Are solar panels worth it?
If you pay attention to the news and everything going on in the world, you know that the planet is suffering. The burning of fossil fuels for energy has damaged our environment which has led to an issue called global warming.
We know that using green, renewable energy can help reduce the negative effects of climate change, but does it justify the personal costs of a solar installation?
Since we’re not in your shoes, we’ll let you be the judge. However, we will help you make a more informed decision. Keep reading for the top advantages that might just make you believe solar panels for the home are worth the investment.
- Save Money on Energy Bills and Taxes
First, let’s talk about the dollars and cents of the question “are solar panels worth it?”
The average homeowner spends over $100 per month on electricity. If you were to buy a solar system large enough to power your whole house, you would save at least $1,200 a year. Otherwise, you can still significantly lower your energy costs.
Furthermore, the government offers impressive tax incentives for home and business owners looking who invest in solar energy. You can get up to 30% back from your initial costs when you file your taxes.
- Improve Your Home’s Value
If you’re looking for more long term gains for solar installation, you’ll be happy to learn that it will also increase the value of your home. Studies have shown that solar panels increase a home’s value by more than 4% of comparable homes on the market. For example, if you have a 250,000 home, it could sell for an additional $10,000.
Solar panels may also help your home sell faster, as free energy is a powerful bargaining chip. It may be the push a potential buyer needs to put an offer down on your house.
- Live Off the Grid
For some people, solar panels for the home mean one thing – independence. You won’t rely on the city or county power grid to provide electricity for your home.
Are solar panels worth it for people who want to live off the grid? Absolutely.
This is beneficial on multiple levels:
- Your home will be immune to blackout and power outages
- You can power a home that’s too remote to have access to electrical services
- You can build a tiny home for vacation or full-time use that’s fully powered
- You can have a mobile tiny home with all the amenities of a real house.
If any of these reasons spark something in you, reach out to local solar companies to find out what they can do for you.
- Reduce Your Carbon Footprint
Finally, circling back to the beginning of the article, investing in solar panels for the home means you’re taking a positive step against climate change. By using green, renewable energy, you can reduce your carbon footprint and stop contributing to the harmful effects of global warming.
It may not seem like much. However, if millions of people around the world take a single step forward, miles of change can occur.
Are Solar Panels Worth It to You?
Now that you have all the information, are solar panels worth it? Ultimately, it comes down to your lifestyle, your budget, and your priorities.
If you’re looking for more information, check out some of our other articles before you go. Our blog was designed to provide people like you with as much information as possible so they can make intelligent, informed decisions.