Posted on June 27, 2020
Solar Panels and How They Can Improve Your Home
Since solar technology is benefiting millions of people around the world, why not go for solar panels to cut on your expanse on electricity bills?
Why you need a solar panel?
Solar panels use photovoltaic (PV) technology to turn sunlight energy into electricity which means you are now totally safe from heavy electricity bills. You can connect the solar panel to a battery and can use it with multiple solar appliances.
One of the greatest merits of solar energy is the considerable amount of savings. The solar panel will repay you its total cost within 2-5 years and afterward, you can enjoy the free electricity for almost 25+ years, as mostly the working life of solar panel is around 25 years. It will provide you 100% free energy, saving thousands of dollars of annual spending on electricity bills.
According to the latest researches, solar panels increase your home value. House with solar panels installed is regarded as a furnished house. Most homeowners prefer to charge higher rates for the homes having solar panels. A research conducted by Lawrence Berkeley National Laboratory reveals that on average, it boosts your home worth around $15,000. It adds to the total worth of your home in accordance with the market value depending on your choice to give it for rent or sale. Therefore, it not only saves your income from the electric bills but enhances your house value as well.
Another great benefit of using solar panels is the Solar Investment Tax Credits ( ITC) by the USA which provides around 26% tax reduction for the residential areas after installing solar panels. It means you can get a refund of 26% that spent on buying a solar system including equipment and installation. Another program offered by the US government is Solar Renewable Energy Certificates (SREC) that allows homeowners to get around $300 after the usage of every 1000 kilowatt-hours ( KWhs) energy by solar power. Various countries around the world offer many incentives for using solar panels.
Through utilizing solar panel, we can make our environment pollution-free from harmful gases. Almost 40% of the carbon dioxide is produced by generating electricity through traditional ways which is one of the major causes of global warming. Solar energy produces electricity without generating any harmful gases. It remarkably lessons the carbon footprints which is the perfect source for reducing the emission of greenhouses gases.
Solar panels generate renewable energy like wind power which can be re-used from time to time. It is far better than the other non-renewable ways of generating electricity. As non-renewable sources are depleting with each passing day, solar energy is the perpetual source of energy which is going to be highly beneficial for the future as well.
It is a common misconception that solar panel maintenance costs a lot. In honest review its maintenance doesn’t require large sums of money. If any sort of malfunction occurs, you can contact your solar agency. One of the other benefits of a solar panel is that it is easy to install and can be used without any hassle.
Hurry up and get your Solar Panel Now!