Hello World! Welcome Friends! There are many reasons why homeowners go solar, but there are even more reasons why that time is now. With the latest technological advancements, solar power systems have never been more efficient and affordable today. As a result, many homeowners across the country are making the switch to solar energy.
So if you’ve considered going solar in the past, or you’re still undecided about whether or not to invest, here are reasons why right now is a great time to go solar.
1. Solar Panel Efficiency Is At An All-Time High
Thanks to advancements in technology, solar panels are 35% more efficient than just a few years ago. As a result, solar panel efficiency has grown exponentially over the past 40+ years from 2% in 1973 to 22.5% today. That’s nearly double what older panels were able to achieve just ten years ago. And because the panels themselves are more efficient, less space is needed to generate as much energy as possible. In addition, there is also a new generation of solar panels that resemble ordinary roof tiles, making them not only highly efficient but also aesthetically pleasing.
2. Solar Is More Affordable Than Ever Before
Not only are solar systems cheaper to buy, but you can also save thousands of dollars on your energy bill each year by generating your power. Not sure if it’s the right option? You can visit https://www.shoalhavensolar.com.au, where you’ll be helped to weigh your options and decide what works best for your situation. Between the money, you’ll save over time and the government rebates currently available, now is a great time to install solar panels on your roof. Check out this chart comparing the price of solar versus traditional electricity in every state.
3. Solar Energy Is Environmentally Friendly
Not just in terms of carbon emissions but also financially speaking. Every single hour the sun provides us with enough energy to provide for all of humanity’s energy needs for an entire year. So you can feel good about going solar and not harming the environment while you’re saving money at the same time. Moreover, if you make the switch to solar while there are still rebates available, you’ll be reducing your carbon footprint even more. Not to mention that once the system is installed, the only “fuel” you will ever need is sunlight.
4. There Are Solar Incentives and Tax Credits
The federal Solar Investment Tax Credit is a huge incentive that everyone that switches to solar needs to know about. This is a 30% tax credit for residential and commercial properties, which means it can cover up to $10,000 in expenses incurred during your switch to solar energy. The best part? You can take advantage of this credit immediately upon installation, meaning it will apply retroactively, meaning you could receive money for going solar back from when your system was installed.
Because this credit applies for an entire year, you’ll get the full benefit even if you’re unable to claim all expenses on your taxes by the end of the year. There is also a Federal Residential Renewable Energy Tax Credit (PTC). Solar is better than ever right now, which means that more people can take advantage of these incentives.
5. You Can Save Money With Zero-Down Financing
Zero-down financing is the cheapest way to buy solar today. We’re talking 50% off or more of an entire system’s cost, which equates to tens of thousands of dollars in savings compared to paying upfront. Fortunately, more and more companies are offering no-money-down solar leases or power purchase agreements, meaning you can go solar with zero investment of your own. It’s a great way to get started without the risk of an upfront investment. And because there are no interest rates associated with these loans, you don’t have to worry about your bill climbing ever upwards due to interest fees either.
6. Homeowners Associations Can’t Hold You Back
There are currently no laws that allow homeowners associations to prevent you from installing solar panels on your property or putting restrictions on what type of equipment or color you can use. That means it’s up to the owner to decide whether they want to go green with their home and save money in the process. And when more people start making this choice, electric companies will be forced to offer better deals than ever before so that they’ll be able to compete with solar power.
The world is going green, and solar energy is becoming a more viable option for many people every single day. The time to change your home or business’ energy source to 100% clean, renewable solar power is now. The earlier you start using this zero-emissions, environmentally friendly energy source at your home or business – the sooner you’ll see financial benefits from it.
Click the links below for any posts you have missed:
What To Do With All Your Stuff During a Renovation
Increase The Value of Your Property
Taking Care of Your Aging Parents
How Much Will It Really Cost to Sell a House?
Essential Home Maintenance Services
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Toodles,
Eliza Harding says
I love when you mentioned that going solar will not harm the environment as it helps reduce carbon footprint and also helps you to save money at the same time. My colleague told me last weekend that he and his wife were moved into their new house and they are planning to install a solar panel system to help reduce electricity bills. He is hoping to find a trusted professional who can install the solar panel in their house for proper installation.