Harnessing the energy of the sun to power our homes and businesses is no longer just something from a sci-fi movie; it’s technology that can be installed on your property TODAY! Installing a solar power system benefits not only the owner but those around as well. If you’ve never looked at all the advantages and benefits of solar power there are some compelling ideas to consider. A solar power system can increase your property value, save you money on utility bills, create clean energy, and allow you to avoid energy rate hikes.
Solar energy is clean and renewable. No harmful emissions or by-products are generated in the creation of solar energy. Although there are some emissions and by-products associated with the manufacture of the panels themselves, these are lower than what is produced by the use of fossil fuels and are recyclable. New technologies being developed will reduce these even further. As far as being renewable – the sun coming up is a daily occurrence.
If you are a homeowner you probably know that a solar power system can add resale value to your property if done correctly. When you own the system, there are no leases or purchasing agreements to transfer when you go to sell. With the tax credits and grants that are available the actual cost of the system is probably less than you think.
Even if you have to finance all or part of the cost of the system you know what your monthly payment will be. It won’t fluctuate with how much power you use or be subject to the yearly increase in electricity rates (currently about 4%). You will save money by being able to greatly reduce or completely eliminate your electric bills. It can also make money if you generate more power than you use. This excess power flows backward through your meter generating a credit on your electric bill and supplying power for others to use.