The benefits of having manageable utility bills
If you experienced high electricity bills last summer, you’re certainly not alone. Many families saw increases of 15% or more, and this year that figure is set to spike even higher as our energy needs keep growing. Since the onset of the pandemic the way we live has changed. To begin with, many of us are spending more time working online from home. So what are the benefits of a home solar installation?
With the need to keep comfortable in the sweltering weather, the AC is likely running endlessly. Moreover, the kids are home from school playing video games and working online. As a result, your wi-fi and broadband demands are high. The washing machine, tumble drier, dish washer and cooker each need current, so energy costs just keep rising. In short, trying to balance the budget just seems a hopeless task.
Fortunately, there is a solution that more and more homes are starting to take advantage of. The answer is to switch from the expensive grid power supply to economical solar energy. By installing home solar panels you can enjoy your summer without worrying about higher electricity bills.
By installing Solar this summer you’ll enjoy all the benefits
To begin with, if you install a home solar system this summer, you immediately take advantage of the longer days and abundance of sunshine. Once you have clean, renewable solar powering your home, your electricity bill will drop right down. With a good installation the benefits make it possible to reduce your bill to virtually zero.
But will these benefits be available at all times?
Your rooftop solar panels do transform your home into your own personal power plant. However, this is only true when the sun is shining. So, what about your power needs at night, and in very inclement weather conditions, or a grid blackout? To begin with, you will need to remain connected to the commercial grid, but this will bring benefits and savings.
To illustrate how this works, consider the following. During the long summer days, a good solar system will generate more power than you can use. Utilizing a system known as net-metering, your system automatically feed this excess energy back into the grid. This electricity that you return to your grid provider remains as a credit in your account. Your system thus acts as an investment allowing you to bank your excess power until you need it. When you draw grid energy during the night hours, you can make use of these credits to save money.
The benefits of energy security during the summer
Power outages tend to happen more frequently with the high temperatures that occur during summer. With the commercial grid unable to cope, it could take days before power returns. With more of us working from home, this lack of connectivity is a massive problem.
However, with your solar power system in place you gain security against these disruptions. While your neighbors have no power and thus no connectivity, your solar power supply keeps you working without interruption. Consequently, if you’re not reliant on the grid, blackouts present very much less of a problem.
Furthermore, with a backup battery storage system, your home will stay up and running day and night. Even if your electric grid goes down due to weather or an emergency.
Why summer is the most convenient season for Installation
While installations can occur during every season, the chances of the work stopping due to bad weather is much lower in the summer. Long summer hours give the installer more daylight to accomplish their task. As a result, the project can often get done quicker.
What about the up-front costs?
While some people are hesitant because of the initial cost, the long-term benefits far outweigh this. In fact, you can expect to break even on your solar system in around eight years, together with free solar energy thereafter. Since a solar system should last for 25-30 years, you will enjoy decades of free energy.
Federal Solar Tax Credit set to expire in a few years
The federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar photovoltaic (PV) system. The system must be placed in service during the tax year and generate electricity for the home.
In December 2020, Congress passed an extension of the ITC, which provides a 26% tax credit for systems installed in 2020-2022, and 22% for systems installed in 2023. The tax credit expires starting in 2024 unless Congress renews it. To get the full benefits of this credit install solar now.
Let us answer all your question
Contact Us at Renewable Energy Corporation for a no-obligation free-assessment so that you can judge the benefits for yourselves. Remember, by generating energy from the sun to power your entire household, you will never have to worry about increasing utility costs again.
The US Utility Sector is experiencing massive power demands due to the COVID-19 pandemic. Disruptions could occur at any time.
With a properly installed Solar power supply:
- Your electricity feed will remain secure
- If the power goes down, you won’t be left in the dark
- All essential appliances will continue to work
- Wi-fi and internet connections will remain operational
- You will be unaffected by the inevitable increases in utility costs
- Remain safe and secure while continuing to work from home
Play a role in benefiting the environment by switching to economical, clean and renewable Solar power for your home or business. Get a no-obligation free estimate today!
Contact Renewable Energy Corporation and let us answer all your questions. We can even supply estimates remotely online.
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