Over the years, solar energy has become an excellent option for reducing your home’s environmental impact while providing other benefits like supporting local shops and aiding energy independence. With the cost of using solar energy as a source of electricity in homes gradually decreasing each year, several Americans are now switching to solar panels. According to USA FACTS, over one million solar panel installations have happened in the United States over the past two years. Below are some of the benefits of using solar electricity in your homes.
Decrease or Eliminate Electricity Bills
One of the significant reasons several homeowners choose to install solar systems is to avoid or reduce the monthly amount spent on utility bills. The retail average cost of electricity in the United States is relatively high. To help reduce these costs, all you need to do is install an appropriate size of solar panels and set it up in an ideal location like your roof. Solar panels generate enormous electricity that can power your home appliances and the entire household.
However, while the cost of buying and installing a solar system might be expensive for some homeowners at first, the long-term savings that can be enjoyed from your initial investment is worth the risk. You can opt for a 200 watt solar panel with a charging time of 2.5 hours and power all your home electronic appliances. In the long run, you can eventually eliminate your electricity bills and use the cash for other expenses.
1. Environmental Friendly
Solar systems get pure, clean energy directly from the sun. Installing solar systems in your home will help reduce the effect caused by the release of greenhouse gas and our reliance on fossil fuels. The traditional electricity we consume is gotten from fossil fuels like natural gas and coal. When fossil fuels are burnt to generate electricity, they release dangerous gasses that result in air pollution and climate change.
Using renewable energy like solar panels improves public health, whereas natural gas and coal cause water and air pollution, resulting in health issues. So, by replacing fossil fuels with solar power, you can improve public health and reduce the rate of mortality.
2. Reduced Dependency on Centralized Grids
Going solar means a decreased dependency on the government or private centralized grid. In a world with an increased need and inconsistent supply of electricity, going independent with solar energy is a safer and sustainable long-term option. Solar energy gives you a secured future investment because you’ll have an alternative power source to run your home when your main grid fails.
3. Increases Your Home’s Value
Solar panels are regarded as an upgrade to homes like a finished basement or a renovated kitchen, so purchasing and installing a solar system in your home will increase its value. Studies have shown that people pay a premium amount for a house with a solar system. The study also showed that, on average, a solar panel-powered home has an increased value of up to $15,000. However, market factors like system size and electricity rate can affect that amount.
4. Low Costs and Low Maintenance
While the initial cost of installing a solar panel might be high, some government subsidies and schemes can help you reduce the initial cost. It is also essential to know that the cost of a solar panel is one-time, and considering its durability, which is about 25 years or more, you’ll be required to make little or no repairs.
Contrary to what most people think, solar panels are easy to maintain. You can get your solar panel to last long by carrying out maintenance like washing off dust and dirt and occasionally removing leaves and any other type of fragments each year. Alternatively, you can hire a professional to do the cleaning.
5. Earn Money
Installing a solar system in your home gives you the chance to earn money from the electricity generated through net metering, a billing mechanism for electricity that allows you to earn credit from the extra power your solar panel generates or adds to the grid. Homeowners with solar panels installed can send the excess electricity generated to the grid and get paid. Net metering is widely adopted all over the world, and the amount of credit you get depends on where you stay.
Solar energy is one of the most popular alternative sources of electricity that can easily be installed in homes. It is a sustainable and reliable source of power that, when utilized, can run all devices in your house.