The advantages of solar energy are endless. Most homeowners are aware that solar will help them reduce their electricity bill and their carbon footprint, but what else will it do?
1. Reduce or eliminate your electricity bill
The cost of electricity is a monthly recurring bill for most homeowners and in most states and provinces the price of electricity has continued to increase year-over-year. When going solar, you’re able to offset that price through the electricity that’s produced from your solar PV system and put back into the grid. In states and provinces with net-metering you are credited for the electricity that your solar PV system puts back into the grid and pay less for the price of your solar lease and new net-metering electricity than without.
2. Create a sustainable future
Solar helps to reduce your carbon footprint by reducing the amount of emissions you’re emitting and directly impacting your health and those around you. Lower emissions result in less emergency room visits for respiratory systems, heart attacks and mortality cases. For some homes, using solar as a power source is the same as planting nearly 2,500 trees.
3. Protect your roof
Solar helps to block harsh elements such as rain, hail, snow and sunlight from making direct contact with your roof and actually protects the longevity of your shingles.
4. Use an abundant source of energy
Solar panels don’t rely on limited resources like fossil fuels. Every hour there is enough sunlight to power the earth for one year. Thousands of dollars shine onto your roof every year, it’s up to you to convert and collect it.
5. Create jobs
Solar jobs across North America have increased at least 20% year-over-year for the last 4 years. In 2016 there was 260,077 solar workers across North America, which was a 25% increase over 2015.
Learn more here.
6. Increase your home′s property value
Among all the advantages of solar energy another major one is the property value it adds to your home. Factors such as the size of your installation, location and value of your home will vary the amount your homes value goes up, however according to the National Renewable Energy Laboratory, each additional $1 in energy bill savings (from your solar installation) adds $20 to your home’s total value.
Solar can also help you sell your home 20% faster.
7. Protect yourself from rising electricity costs
The energy you produce from your solar PV system credits your utility bill. For every KWH you produce, you credit your utility bill one KWH. If you’re paying 15 cents per KWH today it will hold the same value if your cost per KWH increases to 30 cents per KWH.
8. Solar has little maintenance and a long life span
Solar panels don’t have any moving parts. In the rarity that something does break most solar leases put the responsibility of repairs onto the solar installer. Not to mention they have a very low degradation of only 0.3-0.5% a year. So after 20 years they are still producing at 90-94% efficiency.
9. It’s the future
In 2016 the United States reached a milestone of 1,000,000 solar installations and expected to reach 2,000,000 by the end of 2017. The health of our planet is a concern for all and the speed of which solar is being adopted is rapid.