Most people do not realize that there is a tremendous resource shining on the top of their roof. The sun offers a way to save thousands of dollars while helping to clean up the environment. Your roof could easily be used to generate solar power that comes with an assortment of benefits for you and everyone else who lives on planet Earth.
Affordable conversion to solar power
Homeowners and business owners can get in on the new Solar purchase power agreements known as PPAs and the cost to get into these programs is usually minimal with low or no down payments for financing. The total cost can be spread out with affordable pay as you go terms. The company that owns the solar power system completes the installation of your solar powering and also provides maintenance and monitoring services. Solar power provider rates are far less than the rates charged by electrical utility companies.
How much you will save
The addition of solar panels to your roof can net you a savings of at least a hundred dollars a month in most states and more, depending on your power consumption levels. These are averages that are put forth by One Block Off the Grid. If you’re financing your solar power system it is possible that the savings will make the payments for you so it truly does amount to a win-win situation all the way around. It takes most home and business owners approximately five years to pay off the costs of conversion with cost-efficient payment plans and seventy-five percent of the population with solar energy use this option.
Benefits of adding solar panels
Homes equipped with a solar energy option have lower energy costs but there are other benefits that help to increase the overall value of the home. It increases the attractiveness of the real estate market. Comparisons show that houses featuring good energy ratings that translate into energy efficiency average a twenty percent faster rate of sale and earn about seventeen percent more than similar homes reliant on electrical utility services.
Solar panels also qualify for tax breaks and incentives. These are offered by the respective states and localities. It is worth checking out because it can help to increase your financial bottom line at the year-end. You can earn SREC (Solar Renewable Energy Credits) credits annually and the state of New Jersey is a good example of how the average solar customer earns between five and seven thousand dollars in these credits per year.
Perhaps one of the most compelling reasons to make the switch to solar energy is that it is a clean and efficient way to contribute to the health of the environment. In addition to all of the financial benefits, what really matters is that we are contributing to the health of the planet for future generations and making preparations for the future of renewable energy sources. Changes will eventually come whether we participate now or not. Making the conversion to solar power is a step in the right direction and there are more reasons to do it sooner rather than later than there are to wait.