Save money from day one
Will you save money? One of the most touted benefits to having a solar power system generating ample electricity for your home is how it’s supposed to help you shave a sizable chunk off your utility costs. But is the initial cost you have to fork over to the solar company for the equipment and installation all worth it in the end? Let’s find out.
It gets cheaper over time
There are numerous factors that affect the pricing of solar power systems. One factor is that there are now more options than ever, and competition always helps drive down costs. In addition, there’s now more knowledge about production as well as the materials used to make solar panel equipment.
Over the lifespan of your solar panel equipment, you will definitely get back what you spent for your setup. Once you break even, you’ll be enjoying practically free energy streaming down courtesy of our very own sun.
Save money by slashing your electricity bills
When it comes to household solar applications, many people attest that installing a solar power system helps reduce their power bills by around half, sometimes even more. Some people who have crunched the numbers say they will get their investment back by year 5, and for a system with a 10-year warranty, for example, that’s just simply a great deal.
Not to mention that electricity rates always seem to be going up. At least once a year, households experience a bump in the price for which the electricity company charges. If you feel like there’s something wrong with that setup, one of the best ways to work around this system is to make sure you’re paying less.
Take advantage of energy storage solutions
If you can shell out money for a decent-sized power storage option from your solar equipment provider, then you’ll have more flexibility when it comes to your energy consumption. That’s because you can store your excess power production for the times when you need it most. That means you won’t fall short of your household’s requirements during the peak times of the day where your energy requirements spike for a few hours.
Having a good storage capacity will also allow you to maximize your solar power system. Even during periods of lower sunlight availability, such as in winter or during rainy stretches of the year. Again, power storage will need you to pay a bit more up front, but the advantages surely outweigh the cost.
You will also benefit from any excess energy your panels create
During daylight hours, when the sun is shining, your solar panels will be generating more power than your home needs. This constant production of excess power though doesn’t go to waste. Using a technique known as Net Metering, this surplus power feeds back into the commercial grid, and “banks” there for you to use at times when the system is not producing power.
If you’re interested in slashing your electricity bill by a considerable percentage, a meeting with your local solar energy equipment provider should be in order. Learn about the options available to you, as well as the possible setups that will most benefit your usage requirements.
The initial cost might be the only thing that holds you back. But once you’ve hooked up that solar power system to your home, you will be able to enjoy big savings. Plus, you get clean and green energy to power your home—and that part of the deal is certainly priceless.
The best time to start your switch to solar energy is now. Get going on that future now by installing a solar power system installed in your home today!
Contact us at Renewable Energy Corporation today for a free quote. We will provide all the advice you need to make the decision to go Solar!