The cost of home energy and electricity has risen across the country. It means most people are switching to solar energy, which benefits the user and preserves the environment. Once you install solar panels in your home, it will take several years before you have to service them. Solar panels have many advantages. Below are some of the main benefits.
It improves your energy bills and energy stability
One of the enormous benefits of going solar is that it can save money. The average U.S. consumer pays about $400 per year on their energy bills, which rises to $600 when they have a lot of energy-consuming appliances in their home. Going solar can help you reduce your energy bills by up to 30%, saving you up to $900 over a year.
The savings continue after the system is installed as well. Research has shown that going solar can positively impact the stability of your energy bill by reducing your reliance on the grid — and in some cases — it can even make your bills go down.
It can help you earn myriad tax breaks
Several state and federal tax avoidance premiums are available to you if you decide to install solar panels. You can get tax credits over $1000, meaning that the cost of installing the solar panels will be lower.
That said, these tax breaks are due to expire in 2024 without government intervention.
Help to reduce your carbon footprint
If you’re looking to make a short-term impact on your carbon footprint, switching to solar panels is one of the best ways. By reducing your reliance on fossil fuels and increasing your dependence on renewable resources, you’re reducing the amount of carbon dioxide in our atmosphere.
Going solar doesn’t happen overnight and it requires significant research, time and commitment, but it goes a long way towards saving you money and leaving the environment a little cleaner.
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