Advantages of Using Solar Panels

Smart Finance

A trend that is growing increasingly popular among residential owners is that of switching from traditional power sources to using solar energy.  While some doubt the power and efficiency of solar power, or worry about the high costs of installation, there exists many incentives to making the switch from other types of power to using solar energy to power one’s home.  These incentives range from both personal benefits for the consumer, to nationwide impacts, and even benefits that can be felt on a global level.  The combination of the personal savings one can achieve to the wide reaching national and global impact of these benefits clearly supports the purchase and use of solar panels as one’s primary residential energy source.

Money Wise

The first way that one can benefit from the installation of residential solar panels is on a personal level.  For one (and a reason most heads of households will appreciate), there are financial benefits to installing residential solar panels.  In fact, the Federal and many State governments provide incentives for their residents to switch to using solar power.  The 2009 Stimulus Bill, for example, has a clause allowing those who install residential solar panels to receive a federal tax credit worth up to thirty percent of the total cost of the system.  The large tax credit can help offset the initial costs of installing the residential solar panel systems.

Additionally, some states, cities, and counties offer additional rebates that can help one save even more on the start-up costs associated with installing a residential solar panel system.  The City and County of San Francisco, for example, offers those who install photovoltaic systems on their properties incentives ranging between $2000 and $2750, depending on whether the system is mounted by a local install such as .  Low-income families who might other struggle to put together the funds to install a residential solar panel system can receive bonus incentives of up to an additional $7,000, demonstrating that the systems are not only for the high-income classes.

Many utility companies also offer remunerative incentives for switching to a solar panel home, meaning that you will save money on your energy bill every month.  Combined with the incentives and rebates offered by the various government bodies, these savings can quickly offset the initial cost of installation.  Furthermore, despite the fact that the presence of solar panels increases the value of one’s property, the state of California does not increase the associated property tax on your property.  This means that one can feel the benefit of increased re-sale value without the associated costs of increased annual property tax costs; a clear win-win for every residential owner.

There are many other reasons other than financial to make the switch to using solar panel.  One reason why one should consider making the switch to using solar power is that it has a minimal impact on the environment.  While the use of fossil fuels emits incredibly carbon, methane and particulate emissions that contribute to the destruction of the all-important ozone layer, solar energy contributes no harmful emissions to the environment.  Additionally, while other fuel sources require large-scale mining and drilling operations, exness solar energy require neither one of these types of environment-damaging projects.  Even the physical footprint of solar energy is minimal, as the solar panels can be arrayed on rooftops, telephone poles, isolated spaces in the desert, and other areas that do not require large amounts of room.  If helping to keep the Earth a safe and environmentally-sound place to live, for now and future generations, is a cause to which you wish to make a contribution, then switching to solar energy is certainly a choice that one should consider.

Advantages of Using Solar Panels
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