Having a photovoltaic panels installation atop your home will require a considerable expense. However, the short, medium, and long-term value you will be gaining will far offset the initial cost. There are, in addition, many ways, some intangible, through which you can recoup this outlay.
Valuable perks in the form of Tax credits
This perk will depend on where you live. Based on your location, you may be able to benefit from significant tax breaks. In some states, for example, homeowners are able to recover up to 25% of system cost. This is in the form of a property tax rebate.
State rates and other location-based incentives will vary. Make sure you ask around and do your research. This way, you get the best possible deal on your solar PV system.
Valuable perks as reduced utility bills
Paying bills is one of the worst experiences in the history of mankind. Now, imagine if you could reduce your monthly utility spending to virtually zero. By drawing on the free power from the sun, this is exactly what you can do! And, if you generate surplus solar power, you also have the option of selling it back to the commercial grid.
Return on investment
The purchase and installation of solar PV does involve an initial expense However, the system will pay for itself just a few years down the line. According to industry estimates, the average it takes for solar panels to pay for themselves is between 6-10 years. That depends on the rebates or incentives you are eligible for, as well as system efficiency. After that period, it’s like money in the bank, as your utility expenses virtually disappear.
Considering the guarantee for the equipment can by around 25 years, sometimes more, you’re getting a pretty good return. Remember, you can also soften the initial expense by availing yourself of flexible payment options the vendor will offer you.
Sustainability, as far as the typical household is concerned, is more about philosophy and principle than pragmatism or practicality. This is one of those intangibles we’ve mentioned at the start. There is no way to measure how ‘sustainable’ your home is. Most people who opt to go this route do so out of a desire to help preserve the environment.
By choosing solar power, you are embracing a renewable source of energy. It is also a cleaner form of energy in general. It produces zero carbon emissions, expels no greenhouse gases, and requires little water during its lifetime.
By reducing pollution and carbon footprint, you are already doing a large amount to benefit the earth’s bio-system. If most of the world’s population were to go solar, the cumulative impact would be massive.
As far as investments for your property go, going solar is one that’s worth your money and your time. A big part of this is knowing that we contribute to keeping the earth clean and green. The financial benefits are just gravy—but they certainly do help make solar solutions more attractive.
Don’t think twice about going solar. Instead, spend that time checking out the options available to you and assessing how you can score the best possible deal. Have a solar PV system installed right away so you can soon enjoy all the perks that go with it!
Let us tell you about the great advantages of residential solar
The benefits are great: save $ on utility costs, add value to your property, and reduce the carbon footprint. These are among the many reasons for getting into solar, but it gets even better than that.
Get in touch with Renewable Energy Corporation, Maryland and DC’s most experienced renewable energy installation company. We’ll give you a no-obligation, completely free, run-down on all the advantages of installing solar on your home. We can even give you a fully accurate estimate of a good system without even having to visit your premises.
There’s definitely no better time to invest in solar than now!
EARN YOUR 2020 TAX CREDITS BEFORE THEY'RE GONE!
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