Solar technology is continually changing and advancing, and more and more people are now interested in having solar panels installed on their home so they can enjoy having access to solar electricity. Having solar panels installed can be a big financial investment, so there are many things to think about before doing so. Installing residential solar panels has a number of benefits, such as:
While the cost of having a solar panel system can require a large upfront investment, most homeowners end up saving money in the long run. Many people are able to use a home equity line of credit or financing options through a solar company to pay for their solar panels, so you won't need to hand over a huge amount of your own money all at once. Solar panels typically pay for themselves in just a couple of years, and after they are paid off, you can enjoy incredibly small energy bills each month for many years to come.
Installing solar panels is an excellent way to reduce your household's carbon footprint. When you have solar panels installed, you can rest easy knowing that you are using clean energy that does not require the burning of fossil fuels to be produced.
In addition to being great for the environment, installing solar panels on your home can also provide tax benefits. The federal government, along with state and local governments, often offer very attractive tax credits for home improvements that increase energy efficiency. Speak with your accountant to find out if there are currently any tax credits that you can benefit from if you choose to have solar panels installed.
Increase Home Value
A lot of people are highly interested in homes that harness solar energy, but not everyone has the ability to pay for solar panels. This makes existing homes with solar panels highly desirable to potential home buyers who are often willing to pay a premium for a house equipped with solar energy. If you are planning on selling your house in the next several years, installing solar panels now can help increase the value of your home.
A storm can knock out power lines in your neighborhood, and generators can break down and fail. But you can always count on the sun to rise each day. When you have solar panels creating solar electricity for your home, you will have energy security and freedom that you have never experienced before.
To learn more about solar panel installation and its benefits, contact companies like AAA Solar Source.