Are your utility bills skyrocketing? Or do you want a cleaner and eco-friendly source of energy? If so, then solar power is the way to go.
More than 12 million homes in the US today are using solar power. Despite the varied solar installation motives, it has many benefits. One of the accentuated benefits of solar power is that it can lower costs.
But you may be wondering, “How will installation of solar energy lower my costs?”
Continue reading to learn how solar energy helps you lower costs.
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Lower Costs of Electricity Bills With Solar Energy
Do you want to shun the monthly bills by your local electricity company? Solar power is what you are looking for. Solar panels will convert direct sunlight to electrical energy for free.
To know the economic benefits of solar installation, calculate how much you spend on electricity. Consider the cooling and heating of your home during extremes temperatures. Don’t forget the 10% annual rise in electricity bills in the US.
With solar panels, the only cost you are bound to incur is the installation and maintenance costs. Also, maintenance works for the solar system will be scheduled after several years. Solar panels recover the installation costs in the long run, making it possible for you to get almost free energy.
Are you tired of overcharges on your electricity bills? Solar energy will help you lower these costs.
Tax Incentives
In encouraging people to use eco-friendly energy sources, states are now offering incentives to shift to solar energy. With these incentives, the initial cost of solar installation is drastically reduced.
Depending on your state, you can get clean energy grants or solar renewable energy credits when installing solar panels.
The federal government also provides tax breaks for people switching to solar energy. The government covers up to 26% cost of your solar installation.
Do you still want to use electricity when the government is ready to help you switch to a more affordable energy source?
You can estimate your savings with these federal incentives.
Lower Costs of Water Heating
Solar panels can help reduce electricity bills. But what about your heating oil or gas bills? Using solar power on your property doesn’t mean that you are limited to solar panels. A solar water heating system will take care of all your water heating needs.
Sunlight could be tapped and converted to water heating energy. This reduces reliance on expensive oil and gas energy sources.
Solar energy can help reduce bills by providing an affordable and efficient water heating alternative.
Install Solar Energy Today to Lower Costs
Solar energy is a clean, efficient, and affordable source of energy to use on your property. It lowers the costs of running your home in different ways.
Do you want to lower costs and save the environment at the same time? It’s time to start thinking about solar installation.
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