Did you know that renewable energy contributed about 20% of the entire US power generation in 2020? Today, solar panels are among the best and efficient renewable energy forms available on the market.
Besides minimizing the grid energy, they offer excellent financial returns by cutting down your energy bills.
Whereas the installation cost may scare you at first, their payback period is short. Thus, don’t shelve the idea yet because you’re about to reap significant energy bill cuts and save the universe by using green energy.
Read on to learn how solar panels can improve energy efficiency for your home.
Saves Money on Energy Bills
Solar panels can help save you over 50 percent of the bills paid to a utility company in a month. After the panel’s installation, you need nothing else apart from the sun. Though sometimes it may be cloudy, you’ll at least get enough energy to power the lights.
But how do you make it work seamlessly with the existing National grid energy? Proper installation by the ideal solar company allows your appliances to switch to the utility company energy when your stored energy goes down.
Thus, your energy bills go down by using the grid power only when the solar panels are not generating enough energy.
Enjoy Tax Reprieve
Using renewable energy in most of the US states qualifies you for tax credits. As an incentive to install more solar panels and embrace energy-efficient systems, homeowners get solar renewable energy credits (SRECs).
In some states, the federal government settles about 30 percent of the total solar panel installation costs. This makes solar power more affordable by putting some money back into your pockets.
Balanced Electric Cost
With the rising economy and unprecedented rise in fossil fuel costs, solar panels can help stabilize your budget. Unlike the grid energy costs, which fluctuate depending on different factors, solar energy doesn’t raise other costs.
It cautions you against financial losses that occur when electricity costs rise. With solar power, you don’t have to worry about monthly bills since it’s free.
No Power Shortage
What do you do in case of a storm or lightning strikes that interfere with the grid power? You don’t have to look for alternative power supplies like electric generators with the solar panel’s presence.
They provide the much-need lighting and appliance power. Besides, this system does not need maintenance, neither does it stop functioning when the weather is too cloudy. You’re always sure of some lighting regardless of the season.
Start Saving From Day One
According to the US Energy Information Administration, the average monthly energy bill for Americans is $111.67. However, you cut down these costs as soon as you install solar panels on your roof.
Although solar energy is a long-term investment, it automatically improves your home’s resale value. Homebuyers will go for homes with existing solar systems to avoid the initial installation costs. It protects your roof against snow, scorching sun, and debris.
Get the Most Out of Your Solar Panels Today
Solar panels can greatly improve energy efficiency in your home. You will also be helping in reducing air pollution by using clean energy.
If you’re looking for ways to cut down your energy bills, solar panel installation is your answer.
Bookmark our blog to learn more about solar panel installation benefits and stay informed on what’s trending in the renewable energy industry.