The solar industry in the US had a record year in 2020, even despite the pandemic. In fact, solar installations increased by 43% between 2019 and 2020. In 2020, installations reached 19.2 gigawatts of new capacity as well.
Even a single gigawatt is enough to power 190,000 homes. Now, we have enough to power 17.7 million homes in the country.
By 2030, solar installations could quadruple as well. More US homeowners are deciding to experience solar energy benefits for themselves.
What are the benefits of solar panels, exactly? Keep reading to find out!
After reading this guide, you can experience these solar panel benefits firsthand. Make a more informed choice with your home in mind. Read on to learn more.
1. It Works Everywhere
Not many people realize that you can experience the benefits of solar power anywhere in the world. Solar energy even works better in colder areas. In some cases, excessive heat can impact the output voltage.
Consider buying solar panels this year. You can join the 77% of US adults prioritizing alternative energy sources over fossil fuels.
It doesn’t matter where in the world you live. When there’s daylight, you can still enjoy these solar energy benefits firsthand.
2. Save Money
Most people want to experience the monetary benefits of solar panels. In fact, you can save money and make money by adding panels to your home.
For starters, your monthly utility bills will go down. Talk to your local solar panel company. They can help you determine how much money you’ll save based on:
- Local electricity rates
- Size and angle of your roof
- Whether you purchase or lease the panels
- Solar energy system size
- Household electricity consumption
- Number of hours of direct sunlight you receive daily
You can schedule a consultation appointment here to get started.
Using home solar panels will give you freedom from electrical and utility companies. You can avoid peak electricity rates, too.
If a natural disaster shuts off the power, you’ll even have a backup option.
Talk to your local provider about tax breaks and cash incentives, too.
For example, some states set a Renewable Portfolio Standard (RPS). Electricity companies can buy your solar renewable energy credits (SRECS). You can earn a return on your solar energy to save money.
Some states even provide cash rebates. How much you receive varies based on your area.
Are you thinking of purchasing your home solar system? Make sure to apply for a federal tax credit while you’re at it. Look into your property and sales tax exemptions, too.
Regardless of which option you choose, you can save money and earn a little back this year.
3. Protect the Environment
The benefits of solar panels can also benefit Mother Nature. This environmentally friendly option can save the earth for the next generation.
For example, switching to solar panels can reduce water use. Some energy sources use hydropower and nuclear energy. These options require water to produce electricity.
Switching to solar panels could minimize water scarcity issues.
Buying solar panels can also reduce air pollution.
Fossil fuels produce pollutants, leading to dirty air and smog. Breathing in dirty air can impact your health, causing headaches, asthma, and allergy. It could lead to bronchitis, anxiety, and cancer, too.
Switching to solar energy will reduce your contribution to air pollution.
If everyone makes the change, we could also fight climate change. Toxic gases like carbon dioxide and nitrous oxide contribute to air pollution. Air pollution contributes to the greenhouse effect, contributing to catastrophic weather events.
The earth’s retention of heat from the sun is increasing as a result. Using home solar panels could help prevent climate change. Solar panels won’t release these pollutants and gases into the air.
You can reduce your carbon footprint and protect the earth for the next generation.
4. Enhanced Technology
Solar panels have changed a lot over time. Consider purchasing the best home solar panels available on the market.
These panels are more efficient. They’re also durable, ensuring they can last for years. It’s safe to use and easy to adopt as well.
5. Solar is Affordable
As the technology continues to improve, home solar panels have become more affordable as well.
By 2030, one in every seven US homes will have a solar photovoltaics (PV) system. Since 2017, the average cost of solar PV panels has dropped by 70%. About 3% of US electricity comes from solar PV and concentrating solar-thermal power (CSP).
These solar energy benefits will eventually offset the cost of purchasing your panels, too.
6. Boost Your Home Value
Are you thinking of selling your home in a few years? Make sure your property stands out from the rest. Consider marketing the benefits of solar panels to attract buyers.
Installing solar panels could increase your home’s value by over 4% more than similar homes without panels. That’s about $9,274 for the median-valued homes in the US.
You can make your home more desirable to homebuyers in the area. Meanwhile, your property will stand out. You might have an easier time selling your home faster.
When reviewing these solar panel benefits, look into the future.
7. Help Your Neighbors
You can send the excess electricity you produce to the grid. Remember, the electricity company will even buy the electricity from you. Then, you can help other homeowners in the area.
If there’s a natural disaster, they might even rely on your excess energy.
You can also use net metering to make money from this excess energy.
Remember, solar panels have improved a lot over the years. They’re now built with durability in mind. They can withstand harsh weather conditions.
Their durability means you can enjoy these solar energy benefits for years to come.
Bask in the Sun: 8 Stunning Benefits of Solar Panels
Turn that sunshine into a power source! Consider these eight stunning benefits of solar panels to your home. With home solar panels, you can save money, make money, and help the environment.
Start experiencing these benefits firsthand by adding solar panels to your home this year!
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