Benefits of solar energy

There are a plethora of reasons why home and business owners install solar, but improving the environment and cutting energy costs are the most frequently mentioned. Many people are aware that solar is an excellent home or business upgrade and are eager to cut their carbon footprint while also improving property value. For some, saving money is the paramount concern and following the installation of panels, energy generation is cost-free. Whether your goals for going solar are economic, environmental, or personal, the list of solar power benefits will have something for everyone. Here are some reasons why solar energy is good for your home and more popular than ever in the United States.

The cost of solar is dropping across the nation; eliminate electric bills

\Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a significant portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire thirty-year lifecycle. Even if you don’t produce all of the energy you consume, solar will reduce your utility bills and you’ll still save money.

Earn a great return on your investment

Solar panels are one of the best ways to invest, with returns rivaling those of more traditional investment options like stocks and bonds. Thanks to substantial electricity bill savings, the average American homeowner pays off their solar panel system in seven to eight years. 

Protect against rising energy costs

Another unsung benefit of solar panels is the ability to hedge utility prices. In the past decade, residential electricity prices have gone up by an average of three percent annually. By investing in a solar power system now, you protect against unpredictable spikes in electricity costs. If you’re a business or homeowner with unpredictable cash flow, going solar also helps you better forecast and manage your expenses.

Increase your property value

Multiple studies have discovered that homes equipped with solar power systems have higher property values and sell more quickly than non-solar homes. Appraisers are gradually taking solar installations into consideration as they value homes, and as home and business investors become more educated about solar, demand for properties powered by solar panel systems will continue to grow.

There has never been a better time to install a solar power system!

Solar power is here to stay, and the sooner you explore how much you can save, the sooner you can enjoy the benefits of residential solar power. Go to HahaSmart.com and try our price checker tool. It tells you how much solar power you need, and how much you can save.

Please visit our solar blog to find out more about the benefits of going solar.