Home Improvement

7 Major Benefits of Solar Panel Installation

It’s not a surprise if you believe that solar panels are starting to look like an appealing option. Now that solar prices are at an all-time low, price is no longer as big of concern about buying panels. However, it’s still a significant expense.

If you’re still not sure if a solar panel installation is for you, this post will help you decide. Keep reading to learn seven solar panel installation benefits that you need to know.

1. Save on Your Bills

A lower electric bill is the first thing many people think of when they think of going solar. Your power bill is usually one of the most expensive parts of owning your home. It’s great not to have to worry about that every month.

Depending on the solar installation you purchase, you can get that chance. If you calculate how much energy your home uses and how many solar panels you need to cover your energy needs, you can go without drawing power from the grid.

However, you don’t have to completely cover your energy bill if it’s cost-prohibitive for you to do so. You can always get a partial solar installation and cover a portion of your bills. You can always add more panels later to eliminate your bill at a later date.

2. Don’t Rely on the Grid

No matter how good the power grid has gotten over the years, it isn’t perfect. There will always be times where the grid will fail. These failures can occur because of anything from the failure of an operation to an accident that damages a power line.

You’re out of luck at home when this happens. You won’t be able to get any power unless you have a generator. With solar energy, you won’t face this issue.

You won’t face a power outage when the grid fails with solar energy. You may still have a tie to the grid, but the solar energy your home produces will keep your home running. You may face maintenance issues with your panels down the road, but there’s a smaller chance of failure in this case.

3. Get Incentives

The demand for green energy is on the rise, and it isn’t only from consumers. Today, governments around the world want to incentivize their citizens to invest in green energy solutions.

That means there are programs out there that can help you save money on your solar purchase. With solar prices as low as they are already, this is an excellent deal for anyone who prioritizes going green.

Check on both the local and national levels to see what’s available. In most cases, you’ll be able to redeem a tax credit for your purchase. This credit will usually knock off thousands of dollars from your purchase price.

4. Protect Yourself From Rising Electricity Costs

You already pay enough for electricity as it is. As mentioned above, it’s likely one of the most significant expenses you have in your home. However, that doesn’t mean you’ll pay the same amount in the future.

Unfortunately, the chances are good that you’ll end up paying more. Electric costs tend to go up over time. You never know when you’ll get stuck with a rate hike.

You won’t have this problem with solar energy. You have a one-time expense with your solar panels and the occasional maintenance in the future.

You won’t suffer from rate hikes from your power company.

5. Sell Back to the Grid

Most people don’t cut ties from the grid when they invest in solar energy. Some of them do it in case they have issues with their solar panels. Others want a hybrid approach that lets them get credits from the energy company.

If you produce excess energy from your solar panels, you can sell that energy back to the power company. If you go down this route, you’ll get credits for all the energy you send.

This is useful if you need to depend on the grid for some reason. It means you won’t pay any extra for power and can use grid energy for free until you get your solar panels back online.

6. Low Maintenance

When you buy power from an electric company, you don’t have to worry about maintenance. If something ever goes wrong, all you need to do is call your provider and they’ll send a crew out to handle everything. Many people avoid solar because they think they’ll have to do everything themselves when they cut ties from the grid.

The good news is that this isn’t the case. Most solar installations are headache-free and won’t experience any issues. Any maintenance you need to handle is easy to do yourself.

Of course, that doesn’t mean that you don’t have options if you want to hire someone to handle the maintenance for you. There are many solar services that can come to your home to make sure your panels stay in great shape.

7. Increase Your Property Value

Solar panels used to be an unknown when you had your home appraised. Solar panels weren’t as commonplace and regular people weren’t sure whether or not they wanted them. Today, that isn’t the case.

Now that solar panels are more mainstream, appraisers can start adding value to your home if you have solar panels. This means that not only will you be able to reduce your energy costs, but you’ll also be able to get more money from your home if you ever decide to sell.

This was a problem in the past if you weren’t sure if you were going to remain in a location long enough to get a return on your investment. Now you know that you can get your money back.

Getting a Solar Panel Installation Is Worth the Money

The solar panel installation cost in the past used to be a reason to avoid moving to green energy. The good news is that the price of solar is lower than it’s ever been. That means you can make your investment back faster and take advantage of all the benefits of solar panel installation above for your home.

Do you want to read about more ideas that you can use to improve your home? Head back to the blog to check out the latest articles.


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