Last Updated on August 6, 2022 by
Unfortunately, even though home solar panels are affordable and environmentally friendly, only 4 percent of Americans have them in their homes. The good news is that some experts believe that as more governmental aid becomes available for those wanting to have solar energy, more people will have eco-friendly homes.
Do you know other benefits of solar panels? If not, in today’s post, we’re going to go through some of the best solar panel benefits for the environment and your pocket.
Table of Contents
1. Energy Independence
Local utility companies depend on outside sources to provide electricity, so if those sources charge more, the company will need to raise its prices. Fortunately, one benefit of having an eco-friendly home is that your energy bill will always be the same price.
2. Increases Home Value
Unlike other home improvements, solar panels never decrease in value. On top of that, a huge selling point is that the new homeowners will save thousands of dollars in energy bills. Of course, there are different types of solar panels, so some may add more value than others.
3. Government Incentives and Rebates
As mentioned in the intro, local governments have started to offer incentives as a way to push people into having an eco-friendly home.
For example, if your installation costs more than $20,000, you can receive a tax credit for at least $6,000. Of course, you’ll need to check with your local government to know how much you can get since every state does it differently.
4. Always Powered
Whenever there’s a power outage in your area, you may need to wait a couple of hours before the local power company gets the grid back up. But, by having solar panels, you won’t have to worry about losing power since you don’t depend on the local power grid.
5. Easy Maintenance
A common misunderstanding about solar panels is that you need to spend a lot of money to keep them well-maintained. But, the truth is the most you’ll need to do is hose them down to remove any dirt or debris. Some solar companies like Trione Energy can also help you keep them up and running at a low cost.
6. Earn Some Extra Cash
A lesser-known benefit of solar panels is net metering, which is when you sell the extra energy you make to the local power company. But, of course, there’s no set price on how much you can get, so you’ll need to contact your local energy provider for more information.
Benefits of Solar Panels for You and Your Family
As you can see, there are lots of benefits of solar panels. But to sum it up, you’ll save money in the long run, earn some extra cash, and create a cleaner environment. So, don’t wait any longer and switch to solar energy today!
Would you like to know about solar power and its benefits? If so, be sure to take a look at our other posts!