The top advantages to purchasing solar panels can provide benefits that last a lifetime.
If you are thinking of going solar, you may be asking yourself, when is it a good time to invest in a solar system? As the saying goes, there is no time like the present. Not only will you start saving money sooner, but you will also be using clean renewable energy daily, bringing new life to your home, and your wallet.
Here’s why you should go solar today:
It’s an investment in your home.
Investing in solar can increase your property value, contrary to popular belief. Having solar on your roof can raise your resale price and shorten your home’s time on the market. According to a study funded in part by the Department of Housing & Urban Development and the US Environmental Protection Agency, a home’s value increases by $15,000 for every $1,000.00 reduction in annual operating cost resulting from energy efficiency.
There are several government incentives for going solar today.
The federal government is currently offering a 30% tax credit for purchases of solar energy systems, and New York state also offers a $5,000 tax credit and grants for purchases and leases of solar systems! The amount of grant money you can receive steps down as more systems are installed in the state though, and the tax credits are also set to be lowered in the next few years. The limited timetables on these incentives make now the perfect time to go solar!
You solar savings roll over.
When you generate more energy than you are using on sunny days, this gets credited toward nighttime and rainy day usage! This is called net metering. Net metering is a practice used in conjunction with a solar electric system where your electric meter tracks your net power usage, spinning forward when you use electricity from the utility, and spinning backward when your system is generating more electricity than you need. The power company will owe you for a change!
Rising energy bills? Not with solar.
It seems that utility bills are always going up, sometimes in an unpredictably dramatic fashion. Your solar system comes with stable, manageable and predictable energy payments, and can completely eliminate electricity payments over time.
It’s better for the environment.
Unlike other conventional means of generating electricity, solar energy does not pollute. Lower your carbon footprint and gain peace of mind from knowing you’re doing the right thing for your community and the planet.
Start taking advantage of these solar power benefits today. Want to learn about even more perks that come with a solar investment? Let’s talk.