Reasons To Get Solar Panels

In the past ten years residential electricity prices have gone up by an average of three percent annually.

Reasons to get solar panels.

Reasons you should get solar panels for your home. Here are six reasons why you should consider solar panels. While certain panels will have higher efficiency ratings than others investing in top of the line solar equipment doesn t always result in higher savings. Due to the precipitous 70 drop in the cost of solar power equipment since 2010 more than 10 million homes across america are now powered by solar photovoltaic panels on homes businesses and from large scale solar projects 1.

Save thousands of dollars. With the use of solar panels it can get energy from the sun that will power your entire home with electricity. If that seems too expensive consider this. As a homeowner installing solar panels on your property is a great way to save money on your energy costs over multiple decades.

This will come in handy if you are looking to sell or rent your property. As mentioned solar energy is a great way to reduce your energy bills. Other than just for being a clean renewable energy source a big reason for the increase in solar systems being installed by more households is the dramatic cost reduction that s taken place over the last decade. One of the lesser known reasons that installing solar power makes sense is that it increases the value of your home.

The average solar array costs between 10 000 and 35 000. Beat electricity price rises. There is already an increase in people s demand for renewable energy technologies for their homes so having such a system already installed is an asset. That s anywhere from 528 to a whopping 2 244 in a single year meaning your system could pay for itself within five years and continue to save you money on.

A recent study showed that customers save an average of 44 to 187 per month the first year they own their solar panels. The following are compelling reasons solar power is the way to go right now. Subsidies for how much longer. Still tossing up whether to buy a solar power system now or later.

Installation of home solar panels is at its highest level of popularity right now and is showing no signs of slowing down. Save on electricity sooner. The only way to find the sweet spot for your property is to evaluate quotes with varying equipment and financing offers. By investing in a solar energy system now you can fix your electricity rate and protect against unpredictable increases in electricity costs.

A modern energy grid with the smart energy network as its backbone will pave the way for more solar energy installations more robust energy efficiency programs more charging infrastructure for electric vehicles and more resilient energy infrastructure to help restore service for our customers faster following increasingly common severe weather events. Reasons solar power is the way to go. One of the most clear cut benefits of solar panels is the ability to hedge utility prices. Despite having diy kits on the market there s a lot more to installation than putting panels on your roof like custom wiring.

Secure a higher feed in tariff rate.