BENEFITS OF SOLAR

The Top 10 Benefits of Solar Power

1. SAVE THOUSANDS OF DOLLARS

The top benefits of solar power come from the savings! According to Berkeley Lab News Centre, adding solar panels to a home can save homeovers over $100 per month in many states. Over 25 years, the length of a typical solar panel performance warranty, this translates to more than $30,000 in savings! We can calculate your savings with a solar power system for your home or business. Click the button below to get started with a free estimate.

2. START SAVING FROM DAY ONE

You can save 30% off the overall cost of your solar power system (including any strengthening required for your roof) with current federal incentives. That means a third of the cost comes back to you in tax credits! Businesses can also depreciate up to 85% of the cost of a commercial solar power system over six years against your tax liabilities. (Speak with your tax professional regarding depreciation options.) In some cases, the USDA will offer a 25% grant towards the total cost of your solar power system and provide financing. All of these savings come before you have even started to save on electricity costs! In Indiana, if your system produces more electricity than you can use, the local electricity provider will buy back the excess at the same rate that you buy it from them.

3. SHORT PAYBACK PERIOD

The payback period for a solar power system is often less than ten years. If you decide to move, we can take the system down and install it on your new home.

4. INCREASE YOUR HOME VALUE

Another of the major benefits of solar power is that in can increase the value. ofyour property. A solar power system increases the market value and attractiveness of a home, similar to homes with low property taxes, homes in good school districts and homes with good Home Energy Ratings (a measurement of energy efficiency). The value added to your property by the solar panels will not increase your property taxes! In Indiana, the value added by installing solar is exempt from property tax and in Kentucky the increase only applies when you sell the home. A study conducted by National Renewable Energy Laboratory (NREL) concluded that homes with solar panels sell 20% faster for 17% more. The U.S. Department of Energy’s Lawrence Berkeley National Laboratory found that the sales price of a home with solar panels increased an average of $17,000.

5. TAKE ADVANTAGE OF INCENTIVES

When you install a solar power system on your home or business, you will get 30% of the total equipment and installation costs back as a federal tax credit. Combine this with any state and local rebates where available, Solar Renewable Energy Credits & SREC’s and your total cost can be cut in half. To find out what state and local incentives are available, schedule a free consultation.

6. SOLAR IS A SECURE FINANCIAL INVESTMENT FOR YOUR FUTURE

With a solar power system, you can turn continually increasing electricity prices from utilities into fixed energy costs. We can calculate how much electricity a solar power system on your home or business will generate at what price, for at least the next 20 years.

7. GUARANTEED PERFORMANCE

The solar components that we use for installations  include at least a 10-year manufacturer guarantee and a 25-year limited performance warranty. Typical solar panels continue to perform at 80% efficiency even after 25 years. The actual lifespan of solar panels is expected to be much longer, and they are likely to still generate a good amount of electricity up to 30-40 years.

8. ENVIRONMENTAL BENEFITS

The majority of homeowners choose solar power for financial reasons. However, environmental reasons rank high as well. The U.S. produces 17.9% of global annual carbon dioxide emmisions, second only to China. You can lower your carbon output by replacing utility power with clean energy from solar panels. The average residential solar power system offsets about 100,000 pounds of carbon dioxide in 20 years – the equivalent of driving a car for 100,000 miles!

9. ENERGY INDEPENDENCE

The U.S. imports about 40% of the petroleum that we use annually. You can reduce dependence on foreign oil and gas by switching to solar power. With a battery backup or off-grid system, you can gain energy independence.

10. WE MAKE SOLAR EASY

We make going solar easy! We will remotely survey your property and provide an initial assessment via email. It will include information on what we can install, an estimate of the total installation cost, and how much you could potentially save with a solar power system. When you are ready to move forward with the installation, we will schedule an appointment to complete a full survey of your property before completing design plans. Going solar has never been easier. We will help you weigh your options, identify tax breaks and solar incentives, and answer all your questions. Request a free estimate to get started!