Are you thinking about taking the next step of living an eco-friendly lifestyle? If so, then you may want to consider running your home electricity on solar power energy. Solar energy is very efficient and has many benefits that come with using this form of electricity resource. Not only will you be improving the economy by reducing your carbon footprint, but there are money saving opportunities included with running your home electricity off of solar panels, such as
Lower Electricity Cost:
Because electricity costs are constantly on the rise, you will likely be paying more on your utility bills next year than you are now, even if you make no changes to your living situation. However, with solar panel energy, you can save a good chunk of money each month on powering on your home. You can save on average about 50% of what you would normally pay for your electricity bill, which can quickly add up each year. So, if you want to start saving on your energy cost, using solar panels for your energy source is definitely a great option for you and your home.
Not only will you start seeing fast savings with your solar panel energy system, but when it comes time to filing your taxes, you will see a great savings. When installing your home with solar panel energy, you can receive a tax credit of up to 30%, which are definitely a nice saving to see.
Higher Property Value:
A solar panel system is not only a great way to save each month on your utility bills, but it can also increase the value of your property. This is great for those who are skeptical about investing in a solar panel system, as you will see a great return on your investment besides just saving each month on your electrical bill. Studies have shown that adding solar panels onto your rooftop can add on average about $5,900. This is a great way to bump up the value of your home, all while saving a great amount of money each year on your energy costs.
With benefits such as these, you will find it to be a very safe investment to equip your home with solar panels. Not only do you have many great financial benefits from this option, but you can do your part to help avoid the use of wasting electricity from your local energy company.