If you’re thinking about ways you can save money and help protect the environment, installing solar panels on your home is a great way to achieve this goal. However, you may not realize that there are many other benefits of solar panels. Below is a list of just a few of the many reasons you should go solar this year.
Lower Your Monthly Energy Costs
Although the amount you can save varies, switching to solar panels can help reduce your monthly utility payments. Your exact savings amount can vary based on the following factors:
- The number of solar panels you have installed
- The amount of electricity you use each day
- The time of day you consume electricity
Increase the Value of Your Property
In addition to saving you money on energy costs, solar panels can increase your home’s property value. If you’re looking to sell your home in the future, having solar panels can help you sell more quickly than without.
Protect the Environment
As a great way to reduce your carbon footprint, going solar can significantly decrease the number of carbon emissions in the environment. In fact, just by installing a solar panel system on your home, you can eliminate three to four tons of carbon emissions each year.
Take Advantage of Tax Credits
Right now, homeowners can take advantage of a full 30% federal income tax credit just for installing solar panels on their home. However, this amount will be reduced to just 26% in 2020 and 22% in 2021 and will continue to fall from there.
Enjoy an Infinite Energy Supply
As an infinite energy supply, your solar panels produce power even when it’s cloudy, which means you will save money every day of the year, even during inclement weather conditions.
If you’re like many people, you may want to adopt a more eco-friendly lifestyle. One great way to achieve this in 2019 is by installing solar panels on your home.
For more information about the benefits of installing solar panels on your home sooner rather than later, please contact us today.