Renewable sources form a booming new energy frontier that attracts more and more homeowners. There are many incentives to go green and environmental cause is just one of them. Namely, apart from saving the planet, many people implement photovoltaic panels in order to supplement their energy needs, support local business landscape and reduce grid dependency.
Ultimately, integrating solar capacities saves a great deal of money. It trims utility bills and brings about great benefits for the household budget. The good news is also that the solar market is growing at a rapid pace, albeit there is much ground to cover before we can make the green future a reality for us and the generations yet to come.
Shrinking utility bills
Over a long haul, solar energy saves a ton of money via cutting the annual energy expenditure. Power of the sun is bestowed upon us for free. The trick, of course, is to think beyond the horizon of immediate avail.
Namely, it takes a while to recoup the investment, but once you do, you can start reaping financial benefits. The amount you save depends on the amount of sun you get in your region but used right, solar panels can be your platform for reaching new heights in terms of sustainability – a driving force behind the total transformation of your household.
Escape the grid dependency
This brings us to another point. Energy costs, most notably for residential electricity, are rising and putting a strain on people’s budgets. By investing in solar power, you soften the negative effect of unpredictable market prices. You can predict your spending and formulate monthly budget accordingly.
Furthermore, there are some innovative trends such as the passive design, which enables homeowners to maximize the amount of solar power and move closer to energy independence. It is even possible to achieve net zero energy consumption or sell a surplus of juice to the grid.
Smooth transition
Shopping around for solar panels used to be a complex endeavor, but that is no longer the case. There are many manufacturers and suppliers that provide quality products. For instance, a 5kW solar system is rising in popularity as a perfect, cost-effective solution for medium to large households. It enables people to save up to $1,800 per year.
In the U.S. alone, there are hundreds of solar companies with a similar situation in many other developed countries. Most manufacturers offer 20 to 25-year warranty, which promises guaranteed performance. The real lifespan of panels is actually greater, as they can last up to 40 years.
Tax, credit rebates, and incentives
The policy climate is changing for the better. Nowadays, one can count on a variety of incentives, tax credits, and financial support programs. In many areas, people receive a percentage (usually around 30%) of total system costs back via federal income tax credit or other mechanisms.
What is more, there are state and local rebates aimed at stimulating the adoption of solar panels. Some service providers offer free installations of panels, which brings the investment further down. It should be also mentioned that solar panels boost the resale value of the property.
Helping the environment
Unlike conventional types of energy, the power derived from the sun is pristine and clean. Thus, panels that collect it contribute to the fight against greenhouse gas emissions and reduce the dependence on fossil fuels, such as coal and gas.
When fossil fuels (which are a finite source) are not used to produce electricity, the amount of harmful gases that cause air pollution and climate change is dramatically decreased. Likewise, solar panels require little to no water to operate. This is important because air and water pollution undermine public health, meaning we have a chance to turn the tide of battle at this vital front as well.
Local and national level
Finally, let us take a look at the big picture. Ramping up your solar capacity positively affects the local economy and creates more jobs in the clean energy sector. On an even broader level, you can take part in the national shift towards renewable energy sources.
Basically, you are helping the country insulate its economy from twists and turns that global prices take. No man is an island and the same goes for countries. We possess the knowledge and tools necessary to plant and sow the seeds of the better future for everyone.
A fresh start
The winds of change sweep across the residential ecosystem. They bring great spoils to those willing to make a positive change in the energy department. Indeed, it has never been easier and more fruitful to transition to solar energy.
Solar panels represent an incredible home efficiency upgrade. It pays rich dividends and in more than one way. Harnessing the solar power supports local businesses, lowers your environmental impact (carbon footprint), and builds energy independence.
So, do your homework and find the solution that will bring you the most bang for your buck. Embrace a more sustainable, green way of living for good.