What are the benefits of going solar?
Before you make any investment, it’s important to quantify exactly what your return is going to be. With a solar electric installation, you can be 100% certain of realizing the following benefits:
- Reduction of energy bills. Whether you merely reduce your costs, eliminate your energy bills completely or even make a profit depends on variables such as the system you install, the programs in your area and the degree to which you implement it. If you live in a sunnier region, you probably get an average of 5.5 hours of sunlight each day, which will contribute to higher energy production.
- Earning of tax credits and incentives. The value of these options is significant. The federal tax credit of 30% means a $7,000 saving on a $25,000 system. If you live in a state like Washington where you can save over $900 a year, you could add a further $18,000 ($900 x 20 years) to your savings over the system’s lifetime.
- Kickstart your savings immediately. There’s no waiting period to start saving. The average annual energy cost per person is over $3,000, and a solar system begins reducing costs from the day it’s installed. If you’re planning to resell your home, statistics show the installation will push up the value by almost $6,000 per installed kilowatt. So, if you install a 3.1-kilowatt system, your resale value could go up by $18,000. What’s more, solar panels help make your home more energy-efficient by absorbing the sun on the roof and protecting the roof surface from debris and weather.
Overall, solar enables you to reduce your environmental footprint. Systems use clean energy from the sun, so they reduce greenhouse gas emissions and use of fossil fuels. They eliminate much of the air and water pollution caused by generating power, which improves mortality rates and lowers healthcare costs.
Schedule your FREE Consultation with Bryan Casper at Infinity Energy Rocklin.
Solar Energy Specialist