Did you know that we only have 28-years left until the planet’s support systems could collapse? The current climate crisis can bring an end to the life as we know it within a generation. But what can we do to slow down or even stop the process?
One of the best ways to reduce your impact on the environment is to get solar panels installed on your home. This will give you direct access to the sources of renewable energy available in your area.
The main thing you need to become energy independent is a great energy storage system. Given all the energy that you are likely to generate from your solar panels, you need a storage system that can help you with ready access to power whenever you want. This is an important part of the renewables energy puzzle that will truly help you become energy independent.
Going green is a must for everyone, but what are the benefits of solar energy?
In this article, we’ll look at how switching to solar power can save you money.
What is Sustainable Energy?
Sustainable energy is defined as energy that is produced in a way that meets the current energy needs without compromising the natural resources of the planet.
Typical forms of sustainable energy include solar, hydroelectricity, geothermal, tidal and wind power.
Let’s take a deeper dive into the benefits of solar energy.
Going Green With Solar Panels Can Save You Money
While having solar panels on your roof you become a green person that starts to respect the environment, and has a good balance in its bank account due to lower energy bills paid monthly.
Although you have to pay the initial price to have the solar PV system installed on your roof, you’ll no longer have high electricity bills like before.
To understand how much money you can save yearly, let’s see the following example.
Think about how much you pay for electricity bills every month today to see if you can save some money going solar.
The average US electricity bill is $115 per month. Based on these figures, over the course of a year, you could save an average of $1.380 if you bring your electricity bill to zero.
However, the higher the monthly electricity bills you pay today, the more money you can save by going solar.
Having Solar Panels Installed Will Increase the Value of Your Home
A solar panel system can save you money, and the people interested to buy your property (in case you want to sell it) will quickly understand that the future owner will do the same, so your home beside of being more expensive will also become more interesting to investors.
A solar PV system can last for decades on your roof, so at any point in the future when you will decide to sell the property, you will be able to recover some of your investment made in the solar PV system due to the increased value of the building.
Many home buyers will become interested knowing that you have solar panels on your roof, because they know that any system using renewable, clean and free energy is very welcome for the future home owner.
More interested in your property will be the home buyers looking for ways to minimize their carbon footprint while reducing the household expenses.
According to a recent research, solar panels can add an additional 4.1% to the value of your home. This is about $9,274 on the median value of a U.S. home.
Solar Panels Don’t Need Maintenance
As long as you get your solar panels installed by a reputable installation company such as Blue Raven Solar, you won’t need to worry about a future expensive maintenance service.
This is happening because solar panels don’t have any moving parts, therefore there is almost nothing that can go wrong with them.
In addition to the lack of maintenance, you won’t need to have them inspected very often for signs of damage.
All these things will keep the running cost of your solar panel system down to almnost zero, making it one of the best ways to produce clean electricity for free as a homeowner.
You Get Energy Independence
Once you have the panels installed on your property, you will become self-sufficient in terms of energy production. This means that if you combine the solar PV system with an energy storage system (a battery system) you won’t need to stay connected to the grid because you will produce your own electricity.
Living odd the grid, will save you the most amount of money because you will no longer receive energy bills from a utility supplier, and at the same time, you will no longer be affected by power outages (specific the the grid).
Solar Panels Make a Great Long Term Investment
One of the best things about having solar panels on your property aside from the great environmental benefit is that the longer you have them, the more energy and money will save you.
Once you have moved on from the initial outlay of buying your property, you’ll start to really save money by producing your own power.
Eventually, the PV system will pay for itself several times over. Once you’ve saved enough to cover the cost of the solar panel system, you’ll be able to bank all of your savings.
You Can Get Governmental Incentives and Tax Credits
Local governments generally want to help the citizens by going green. For this reason, they will very often offer incentives and tax credits that will help you out by reducing your innitial investment in solar panels.
Before you buy the PV system, check to find out whether you are eligible for any financial support as this may reduce the amount you pay to install it.
Solar Panels Will Help You Reduce Your Carbon Footprint
In addition to the financial benefits of having solar panels on the roof, there are also several strong environmental benefits related to solar panels.
While there are many ways to generate greenhouse gas emissions daily, electricity production from fossil fuels is one of the worst offenders.
By completely reducing the large amount of electricity produced in conventional power stations that burn fossil fuels day and night, we have to reduce the consumption of conventional power. Installing a large number of solar panel systems on every household in the U.S, can reduce the amount of greenhouse gas emissions produced by households by around 48-tonnes each year.
Solar Panels Are Great for the Environment
In addition to reducing your carbon footprint, you’ll also be reducing the amount of smog and air pollution produced in your area. We all know that burning fossil fuels to produce energy causes air pollution on the planet.
By switching to solar energy, you’ll be minimizing your impact on the environment.
Other sources of energy (nuclear) require a huge volume of water to generate power, and in many areas of the planet, the clean and fresh supply of drinking water is in scarce supply. Solar panels don’t consume water to produce energy, which means that installing them on your roof will help you conserve water.
Conclusion
As you can see, a solar panel system generates several financial benefits. Once you’ve bought and installed the PV system om the roof, it will start saving money on energy bills and will add value to your property.