Experts predict that 20% of all energy produced in the US will be solar by the year 2030.
Would you like to get ahead of the curve? With the big push towards greener, cleaner energy, 2021 is the perfect time to make the switch to solar.
If you’ve been sitting on the fence, we’re here to help you make this important decision. Here are five compelling reasons to install solar panels for your home.
1. Solar Installation Is More Affordable Than Ever
Many homeowners bulked at high solar panel installation costs in the past, but things are different now. In fact, the cost of installation has dropped 70% in the past decade!
Reputable companies like Blue Raven Solar and others are now offering installation packages at very affordable prices. The cost is even more affordable when you consider other incentives, which we’ll get to next.
2. You’ll Get Major Tax Breaks
Have you heard of the federal solar tax credit? It’s officially known as the solar investment tax credit (ITC). But whatever you call it, it equals one thing: major savings.
During 2021 and 2022, the ITC will remain steady at 26%. This equals thousands of dollars in tax credits you can enjoy on next year’s tax returns!
In addition, many states offer local perks for installing solar panels, such as rebates or locked-in incentive rates. It’s worth doing some research to find out what incentives are available in your locale.
3. You’ll Save on Your Electric Bill
Thanks to net metering, you can offset the cost of your electric bill (or maybe eliminate it altogether) by adding solar panels to your home. Because you’re powering your home with energy from the sun instead of the electrical grid, your bill might drop to almost nothing.
What’s more, you can actually “sell” excess energy to the utility company. This shows up in the form of credits on your electric bill against future usage.
You’re also protected against the ever-rising costs of electricity, which has been going up about 2.5% annually across the nation.
4. You Can Utilize Solar Battery Storage
What happens if you live somewhere that doesn’t enjoy year-round sunshine?
No worries! You can install backup storage in the form of solar batteries to draw from during nighttime and cloudy days. You can even keep your home running smoothly if there’s a power outage in your area.
Bonus: Like the unused energy from your panels, you can “sell” the excess energy from your batteries to local utility companies too. This could result in serious savings during high-demand periods!
5. You’re Helping the Environment
Experts predict a global ecological disaster within the next 50 years if we don’t rethink our energy resources.
Perhaps the most compelling reason to switch to solar is you’ll be going your part to reduce your carbon footprint. By using clean energy now, you’re helping to create a better world for future generations.
2021 Goals: Install Solar Panels on Your Home
Solar panels benefit the environment. They save you money. And they’re cheaper to install than ever before.
The question isn’t whether you should install solar panels. The real question is: Why haven’t you already done so?
Did you enjoy reading this post? Keep browsing our site for more great articles!