beginning to embrace solar owners and leveraging it to their advantage. In the end, if done correctly, you can win with the incentives.
5. Save the Environment
Sometimes forgotten amongst all of the financial benefits and incentives, its easy to forget that installing solar on your home helps the environment. The amount of energy that is required in the United States comes at a cost, and that cost is the environment. Producing energy is contributing to rising global temperatures, among many other things.
Renewable energy, on the other hand, is slowly helping to reduce these effects. Solar energy is completely renewable once the panels have been installed, and you’re only relying on the sun to produce your power.
6. Off the Grid
For many, this last benefit is the best one. Adding solar to your home brings you one step closer to being “off the grid.” In other words, you’re no longer relying on someone else for your power, and you are self-sufficient.
This isn’t a given just by adding solar, as you’ll need a device that stores the power locally like Tesla’s Powerwall. However, the concept still remains, and is important for some.
For other’s, being off the grid is a necessity, and opens up new potential opportunities. If you’re looking to live in a rural area, adding solar and storing the power onsite means that won’t have to run power to your home. This can save you a lot of money and make some areas a lot more realistic to consider.
While there are so many benefits from installing solar power, these are our favorite six advantages. Solar can open a lot of doors for you, while saving you money and the environment. Good luck as you consider if you should get solar panels for your home’s future!