The United States produces close to 100 gigawatts of solar energy per year. That's an increase of nearly 29,000% within a decade. There's no slowing the shift to renewable resources.
Less reliance on the devastating oil companies will save our planet. Not only that, it'll save you some money. If you're considering using solar power in a home, start here by reading the benefits.
The Value of Your House
People are on board with switching to solar. There's no denying the statistics of home solar power. In fact, there are already 18 million homes in the US that have switched.
In the coming years, having solar or not will be a selling point for your home. Those without it won't be able to tout their energy independence. And the houses that do have panels installed sell for, on average, $15,000 more.
The additional equity you get from conversion can entirely offset the initial costs. There's virtually no downside to having panels installed.
Solar Power in a Home Reduces Pollution
It's no secret that renewable resources are our ticket to a greener planet. But what are the benefits of a less polluted world?
The poor quality of air can be a major detriment to your family's and your health. Emissions caused by energy production aren't safe for human inhalation, especially long-term.
There are financial benefits of less reliance on fossil fuels, as well. With less demand for gasoline, things like commuting will be significantly cheaper. The cost-savings will be evident in the lower price of groceries, furniture, and any commercial good.
The Money You'll Save
Electric companies charge about 13 cents for every kWh consumed. Across all of your devices, you're probably spending $150 a month on energy bills. That's assuming there aren't any upcharges for peak usage times.
Across a year, you could be saving nearly $2,000 if you entirely remove yourself from the grid. Over a decade, you will have paid off the installation of your panels.
This is assuming you use a professional team, like those at https://blueravensolar.com/colorado/solar-panel-installers-fort-collins/. If you have the know-how and will, you can save some money and install them yourself.
Government Subsidization
Aside from the savings that you'll see on your energy bill and the equity in your house, the government offers additional subsidies. The US and China are in an energy arms race. The federal government will do just about anything to get you to convert to solar.
That includes paying for it.
As of 2021, they're offering up to a 30% rebate on the cost of your panels. You can combine those tax credits with any subsidies offered by your state, which are plenty. You should expect to have about half of your solar conversion paid for by Uncle Sam.
Let the Sun Shine
Using solar power in a home is this generation's gold rush. Everyone is making the switch today.
Converting your house will likely net you a return. From the increased equity in your home to the government subsidies, there's gold in sun rays.
Are you planning on converting to solar energy? Check out our other articles on all the benefits of renewable resources and to learn more about solar power for homes.
