Progressive homeowners are exploring the benefits of fulfilling a section of their electricity requirements with solar power. Installing solar panels or photovoltaic cells are a clean and affordable way of powering homes and reducing electricity bills. Some environment-conscious homeowners install solar panels because it reduces carbon dioxide emissions by approximately 35%. Whatever be the reason, the raging popularity of photovoltaic solar energy systems can be attributed to certain factors.
Top Reasons to Install Solar Panels
Some of the reasons due to which more and more people are investing in solar panel installation are:
Increase home value: Statistics provided by the National Appraisal Institute state that homeowners can increase the value of their homes by $20 for every $1 drop in the annual utility bills. An average solar power product can boost your property’s value by $17,520. After taking rebates and incentives into consideration, your property would cost much less than your purchase amount.
Cut in electricity bills: Electricity bills are a major concern, not just in terms of draining your monetary resources bout also for being hazardous to the environment. Homes and small businesses utilize 500 kilowatt-hours of electricity per month. Some even pay as much as $75 a month. This is higher than the tax-deductible loan payments to be paid every month for financed solar systems. A typical solar panels installation will reduce your bills from $92 to $11 a month.
Reduce carbon footprints: The whole world is becoming increasingly conscious about ‘going green’ and home solar panels installation can be the best way of supporting this endeavor. Electricity usage leads to approximately 6 tons of carbon dioxide emissions per household in the US, per year. Taking into account the fact that an average American produces about 20 tons of carbon dioxide every year, installing photovoltaic systems could lessen your carbon footprint up to 35%.
Solar energy is renewable as well as reliable. Our earth receives sufficient solar energy to power every residential and commercial unit on the planet. So, why leave all the natural energy un-utilized? To top all this, solar panels are made from silicon, ensuring yet another use of natural resources (since silicon comes form sand.) Moreover, production of solar power does not lead to emission of harmful toxins or pollutants. Depending on the system you choose, you can cut down or even eliminate your home’s dependence on grid, especially during massive power shortages.