5 Key Benefits of Solar Panels

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The need for renewable energy is becoming more and more apparent every day. While the government and big businesses are taking steps to reduce the number of fossil fuels we’re reliant upon, what can you do as a homeowner?

Have you considered installing solar panels? By now, you’ve probably driven by several homes in your neighborhood that have invested in this form of renewable energy. But are solar panels worth it?

We’re here to help you answer that question. Keep reading for the top five benefits of home solar panels.

1. Lower Energy Bills

First, let’s talk numbers. Your solar panel costs will vary based on how much power you want to supplement your home with and where you live. Obviously, if you want to power your entire home on solar energy, your costs will be greater. 

However, you can also increase your solar capabilities over time. Regardless, using solar energy will significantly reduce your energy bills.

The average homeowner pays close to $120 a month for electricity. Imagine being able to put that money away for vacations, shopping, and other luxuries.

2. Increased Home Value 

One of the major financial benefits of residential solar panels is increased home values. By installing a solar system in your home, your house will hold more value on the real estate market. Even if you don’t plan on selling anytime soon, you can use the added equity to refinance or pay off other debts. 

3. Valuable Tax Incentives

When you invest in home solar panels, it’s not just the environment that will thank you. The US government understands the need for renewable green energy.

As such, you can get a substantial return on your initial solar system and solar panel costs. Just make sure you work with an accountant or CPA to learn how to claim your solar expenses on your next tax return. 

4. Off-Grid Capabilities

For some people, the most important solar panel benefits are the off-grid capabilities they offer. For example, if you’re building a getaway cabin or new home in a remote area, solar panels might be your best option for providing power to the house. 

Solar panels are also an effective solution for traveling tiny homes, like RVs, converted vans, etc. You can power all of your electronics with roof-mounted solar panels. Check out https://blueravensolar.com/utah/ to get a better look at your options. 

5. Environmental-Friendliness

Finally, for those who are concerned about the health of our planet, solar panels provide a green energy solution they can feel good about. When we burn fossil fuels (coal, oil, and gas) for energy, it creates greenhouse gases that are harmful to the ozone layer. 

As the world has become more developed and populated, these greenhouse gases have increased exponentially, causing a devasting amount of damage to the planet. This includes rising temperatures, destroyed ecosystems, extinct animal species, and more. 

The more the world at large comes to rely on green energy, the sooner the balance will be restored. 

Ready to Outfit Your Home With Solar Panels?

Are home solar panels the right choice for your house? As you can see, there are a wide number of benefits that everyone can enjoy. Do you want to save the planet, save money, go off-grid, or do all three?

For more home and lifestyle advice, stick around for a while. Read through some of our other articles while you’re here. You’re sure to find more valuable insight and helpful information. 

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