Posted on: 14 December 2022
It is that time of year when the weather outside turns frightful, but with solar energy, your bills can be delightful. Whether you realize it or not, grid energy is more expensive than solar energy. It is estimated that the average cost of electricity is approximately $0.166 per kilowatt-hour. With solar energy, you are only paying around $0.06 to $0.08 per kilowatt-hour after you factor in certain discounts and the 30% federal tax credit you receive for using solar energy.
Solar energy provides many benefits that homeowners often overlook because they are either misinformed or do not have enough information. However, there are reasons why you should invest in residential solar energy for your home. Learning what those reasons are can help you make a more educated decision when it comes to your home's energy needs and costs.
More Money in Your Pocket
Investing in solar energy means you can put more money in your pocket. In almost every state, people are saving approximately $1,000 or more after the first year of switching to solar compared to traditional electricity. After 20 years, savings are around $20,000 and up.
Getting Started Is Easy
One reason many homeowners hesitate to invest in solar energy is the upfront cost it takes to install solar panels. It is true that it costs between $10,626 and $13,230 to install panels on the average home after the 30% federal tax credit. However, many states and local governments are offering additional grants to help lower the cost even further.
With many of the grants out there, homeowners may even enjoy rebates that cover the entire cost of installation. The best way to find out what grants are available is to call your local utility company and ask about rebate programs in your area. A qualified solar panel provider can also find out about rebates in your area.
Little to No Maintenance
Solar panels are extremely durable, which means they hold up well against various elements. They often require little to no maintenance, which makes them an affordable option for your home. Consider the cost of having your HVAC unit maintained. If something goes wrong with your unit, you have to shell out money to have it repaired or replaced.
You do not have to worry as often about repair and replacement when it comes to your solar panels, which means you are saving even more money. If you are ready to learn more about the installation of residential solar panels, reach out to an expert today.
Contact a local solar energy service, such as SunShop Solar, to learn more.Share