Have you ever thought about outfitting your home with solar panels? What’s stopping you?
If you’re like most homeowners, you probably have several questions about solar energy pros and cons. Will solar energy really provide your home with enough electricity for all of your needs? Are the benefits of solar energy worth the costs?
We think investing in a solar energy system for your home is a great idea and are here to address some of your questions. Keep reading to learn all about the top solar energy advantages.
1. Take Your Home Off the Grid
First, if you’re planning on living in a remote location, it might be exceedingly expensive to connect your home to county power. A much more plausible (and affordable) option would be to use solar energy.
However, there are off-grid benefits of solar energy even if you live in the city. For example, you won’t be vulnerable to blackouts or power outages. Just as importantly, if you produce more energy than you need, some power companies will buy the energy from you.
This is how it works. You can sell the excess solar power back to the grid or, technically, to your retail electricity provider. This is commonly known as solar buyback. If you reside in Texas or any other state where the electric sector is deregulated, you may choose a specific electric company that offers solar buyback electricity plans. The electric company will buy your excess solar power at the same rate they charge consumers for electricity or at wholesale electricity rates.
To get the highest buyback rate, compare the electricity plans offered by providers in your area and select the best solar buyback plan. This is immensely beneficial because it enables you to rack up some savings. Over time, you’ll be able to recoup your considerable initial investment in solar panels.
2. Reduce Your Carbon Footprint
What are the benefits of solar energy in terms of environmental consciousness?
We’re glad you asked. Everything we do that emits greenhouse gases into the air impacts the environment. Over time, our exponential increase in the production of these gases has torn a hole in the ozone layer.
As a result, the planet’s global temperatures are on the rise. This leads to the destruction of habitats, the extinction of animal species, and low crop yields.
Global warming also increases health risks because some microorganisms that cause infectious diseases adapt, become resistant, and mutate in extreme temperatures. This may result in a health crisis, especially if the health care system cannot keep up.
It’s no wonder many companies are embracing solar energy and other renewable energy solutions. Aside from reducing the detrimental effects of excessive carbon emissions, using clean energy provides them with an excellent power backup. Now more than ever, consumers and corporations must exercise environmental responsibility to help ensure humanity’s survival by preventing the degradation of our planet.
Look to these industries that are working hard to provide alternative energy solutions to help make a positive change.
3. Save Money on Your Energy Bill
One of the primary solar energy advantages is reducing your energy costs. By installing solar panels on your home, you can significantly decrease the amount you’re paying for electricity each month. If your solar energy system is big enough, you can eliminate your energy bill entirely.
Imagine saving hundreds of dollars every single month. You can put that money towards debt, save it for future vacations, or make other home renovations.
4. Become Eligible for Amazing Tax Credits
Is solar energy good for your taxes?
Why, yes, they are.
Currently, homeowners who invest in solar energy systems for their homes can recoup a large portion of their costs by filing their expenses on their yearend taxes. Between these tax credits, energy savings, and the other financial benefits of solar energy, it shouldn’t take long for your solar energy system to pay for itself.
5. Conserve Fossil Fuels
If you’re still wondering “Should I use solar energy?” think about it in terms of fossil fuels. We already talked about how burning fossil fuels for energy is harmful to the environment. But did you know we have a limited time before fossil fuels become obsolete?
Scientists predict that we only have 30 years left of oil, 40 years left of gas, and 70 years left of coal. As these natural resources become rarer, their prices will escalate drastically.
Want to Experience the Benefits of Solar Energy?
Clearly, there are countless solar energy advantages you can enjoy. Yes, there will be an initial cost for your investment. However, the benefits of solar energy far outweigh your expenses.
For more homeowner advice, investment insight, and consumer tips, check out some of our other articles before you go. Our website was created to provide homeowners like you with the information they need to improve their lives, add value to their homes, and find happiness.