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Reasons to Use Solar Energy and its Importance

Reasons to Use Solar Energy

A s a homeowner, have you ever thought about using solar power as an alternative energy source? With a 30 percent increase over the last year, solar power continues to be one of the fastest growing energy sources in Abroad.Not surprising, residential solar installations continue to solar. Switching your home over to solar power is an investment, but one that could prove to be beneficial—not just in the long run.

Here we’ve come up with a list of top 6  Reasons to Use Solar Energy.

1. Solar Saves You Money

If your system is large enough,you can reduce your utility bill to near zero. Depending on the electric utility rates and structure in your area, you can expect to save enough on your bill to pay for the system in 5 to 10 years. (Your system should easily last 20 years.) The value of the system will also increase as electric utility rates increase.

2. Solar is Environmentally Friendly

Another reason homeowners should go solar is to save the environment. The energy that comes from the sun is one of the cleanest forms of energy that can be converted into electricity.

3. Solar Energy is Sustainable and Renewable

Just like wind, geothermal, hydropower and tidal power, solar power is sustainable, meaning it has the ability to endure and be productive indefinitely. For energy to be sustainable it needs to meet three requirements: be naturally replenished, improve energy efficiency and be available long term. Solar has been around since the beginning of time, making it a very reliable power source.

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As a renewable energy source, solar power can be replenished naturally; it does not harm the environment and has minimal impact to the surrounding environment. What better reason is there to utilize the sun’s energy!

Reasons to Use Solar Energy

4. Easy Payment Terms are Available

The ability to make payments on your solar system is yet another reason for homeowners to switch to solar. Contractors, utility companies and local governments will finance the system installation, some with very attractive terms.There are also companies that rent out solar panels with no upfront charge.You pay a monthly rental fee to use the panels. The rental company owns and maintains them.With any of these options, make sure to carefully look at the contract, in case you decide to move or want out of the deal.

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5. Solar Increases the Value of Your Home

There’s no argument that residential PV systems increase the resale value of a home. A study by the National Renewable Energy Laboratory (NREL) found that homes with solar panels sold 20 percent faster than those without solar increases value of a home

6. The Government Will Pay Part of the Cost

Receiving some extra help from Uncle Sam is another reason why home owners should go solar. The good news is the federal government offers a 30 percent tax credit. (Yes, a tax credit, not a tax deduction, if the system is installed before Dec. 31, 2016). This means you should get your contractor on board by mid 2016. There may also be some state and local utility incentives depending on where you live.

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