Energy costs are increasing, and solar panel usage is increasing right alongside them, especially within states like Georgia, Texas, Utah, and Florida.
Roofing experts are encouraging residents to install solar panels on their roofs.
1. Saves You Money
Adding solar panels to your roof can save you over $100 a month. Over 20 years, that’s about $30,000 in savings.
Plus, many homeowners choose a “pay as you go” option. Here’s how it works: A solar provider owns your solar panel system, so they take care of installation, care and maintenance, monitoring, and repairs for you. All you have to do is pay the provider for electricity, and it ends up being far less than you would have paid a utility company.
However, if you choose to pay in cash, the payback period is usually less than 10 years. Weigh your options and discuss with a roofing contractor to decide what’s best for your home.
2. Increases Your Home’s Value
Adding solar panels to your home greatly increases the value of your home. This is because solar panels mean lower electricity costs for the homeowner, which truly makes your home more attractive to potential buyers.
Just like good school districts and low property taxes, a home with a good Home Energy Rating (energy-efficiency) can make potential buyers more interested.
There are both state and federal incentives to installing solar panels on your roof. Along with government rebates and Solar Renewable Energy Credits (SRECs), these incentives can cut your costs in half.
There was once a $2,000 cap on Federal Solar Tax Credit, but it ended in 2009. Nowadays, you’ll get 30% of your total installation and equipment costs back. Say your system was valued at $25,000; you’ll end up saving about $8,000.
Note that local incentives can vary by ZIP code, so talk to a roofing expert to help you figure out which ones apply to you.
4. It’s Easy
Going solar may sound scary, or difficult, but rest assured that it’s never been easier to go solar.
5. Fixed Energy Prices
Don’t you hate it when utility companies up their prices, often referred to as “surge pricing” during the busiest hours of the day? Unfortunately, many utility contracts contain statements that they may change prices at any time. This can leave you unsure of what to expect on your next electricity bill.
With solar panels, you’ll enjoy fixed energy prices for at least two decades. That way, you always know what to expect.
We love the world we live in, and we should all do our part to help take care of it. Going solar can truly help you contribute to environmental health.
While most homeowners make the decision to go solar due to finances, there are also benefits for the environment. Adding solar panels to your roof is an excellent clean energy alternative.
Did you know that China leads the world in annual carbon dioxide emissions? The United States comes in second place, at 17.9% annually. With solar panels, you can do your part to reduce your carbon footprint.
7. Supports Energy Independence
Solar energy is another step towards energy independence for the U.S.
In 2012, net imports accounted for 40% of the crude oil and petroleum products Americans consumed that year. By switching to solar energy, you can help reduce our dependence on foreign energy.
8. They Last a Very Long Time
Solar panels have excellent longevity, so when you get them installed by a reputable roofing contractor, you can trust they’ll be there for the long haul.
While most roofing warranties vary from 20-25 years, the truth is that solar panels have a much longer lifespan. In fact, after 25 years, your panels should still be operating at least 80% performance.
In general, solar panels tend to last for about 30-40 years, so they’re a solid investment.
In the end, solar panels are a solid investment that will save the environment and save you money, along with a host of other cool benefits. So what are you waiting for? Get in touch with a solar energy contractor today to start reaping the benefits of solar power.