Making the switch to solar energy is one of the best decisions you can make for your home and your wallet. Not only does it help reduce your carbon footprint, but it also saves you money on your electric bill. In this blog post, we will discuss the top 10 reasons why you should go solar!
How Does Solar Energy Reduce Electricity Bills?
One of the biggest benefits of solar energy is that it can help reduce your electricity bills. By installing a solar panel system, you can generate your own clean, renewable energy to use in your home. This means you won’t have to rely as much on fossil fuels or grid-based power, which can be expensive. In fact, solar energy can help you save up to 30% on your electricity bill!
Solar energy is a great investment for your home. Not only will you be able to reduce your monthly expenses, but you will also increase the value of your property. In fact, according to recent studies, homes with solar panels sell 20% faster and for 17 % more money than homes without solar panels.
Why is Solar Energy Important for the Future?
Solar energy is one of the most important forms of renewable energy available today. Not only does it help reduce greenhouse gas emissions, but it is also a reliable and affordable form of energy. With solar technology becoming more and more advanced every day, the future of solar energy looks bright!
Here are just a few of the reasons why solar energy is so important:
- Solar energy is a renewable resource
Unlike fossil fuels, solar energy can be harnessed indefinitely. This makes it an important tool in the fight against climate change.
- Solar energy is reliable
Unlike other forms of renewable energy such as wind or hydro power, solar energy is available all the time. This makes it a great choice for homes and businesses that rely on a steady stream of electricity.
- Solar energy is affordable
Over the lifetime of a solar panel system, you will save more money than you spent on installation costs. In addition, many government incentives are available to help offset the cost of solar panels.
As you can see, solar energy is a great choice for both your home and the planet. If you’re thinking about making the switch to solar, be sure to contact a reputable solar company to get started. Solar energy is the future – make sure you’re part of it
Here are the top ten reasons why you should go solar:
REDUCED OPERATING COSTS:
The reduction of energy expenditures is one of the most basic and practical reasons to go solar. The electricity produced by a solar system matches your usage, significantly lowering or even eliminating your electricity bill, allowing you to spend money elsewhere or save the difference. For additional information on how this mechanism works, take a look at our blog on how solar affects your power bill.
GOOD RETURN ON INVESTMENT:
When a firm considers a significant financial investment, the return must be substantial and the payback period must be short. Solar arrays have a typical payback period of 3 to 6 years, depending on system size and financing solution employed. After that, all financial benefits and savings contribute significantly to your return on investment.
The demand for renewable energy is genuine and increasing throughout the United States and in our state. Customers, tenants, and potential employees are increasingly concerned with a property owner's or company's environmental policy and dedication to sustainability when making a selection. Businesses bear part in the development and adoption of carbon-cutting renewable energy technology by going solar, which helps to create a more sustainable planet.
To compound on the savings from reduced energy costs, federal and state governments provide tax advantages to incent property owners to deploy solar energy solutions. A property owner with the right tax situation can reduce system cost by up to 50% with the federal Income Tax Credit and accelerated depreciation. A business that has gone solar may spread the tax credit over the system's life or retroactively apply it to prior years. You can check out instructions on how to receive your tax credit here.
ENERGY COST STABILITY:
Electricity bills have increased by more than 70% in the last ten years and will continue to do so, posing a problem for budgeting. With solar, you may predict your energy expenses for more than 25 years into the future. A more predictable budget implies a more regular energy expenditure.
IMPROVED PROPERTY VALUES:
The American Association of Appraisers discovered that a structure with a solar PV installation has a higher market value and better resale values for owners than one without.
REDUCED CARBON FOOTPRINT:
Solar energy is not only clean, but it is also plentiful and renewable. Solar energy does not produce polluting carbon emissions or other greenhouse gases that are thought to contribute to global warming, as opposed to fossil fuels. Your organization may reduce its carbon footprint and contribute to a culture of sustainability by switching from fossil fuels to solar power rather than relying on grid electricity.
A solar array, on the other hand, needs some upkeep and cleaning to operate at maximum efficiency, but it has very little day-to-day maintenance, making it a simple "tenant" for your company. To achieve maximum efficiency, an experienced solar developer may help you maintain your solar PV system.
FLEXIBLE FINANCING OPTIONS:
There are several alternative types of commercial finance available, including those that require little to no up-front expenditures. Modern financing options provide attractive alternatives for businesses and organizations of all sizes, regardless of existing capital or tax appetite. There's a solution for everyone who is interested in going solar, whether you want to buy the system, lease it for 20 years, or some other combination of options.
INCENTIVES ARE RUNNING OUT:
Because of the tremendous cost savings and long-term energy benefits, solar energy has quickly become an excellent business decision in Colorado. However, these incentives are gradually expiring, and they might be eliminated in as little as one or two months! Take advantage of the current solar discounts to go solar and join the Denver Metro solar community.
There are many reasons to switch to solar power, but these are some of the most important ones. Solar energy is good for the environment, your budget, and your property value. It’s also a renewable resource with limited maintenance needs. And finally, there are significant incentives available right now that could save you even more money in the long run. If you’re interested in learning more, contact Detach And Reset Solar today!