The advent of solar power is probably one of the most sustainable methods of generating power in today's world. It produces no harmful by-products and is a long-lasting solution to powering homes, businesses, factories, farms, and more.
If you're thinking about making the change to solar power for your home or business, learn more about the top reasons to go solar with panels in this blog.
Do Your Part: The Top Reasons to Go Solar
No longer just a common search phrase entered on Google, ''solar providers near me'' has become part of daily conversation amongst home and business owners across the U.S. If you don't operate on solar power, it's most likely that you know someone who does or someone who provides the service.
With this in mind, here are 5 reasons why you should be the next to switch over to solar power:
1. Reduce Your Energy Costs
This is probably one of the most common reasons why home and business owners choose to migrate to solar power. Going solar helps you to cut back on your energy costs month-to-month.
It all depends on your daily energy demand, though (DED). If your solar system covers 100% of your energy demand, then you can start saving from day one. The only energy overhead is the cost to install the solar panels and the inverter.
However, you can choose to pay this cost upfront. But if not, there are 10, 13, and 20-year loans that help you to pay off the installation of a solar system.
You can also choose a system that covers a portion of your energy demand, and only pay for the balance of what's not covered by solar power. Whatever you choose -- you're saving money in the long-run.
2. Ramp Up the Value of Your Property
If you plan on selling your home a few years down-the-line, you may be wondering whether it's worthwhile to install a solar system.
Solar panels are one of those home additions that really bolster the value of a property. On the other hand, if you plan on renting out your property, adding solar panels is also a worthwhile investment.
Simply include the cost of electricity in the price of your rent and your solar system is being paid for you!
3. Become Fully Energy Independent
Going solar means you don't have to rely on others for your energy needs. You can, therefore, become independent of utility companies, their fees, and increasing costs.
However, your only connection with the grid is when you tally your energy consumption based on how much you've produced, versus how much you've used. If you find yourself with a surplus of energy production, a utility company may offer to buy the energy from you. It's a win-win all around.
4. Do Your Part for the Environment
It's no secret that going solar means you are reducing your carbon footprint. Energy consumption from buildings and homes across the U.S. accounts for a large percentage of all carbon emissions.
By decreasing your energy consumption, you are doing your part for the environment. To add to this, you could also receive a tax credit based on your solar system investment. This is known as the solar investment tax credit.
5. Boost Your Local Community
One out of every 50 new jobs in the U.S. in recent years is attributed to the solar industry. By going solar, you are boosting your local community with job creation, and the overall U.S. economy, too.
Frugal Finance Is Found Here
We hope these reasons to go solar have been enough to entice you. Ultimately, it's not only an investment in your future but other generations to come.
If you're looking for a touch more inspiration, explore the rest of this website for all things finance, investing, business, and take control of the health of your wealth! Read more articles on going green, reasons to go solar energy, and sustainability here on Frugal Finance.
