There’s no question that green energy has finally begun to hit solid legs, and the interest in safe environmentally friendly energy sources like solar has reached an all-time high. While there are still some places where solar panels don’t make as much sense (Alaska winters, anyone?) but when you live in a warm paradise like the Sunshine State of Florida, getting solar panels isn’t just an option: it just outright makes sense! Read on to learn why investing in a home solar system is definitely the way to go!
How Much Will You Save?
This is the big question, isn’t it? The truth is that the amounts will vary based on a few factors, including how much you pay for each kWh of electricity in addition to how much electricity you use per month on average anyway. In most states, residents see a drop of 30% or more on a monthly basis, and the amount saved is even higher when you take into account the savings from not using all that electricity when the rates are hiked up.
There are some states where the amount is much higher, and in some cases, a large enough system can allow a home to go completely off the grid or even stay on the grid but produce an excess of electricity that the utilities are then obligated to buy back from you. These are the more extreme examples, but they do happen and go to show just what the possibilities are. Even if your average electric bill is $200 a month and your savings are $100, that is $1200 a year you will be saving.
This is even before looking at the many grants, tax rebates, and tax incentives that are available in many places and sometimes at multiple levels of government.
Grants & Tax Rebates
There are many grants out there encouraging people to make the switch to solar, and that grant money can often take a big chunk out of the initial expense of putting a system in. There are also tax rebates and incentives at every level. Whether you are looking at the federal tax benefits that apply everywhere or the many state programs that give further rebates, there are plenty of options for getting tax write-offs, rebates, or refunds depending on the specific program being cited.
Depending on where you live, you may find a local municipal ordinance or program that adds even more savings on top of that. Some communities like to encourage a movement towards renewable energy, and a lot of solar panels on the roof looks better than many small windmills in backyards (and the solar panels are far more effective, too).
A combination of grants and tax benefits can add to some huge savings off the initial installation price and really make solar more affordable and an obvious financial benefit even before enjoying all those much lower monthly bills.
While not saving money directly, one side benefit of solar panels is that they often add value to a home and make it more appealing to prospective buyers. If you ever move this could lead to a higher selling price. Who doesn’t like seeing their assets increase in value all by taking an action that is going to save them money?
In addition to all the financial benefits, by using more solar energy instead of coal or oil, there’s no denying the positive environmental benefits that come from investing in solar panels. Solar is a favorite among environmentally conscious individuals because it not only helps the Earth but it is easy to have installed and the tangible economic benefits take effect right away.
Green energy has continued to get cheaper and easier to produce as the technology continues to be developed. As renewable energy becomes more common and widespread, solar continues to become both cheaper and more effective. At the same time that renewable energy sources like solar are becoming more and more affordable, traditional electricity continues to become more expensive. If you’re looking to save money, these two counter-trends make it really easy to see what direction you need to go.
What Are You Waiting For?
There are many amazing benefits to making that switch to solar power, but maybe none are so good as the savings your wallet will feel. Solar power is going to save you some serious money over the long term, and the benefits start with the very first utility bill that pops up in the mail. So what are you waiting for?
Make one single phone call and we can get the ball rolling on setting you up with the ideal solar unit for your home. You can be green-friendly and start saving money today!