Although there are multiple types of solar systems and many reasons for solar power, one reason stands out: SAVE MONEY. To elaborate, you hope to generate our own power instead of paying a utility company to generate power for you, saving money by design. But of course, there are more reasons for solar power, as you’ll see.
Believe it or not, there are benefits to solar that go beyond financial reasons. As an example, electrical independence is growing in popularity. That means, off-grid solar systems provide that total autonomy along with completely removing your electricity bill altogether.
Now, continue reading to see the top-10 reasons for solar power so you can better understand why to choose solar for your home.
SAVE MONEY: Reasons for solar power
Sunlight is free, and the energy you can produce from that sunlight is almost endless. That being said, installing an effective and sufficient home solar system costs money. But, the money-saving benefits of solar always come through in the end. As such, solar is an investment that really pays off.
Fortunately, Uncle Sam will help cover your expense with a tax credit. Although the tax credit may end in a few years, it’s available now and covers 26% of your entire solar system installation. In 2023, that tax credit will shrink to 22%. Beyond that, the credits are unknown. That means, time is of the essence!
In the following video, Eric Martineau, the founder and owner of Just Get Solar, reveals detailed insight showing exactly how much using solar power saves you on your electricity bills. First, he quickly reveals the top 10 reasons for solar power. Then, he focuses on how to save your hard-earned money.
OWN AN ASSET: Reasons for solar power
If you’ve ever considered investing in your own home solar assets, now is the time to buy. The benefits of owning home solar assets are quite numerous – there are truly many reasons for solar power installed at your home.
In the following short video, Eric Martineau, the founder and owner of Just Get Solar reveals the many reasons for solar power assets. As such, uncover exactly how important it is to own your own solar system from actual data presented by Eric. Check it out!
INCREASE YOUR HOME VALUE
There is solid evidence that home solar assets increase home value shown by both home appraisals and home resale closing prices that were studied. Let’s start with a few sources so you can read and confirm these findings for yourself. Two of the following articles require a simple signup to read the entire article. These are the links:
In the first article, which is an academic work, it states that the research analyzes a large dataset of California homes that sold from 2000 through mid-2009 with solar installed. The analysis finds strong evidence that homes with solar systems sold for a premium over comparable homes without. Great news!
The second article reveals a prospective model developed to determine the value of solar. That can be directly translated into how solar increases home value for resale. They use an income capitalization approach that considers the present value to determine the future value of a solar system.
Finally, the third article how a solar system adds value to your assets – your home. Read it to see their research from several building owners and managers. It reveals how they made the business case for solar and found increased asset values during appraisal or at the time of sale – resale.
In the following short video, Eric Martineau, the founder and owner of Just Get Solar shows how solar increases home value. Check out just how important it is to own your own solar system from actual data presented by Eric. This is one of the great reasons for solar power!
REDUCE POLLUTION
Setting a good example by reducing air pollution and reducing water pollution with solar power all at the same time should be all of our priorities. And since solar energy reduces pollution – both air and water, this is one of the fantastic reasons for solar power installation.
Clean air and clean water are two things we Americans take for granted. Although…perhaps we shouldn’t. That’s because, in many cities around the nation, the air is highly polluted and the tap water is full of contaminants. As such, let’s take a look at the pollution numbers some major cities are ashamed of.
There are three primary factors most organizations use to measure pollution. First is air pollution, which refers to the release of pollutants into the air. In the US, the Clean Air Act, established in 1970, authorizes the EPA (U.S. Environmental Protection Agency) to regulate the emissions of these harmful air pollutants.
Pollution generated by power plants
Causing air pollution, power plants emit harmful air pollutants, including mercury, non-mercury metallic toxics, acid gases, and organic air toxics such as dioxin. As such, they’re currently the dominant emitters of mercury, acid gases, and many toxic metals in the United States, as presented by the EPA.
Next is the ozone layer. According to the EPA, the ozone layer protects life from the sun’s harmful radiation. Also, most atmospheric ozone is concentrated in a layer in the stratosphere, about nine to 18 miles above the Earth’s surface. Power plants have caused damage to this ozone layer shield above us.
