Among the many reasons homeowners choose to go solar; reducing electric bills, increasing home equity and protecting the environment are the top 3 reasons.
No matter what your reasoning for converting to solar power, we've supplied a list of 8 valuable reasons that cover all benefits that anyone can take advantage of.
One of the most dreaded monthly expenses for homeowners and business owners alike, is the electric bill. With a solar panel system, you can generate free power power over the typical 25-35 year lifespan of your system.
This top benefit is pretty easy to grasp - when you install a solar panel system for your home, you generate your own electricity, creating less dependency on major utility companies and ultimately reducing/eliminating your monthly electric bill. Use this instant estimate tool to get an estimate of your electricity bill savings and projections in your area for up-front cost and 20-year solar savings.
I'm sure most of you think of these solar panel systems as an expense. We here at Bayou Solar value them as an investment considering their ROI (return on investment) that rivals more traditional investments like stocks and bonds. The typical solar system pays itself off within 7 to 8 years and can return an ROI of 20% or more. Make sure to consider the amount of sun your area gets throughout the year for maximum benefit.
For business owners, consider the draw of solar practices with the newer, up-and-coming generations and their willingness to do business with companies who have a green initiative.
Learn more about our
solar products.
Investing in solar energy systems today can lock in your rate costs and protect your home from increases in electricity costs in the future. Gain a better hold on managing your expenses and forecast your future expenses by going solar. This can prove especially favorable for homes and businesses with fluctuating or unpredictable income.
Research has shown that homes equipped with solar energy systems can add $20 value per each $1 in energy bill savings . An example being a small 3.1 kW system adding an average of $18,300 to the value of a mid sized home. Property values increase respectively as you scale up your system. Also, as electricity prices climb, the advantages of solar energy will rise as well.
The idea of solar has jogged the interest of millions of Americans, yet very few have taken the time to educate themselves on the process of installing them. The undeniable benefits of having solar panels installed, complements recent studies that found property values increased after installation.
Renewable energy through the sun will play a huge role in making the United States energy independent. As we increase our capacity to generate electricity from the sun, our country will become protected from price fluctuations of the global energy markets.
Learn more about the journey to becoming more energy dependent
here.
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The
Solar Foundation
found that the solar industry has created over 242,000 jobs overall in the U.S. as of 2018. It is projected that solar jobs will increase by 7% by the end of 2019. The solar related job sector provides valuable employment and benefit considering jobs cannot be outsourced and the work usually pays more than typical service work.
Cutting carbon emissions is essential to our future generations and the world we will leave behind. Solar is an excellent way to ensure our planet is protected in the days to come.
The average U.S. home emits around 20 metric tons of carbon pollution per year. Switching to solar can eliminate up to 4 tons of carbon emissions each year.
One of the greatest advantages of solar power is that it benefits our environment while also helping the U.S. to make the necessary transition away from non-renewable resources. As we search for the most cost-effective ways to reduce our carbon output in the face of climate change, solar energy has proven effective and reliable.
There are 2 major solar incentives that homeowners can benefit from in most states . Solar renewable energy credits
actually allow homeowners to sell certificates to their respective utility companies as you produce energy.
Net metering is a system of debit and bill credits that are accrued over the year and depending on how much energy your home produced, will offer a debit or credit to your account .
