Perhaps you think of switching to solar energy as just another fad or worry it would cost too much. Never fear. There are a number of advantages to solar that you should know that explains why so many people have made the switch.
The Pay-Out
First, switching to solar power means you’ll know how much you owe for electricity each month and it is likely to be nothing. Since you work with the solar installer to estimate your energy use before purchasing your system, you buy a system that can produce all of your energy needs. Your solar system costs you money, but your monthly free energy pays you back for the system.
Net-Metering
Second, you can earn money back using net metering, which lets you sell your excess energy production to the local electric company. For example, TXU, Reliant, and Green Mountain represent a handful of companies that offer net metering.
No Fixed Rates
You’ll avoid the need to compare rates if you’re in a deregulated area. You also won’t have to lock into a fixed rate contract. This saves you time, money and stress since you avoid having to research and compare rates.
Environmentally Friendly
Solar provides a more environmentally sound option. A residential solar system emits zero greenhouse gases. It is completely renewable and using solar results in decreased energy dependence. That translates to you avoiding the effects of market fluctuations on energy costs. While others have increased energy costs, you’ll experience free energy.
Federal And State Incentives
Installing a solar system costs about $30,000 for a nine-kilowatt system. Federal and state government incentives offset this cost though. The federal incentives come from income tax benefits, while each state offers its own set of incentives. Some electricity producers also offer rebates, as do some solar panel manufacturers.To offset the cost of installing and maintaining a solar energy system in your home, you can take advantage of a number of state and federal incentive programs to transition to renewable energy sources. For instance, the federal government has more than 20 different programs that provide incentives for using renewable energy.
It Lasts
Once you buy it, it lasts. Solar panels and related modules last more than 20 years. Most manufacturers offer a warranty for at least that long. You do need to have a professional installer put in the system for the warranty to remain valid, but you probably would not want to have to learn how to install solar systems anyway.
Switching to solar energy provides numerous advantages. These advantages far outweigh the initial cost. You can save money over the long-term, make money through net metering, avoid rate hikes and enjoy life off the grid. Since you can offset the initial cost by using federal and state incentives, you’ll initially pay much less than the $30,000 estimate. You can switch to solar energy and save money since your solar system lasts at least 20 years. Contact your local solar installer to learn more about how you can leverage the power of solar.