Top 5 Benefits of a Home Solar Panel Installation

As interest in freely available energy from the sun grows, you may be on the fence about whether you should join the many homeowners who are transitioning to renewable energy. As with anything else in life, there are a few disadvantages, but you will find that the benefits of a solar panel installation so greatly outweigh any disadvantages that you should give it serious consideration. You should read about the best solar inverters in 2019 before you jump into buying one. These are the top 5 benefits of a home solar panel installation to help you make a well-informed decision.

1. Immediate Reduction in Your Electric Bill

From the very first day, you will begin saving money on the cost of electricity. Although the initial cost may concern you, it will be significantly offset by the savings on those steep monthly bills. In fact, with the right size system and a battery to store power for nighttime hours, there will come a point when you can eliminate your bill altogether!

2. Rebates and Tax Credits

Sometimes you will hear that the cost of an installation is a bit steep. However, coupled with the immediate savings on your power bills, your local government may have initiatives to help you cover those costs. Talk to your installation contractor about rebates and tax credits available where you live – they make a huge difference.

3. Easy to Maintain

One of the best advantages, of solar power over other forms of renewable energy is that solar panels are low maintenance. You may want to have them inspected every few years, but even that cost is minimal in comparison to the huge savings you will receive when not drawing power (or as much power) from the grid. The life expectancy of most solar installations is roughly 25 years, and that’s as long as the roof they will probably be mounted on!

4. A True Green Energy Source

Wind and hydropower are also green sources of energy because they utilize no fossil fuels in the production of electricity, but the upkeep on those will be higher in areas where they are even feasible. The benefit of a solar installation is that you can have solar panels literally anywhere in the world. With wind and hydro, you are dependent upon air currents and water respectively. The sun shines everywhere, so power is always available!

5. Adds Value to Your Property

And, finally, if you ever want to sell your home, a solar installation will add value to the property. Homebuyers are already making one of the biggest investments they’ll probably make in the course of their lifetime, so the savings on power bills will be huge to them.

There are literally so many benefits to be had from harnessing free energy from the sun that the only concern you may have would be the initial cost of the installation. However, as technology advances, costs are dropping as well. With rebates, tax credits and a significantly lower power bill, you can expect the system to pay for itself in no time. At that point, it’s all savings, and that’s the best of all!