With the world in the grip of climate change and global warming, many people are turning towards solar energy, which has many benefits and almost no disadvantages. By using solar energy, the dependence on fossil fuels will slowly decline, which will be beneficial for the planet.
There are many benefits to installing solar panels on your home. The main pros are:
The solar market considers a solar installation an important home upgrade, like a renovated kitchen or a finished basement. Experts have calculated that a home’s value could increase up to $20 for every $1 that a solar energy system saves on energy costs per year. Homes with solar power systems stand out more in the market, are valued higher, and are sold faster than typical homes.
Fighting Power Outages:
In 2020, US homes experienced over eight hours of electric power interruptions. Common reasons for these outages are:
- Extreme temperature.
- Tropical storms.
Most Americans rely on a backup energy source to power their homes to avoid power outages. Two standard options are solar battery storage and backup generators. Although both options work well, the combination of a solar battery with solar panels provides a favourable alternative since they:
- Operate quietly and efficiently.
- Need negligible maintenance.
- Offer clean, harmless energy.
- Are reliable.
Solar Energy is Environmentally Friendly:
Firstly, you don’t use fossil fuels to generate electricity, lowering your carbon footprint and dependence on fossil fuels. If this is done globally, climate change can be slowed down or halted.
Air pollution levels will drop, the emission of greenhouse gases will decrease, air quality will increase, drastic weather patterns will start becoming normal, and fossil fuels will be saved for future generations as an alternative energy source in times of need.
Solar energy is inexhaustible, clean, and the most abundant renewable energy source. The power of one hour’s worth of sunlight meets all the energy needs of all humans for a year. One megawatt-hour (MWh) of solar energy can offset 0.5 to 1 ton of carbon dioxide produced, which is great to know if you’re using solar energy and want to lower your carbon footprint.
Decreasing Electricity Bills:
Your electricity bills will decrease significantly, which will allow you to have huge savings. Your electricity costs can be easily offset if you install solar energy. With the increase in demand, production, and research of solar panels, they are becoming more efficient and less expensive. The average solar panel can last 25 years and pays back the invested amount in 6-10 years.
You can also apply for incentives and tax rebates to increase your savings. A federal solar tax credit can easily deduct up to 30% off the tax on your solar energy system. Net metering (depending on the area) can help you earn money for the extra electricity you generate and sell to the grid.
Furthermore, your energy production and consumption are entirely in your hand. This way, you can efficiently save money while lowering your consumption while ramping up energy production. Extra power from the panels can be stored in solar batteries too. These can be used at night or in times of need to power your home.