If you drive around your city or town, you may notice that solar energy is becoming extremely popular with many different groups. Those new lighted traffic signs your city just installed are probably powered by solar panels that were installed along with the signs. You may also notice that more residential properties and businesses are having solar panels installed all over your area. If you have been wondering why people have become so interested in solar energy, it is because of solar energy’s many benefits.
Your Home’s Value
In an article published by Forbes Magazine, it is estimated that the average homeowner can expect to recover up to 97 percent of the costs of installing solar panels when they sell their home. When you add in the savings in energy costs over the years, that means that installing solar panels create a positive financial impact.
By way of comparison, bathroom remodeling projects only recover approximately 64 percent of their value and a major kitchen remodeling project only recovers around 69 percent of its value when the house is sold. Of all of the improvements you could make to your home, only solar panels offer the chance to realize a positive financial impact.
Keeping The Lights On
When you get your electricity exclusively from the local power company, you are at the mercy of the power grid. If there is a power failure in the grid, then you will lose power with everyone else. If you have solar energy panels installed, then your lights stay on during a blackout and, more importantly, your home stays secure.
The Government Will Pay You To Install Solar Panels
According to the Solar Energies Industry Association, the federal government offers a 30 percent tax credit to anyone who installs solar panels on their homes. The credit is called the Solar Investment Tax Credit and it is extended through until December 2016. This is a credit that can be combined with other state and federal tax incentives to pay you for installing solar energy panels.
Reducing Your Carbon Footprint
Right now, the power plant that supplies electricity to your home is burning coal that puts harmful chemicals into the air. Not only will using solar energy allow you to have cheap electricity that is always available, but it will also help you to reduce the amount of harmful chemicals that are spewed into the air by your local power plant. When it comes to saving the environment, every little bit helps to make everything cleaner.
The benefits of solar energy include a reliable source of renewable electricity, improving the value of your home, and helping to clean up the environment we live in. When you put it all together, there is a picture of solar energy that many people may have not considered in the past. Get your home upgraded to take advantage of this alternative energy source and start reaping all of the benefits today.