There are many reasons to choose solar power, including financial savings, good impact on the environment, and liberation from your local energy utility bills. Whatever your reasoning, the short- and long-term benefits of Solar Power System Installation in CO far offset the initial cost of your investment. Here are some of the most vital benefits of installing a solar power system that matters the most.
Gives You Full Control Over Your Energy And Electricity Bills:
Nationwide electricity costs have increased by seventeen percent over the past decade, and this is a trend that is expected to continue. Solar service agreements can offer low and predictable tariffs that are generally cheaper than utility rates. expect, on average, to pay less for energy when you switch to solar power.
On hot summer days, when we run the air conditioning, or in cloudy weather, we disconnect the grid. Even if you live in a cloudy location, these places typically receive more than two hours of sunshine per day, while sunny places receive an average of 6.7 hours of sunshine per day. In some areas, solar batteries can also protect you from spikes in electricity rates or hour-of-use charges.
These rates are set by your local power company and vary depending on the time of day. Electricity is more expensive during peak hours and less expensive during times of less demand. With home solar and rechargeable battery system, you can avoid the highest costs with an hour-of-use pricing structure while further maximizing your energy savings.
Solar Energy Is Total Renewable Energy And It Has Zero Carbon Footprint:
Solar systems get their energy from the sun. Your solar energy panels help lessen carbon emissions and decrease dependence on fossil fuels. By installing solar power, you not only reduce your carbon footprint but also help increase the production of renewable energy when you export the energy from the panels to the grid.
Choosing to hitch the sun’s energy as a renewable energy source help eliminate the burning of fossil fuels that leads to global warming and decreases your carbon footprint on the environment collectively. Nothing is released into the atmosphere when electricity is produced with solar panels. The only thing that is created is clean energy. Isn’t that amazing?
Solar Energy Is Getting Cheaper Day By Day:
The cost of solar energy has continued to decrease over the past few decades. Solar energy is now cheaper than ever; in fact, the cost has fallen by over 71% over the past decade. These low prices make solar energy more accessible than ever to more homeowners.
Installing solar power can be even cheaper if you take advantage of solar incentives. For example, if you install a solar system before the end of twenty twenty-two, you may be eligible for the 27% federal tax credit. This tax credit is equal to the total cost of your solar installation and applies to your income taxes.
Solar Energy Upsurges The Actual Value Of Your Home:
Millions of American homeowners are interested in solar panels but haven’t taken the time to figure out what it takes to install them. This consumer reality and the undeniable benefits of having solar panels in a home complement recent studies that have found that property values increase after installing solar power. It is estimated that an installation of 5 kW solar panels could add approximately $ 18,000 to the value of a home. That’s a pretty big increase in the value of a home.
Requires Almost No Maintenance:
Most systems last up to 26 years or even more. Meanwhile, solar panels and equipment require little maintenance. After covering the initial cost of the solar system, you can expect very little outlay on maintenance and repair work.
The average cost of an annual inspection with a qualified inspector is around $ 120. The company you choose can help you understand what exactly is needed for maintenance. In addition, solar power technology is constantly improving, so solar panels of the same size as last year are even better today.
Solar Energy Works Everywhere:
Many people believe that solar power will not work in colder climates. This is not true. Solar panels work more efficiently at cooler temperatures because excessive heat can lower the output voltage. New and more advance solar power panels are quite energy-efficient and can still produce electricity in low-light circumstances. Someone who lives in Washington, for example, may need a slightly larger solar panel to achieve the same results as someone in California. Simply put, all you need is sunlight to help the solar system function.
You Can Save A Lot With Solar Energy:
By one estimate, the average 5kW solar power system at CO can generate energy savings of up to 39 thousand dollars over 20 years, now that’s a huge sum. Because the solar systems you install last over 25 years, that’s just the start of your savings. Many solar systems that were installed 45 years ago with outdated technologies are still working today. Solar technology today is much more advanced and offers even better savings.