You weigh the pros and cons of what to do for lunch. If you're considering a decision as big as installing home solar panels, it's worth a lot more info and thought than sandwich or tacos. Contact online >>
You weigh the pros and cons of what to do for lunch. If you''re considering a decision as big as installing home solar panels, it''s worth a lot more info and thought than sandwich or tacos.
Solar is gaining usage and popularity at the same time that the tech, incentives, solar companies, and cost are all changing. A lot of this is good news for current and new solar users. At the same time, it can be complicated.
You should know the whole spectrum, the pros and the cons, before making a major investment, so you can make the right decision for your needs.
If you''re thinking about powering your home with 100% clean, 100% renewable energy, it pays to get your questions answered. This article will cover solar energy pros and cons for wherever you are on a home energy journey.
With solar being the fastest-growing energy source, you might have heard about some of the benefits of going solar. The main pros include cost savings, economic incentives, earnings through surplus power, and a reduced carbon footprint.
Electricity is inextricable from modern life. We now use electricity to cook, cool our living spaces, and power critical devices, including necessary health devices and cars.
As our reliance on electricity increases, so do the monthly costs. Reducing electricity consumption to lower your monthly bills is a fine idea, but it''s very difficult to change habits and you can''t cut real needs.
Solar energy can reduce your electricity costs. You can use a smaller system to cover part of your power needs, or meet them all with a large enough system. In either case, you''re reducing your monthly electricity costs.
Many people go solar and realize savings without changing their lifestyle. When looking at the pros and cons of solar panels, the ability to reduce or even eliminate your utility bill is often one of the biggest benefits.
It''s important to work with a reliable residential solar power installation company and invest in the equipment necessary to meet your electricity needs. Your usage will be offset by the electricity generated by your solar panels, and you can earn credits to cover your utility bill by sending excess electricity to the grid. Moreover, installing solar power panels can save you money through tax credits offered by the federal and state governments.
Millions of Americans buy houses each year and, while they may consider location, size, and layout of the house, many don''t stop to consider its cost in utility bills. By examining recent energy bills, homebuyers can get a peek into the long-term health of the home and how it impacts their budget.
A house with solar panels is more appealing to buyers and typically sells for more. Research by Zillow shows installing solar panels can increase your home's value by up to 4.1%.
"Between the incentives and the monthly savings, the installation will be paid off in no time, and the panels increase the value of my house by $15,000! Can''t ask for better than that."---A 5-star customer review of Palmetto Solar
Industry research indicates buyers will pay more for a house with solar energy for two key reasons. First, it allows them to take advantage of work that''s already been done to enjoy a solar power system that suits the home''s needs. Second, solar power helps keep monthly utility bills low after they move in.
Electricity prices rose sharply in places over the last few years. According to a US Energy Information Administration (EIA) report, residential electricity prices will continue to rise in coming years.
Yes, such increases are gradual, but they add up and can put a strain on your finances over time. Installing a solar power system is one of the best ways to combat this continued rise in the price of electricity.
Other than the initial price of installation, you will typically incur only a few other costs during the lifetime of your panels for things like routine annual maintenance. The lifetime of modern panels is 25 years or longer.
Global warming is arguably the most significant threat the world faces, and human activity is the primary contributor. When greenhouse gases such as carbon dioxide, methane, chlorofluorocarbons (CFCs), and nitrous oxides are released into the environment, they prevent heat from Earth from escaping into space. As a result, the temperature of Earth's atmosphere continues to rise, causing climate change.
While Earth has always had greenhouse gases, the amount entering the atmosphere has increased exponentially over the last century. If left unchecked, these gases pose a significant threat to the survival of human beings.
While we know most of the emissions come from the commercial activities of a handful of companies, many homeowners still worry about their individual contribution to global warming. At a global level, the average carbon footprint per person is 4 tons. However, in the United States of America, this average rises to 16 tons.
Current data indicates we must reduce the global annual carbon footprint to under 2 tons per person by 2050 to prevent a planet-wide rise in temperature of 2 degrees Celsius. Per the current climate science, an increase of 2 degrees Celsius could result in severe weather events, water shortages, rising sea levels, and more that would be catastrophic to human, plant, and animal life. This is not an easy feat, but we can achieve it through conscious, deliberate, and concerted efforts.
If you want to reduce your personal carbon footprint and do your part for the planet, consider using solar power for your electricity needs. Since the technology does not rely on fossil fuels, it significantly reduces your carbon consumption.
Fossil fuels seem like an endless source of energy, but they are finite. If we continue to use them without moderation, we could exhaust them.
That possibility fuels the international push for renewable sources of energy as a long-term solution. Choosing sustainable resources reduces our reliance on fossil fuels.
Lifetime greenhouse gas emissions by electricity generation source. Credit: NREL
Solar power is the epitome of a renewable energy source. As long as the sun continues to shine, solar power is inexhaustible. The bright side is solar power has the potential to meet the world's energy needs if it's harnessed well.
Homeowners have incentives to use residential solar energy. Most of these financial perks are at the federal government level. Some states and localities also have incentives. Some programs aim to reduce the entry cost of purchasing a solar power system. Some give consumers additional savings and cash back after installation.
One of the biggest incentives is the federal solar tax credit, also known as the Residential Clean Energy Credit. It applies to both commercial and residential solar power installations, allowing you to deduct up to 30% of the total cost of installing or adding to a solar energy system from your federal taxes.
Since there is no cap on how much you can deduct, the Residential Clean Energy Credit can save you tens of thousands of dollars. If you''re interested in learning more, here''s Everything You Need To Know About The Solar Tax Credit.
In some areas, you can be recognized as an energy producer via net energy metering (NEM). With net metering, when the surplus energy your system produces goes to the grid, you earn credits on your electricity bill.
Depending on where you live, you can capitalize on solar renewable energy certificates (SRECs). This program incentivizes homeowners to install a solar power system and sell certificates to utility companies, as SRECs let the utilities prove their renewable energy is from solar sources.
For every 1,000 kilowatt-hours (kWhs) of electricity your system produces, you can earn one SREC through a "solar carve-out" program. In states with such a system, SRECs can be an important part of your solar savings.
For most consumers, lower power bills and being greener sound appealing. One more concern, though, is the reliability of solar energy. Though home solar power may seem to be a new concept, it has been in use for over three decades. It''s currently used by millions of homes across the US and the technology is constantly being improved.
If you live in a relatively cold area or one with harsh winters, electricity is essential for heating the home. You may be skeptical of solar panels' efficacy in such environments, as shorter days, increased cloud cover, and snow can reduce sun exposure, and thus, electricity production.
However, modern solar panels can endure bad weather, and the technology is designed to produce the maximum amount of electricity with a minimal amount of sun exposure.
Solar power professionals use complex modeling strategies to determine the amount of solar energy your roof receives based on local climate conditions. The goal is to deliver a custom solar power solution that addresses your specific needs.
While solar panels cannot produce electricity when covered with snow, it''s less of a hindrance than you''d imagine. Since panels absorb heat from the sun, the snow melts faster than it does on the ground and considering the panels are mounted in a slanting position, it slides off easily.
About Home solar panels advantages disadvantages
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