Finally are the tap water contaminants. Steam electric plants use fossil fuels or nuclear reactions to heat water in boilers to generate steam and to drive turbines connected to electric generators. They generate wastewater with chemical pollutants, coal piles, yard and floor drainage, and other miscellaneous wastes.
In the following short video, Eric Martineau, the founder and owner of Just Get Solar reveals how solar energy reduces pollution. There, uncover exactly how to set a good example by reducing air pollution and reducing water pollution all at the same time, presented by Eric.
SAVE TAXES: Reasons for solar power
To begin, the financial benefits that you gain from solar offsets upfront costs. First, receive tax credits from the US Government. Right now, that credit is 26% of your total solar assets and installation cost. Unfortunately, that reduces to 22% in 2023 and the future of it is unknown after 2023.
Since the value of your home will increase after installing your own solar system, you’ll be able to sell your home faster. On top of getting considerably more for your home since your home appraisal will increase, your solar assets provide a great hedge against inflation, just like home ownership already does.
Finally, get higher monthly rent when leasing your home. This not only comes from your increased home value, but the greatly reduced or eliminated electric bill provides an attractive justification for increased rent. Then, when you add the environmental factor of solar power, your potential renter pool increases.
GAIN ENERGY INDEPENDANCE
Since the peace of mind that comes from electrical independence from solar power and unbroken electrical assurance is undeniable, let’s look deeper. To begin, electrical autonomy normally comes from off-grid solar systems. But if your home is connected to the power grid, a hybrid solar system is your best option.
The center of both a hybrid solar system and an off-grid solar system is a multi-mode inverter. First, this converts DC or direct current from your solar panel array and battery bank to 120V AC or Alternating Current to your house. Then, it charges and manages your battery bank to prolong battery life.
Check out this informative article to learn exactly how to calculate what must go into your solar system:
OFF-GRID SOLAR CALCULATOR: How to calculate an off-grid solar system size
FLEXIBLE FINANCIAL OPTIONS
Attractive financing options for solar assets have greatly contributed to the solar market recovery after the 2020 COVID-19 economic crisis. Now with high inflation and energy prices, homeowners are seriously looking to save money to avoid economic hardship. That means, financing your solar system offers immediate electric bill savings and it doesn’t require you to expend your precious cash reserves.
The recent expansion of available financiers and the solar loan market has greatly broadened. Also, this is a well-documented trend in the solar industry. On top of that, the overall strong performance of the solar asset class is quite a strong metric of success all by itself. That means, financing or not, solar assets win over using your local electrical grid to support your power needs.
LIMITED MAINTENANCE
Your solar panels need very little maintenance to function properly. That means, you can leave them alone most of the time. Really, the only maintenance they require is an occasional light cleaning to remove dust, leaves, and debris that may be obstructing sunlight absorption. That’s it! Maintaining solar panels is simple indeed.
The only times you may need to perform more extensive maintenance is during and after heavy snowfall or after a dust storm. Snow and dust hinders solar panels performance by obstructing sunlight. Logically, if sunlight is obstructed, the electricity generated by your solar panels is reduced or brought to a halt.
If they’re tilted at an angle, maintaining solar panels is far easier. To explain, rainfall typically clears away dust, leaves and debris as the water runs down them. Just keep in mind that during the extended periods without rain, it’s important to clean your solar panels manually.
SUPPORT YOUR LOCAL ECONOMY
Interesting fact: Clean-energy jobs surpassed oil drilling for the first time in the United States in 2016. To elaborate, solar energy jobs doubled in a five-year period, which is amazing. That means, when you go solar, you’ll truly be supporting your local economy.
From local electricians and construction workers, solar installation utilizes the talent in your local community. And the trickle-down affect helps your local economy to thrive.
In the next video, Eric Martineau present how solar power helps everyone:
SUN IS FREE: And it’s not taxed
Since sunlight is free, the energy you produce from that sunlight is almost endless. That being said, installing an effective and sufficient home solar system costs money. But, the money-saving benefits always come through in the end. That means, the reasons for solar power prove this to be a winning investment for your home.
