Summer is coming and the sun is shining. But the sun serves as more than just a backdrop for long summer days and vacation memories. Those same solar rays that illuminate your days at the beach and your backyard picnics can also serve to provide energy to your house. Listed below are five ways in which switching to solar energy benefits your lifestyle and your bank account.
One of the greatest befits of going solar is the amount of savings incurred on monthly electricity bills. Although savings rates vary by location, most homeowners can see a savings of at least 40% or more on their monthly statements. This savings calculator gives a good estimation of potential savings by city: https://www.energysage.com/solar/calculator.
Improve Property Value
Solar panels improve not only a home’s utility bill, but also its property value. According to a study by the Lawrence Berkley National Lab, homes with solar panels generally sell at a greater price than those without. Companies like ML Solar have the ability to create personalized design plans to maximize the potential property value increase of each individual home according to size and location.
Home owners who install solar panels are entitled to a federal tax credit under the law. Currently, The Investment Tax Credit (ITC) offers a 30 percent federal tax credit applied against the tax liability of a residential (Section 25D) property. These savings can be converted into other home improvement projects or applied to a perfect summer vacation.
Protect Your Roof
Solar panels protect your roof by adding a second layer of protection against the elements. Because the panels are slightly raised, wind and rain help to rid the roof of debris without causing damaging. Installing panels increases the overall life of your roof.
Protect the Environment
Perhaps the most important aspect of taking your home solar is the fact that you will reduce your carbon footprint. Solar homes protect the environment by reducing our dependence on fossil fuels and combating greenhouse gas emissions. Solar energy reduces the toxins that pollute our air and water such as carbon and nitrogen dioxides as well as mercury and particulate dust.
Upgrading your home to solar energy is an investment in both your home and your community. With more confidence in your home, and more money in your pocket, you’ll have the ability to increase your enjoyment of your home both this summer as well as the many summers to come.