Is Going Solar Right Now the Correct Choice?

With the ever decreasing cost of going solar and the ever-changing new technological advances in the solar industry, many people wonder if right now is truly the best time to install solar. They figure if they wait longer, it will only continue to get cheaper, and the advancements and efficiency will only continue to get better and increase. However, the truth of the matter is, right now is the absolute best time to go solar. Don’t wait until 2019 when the tariffs have taken full effect and the federal tax credit is starting to go down. Doing it right now is the absolute best course of action you can take if you’re invested in going solar.

The reasons you should be choosing to go solar in the first place.

Some reasons going solar so are obvious, such as contributing to a cleaner environment or supporting U.S. energy independence. But there may be other factors you haven’t considered. For example, many people are thrilled to generate their own power and feel empowered when they don’t have to pay an electric bill every month. For others, that electric bill can be substantial and if they were able to invest in a solar energy system, their electric bills are no more. They also don't have to worry about power outages if they have a solar battery for backup.

Get on those tax credits and rebates right now, before they start going away.

There are assorted great solar rebates (many in California) to take advantage of. They can offset the cost of solar in a tangible way. But they won’t be around forever. The Federal Tax Credit, which is available in all states, offers a significant 30% reduction on solar installation prices. But it shrinks to 26% in 2020. Also, the transition to solar isn’t always a rapid process, depending on many conditional factors such as your solar provider, the permit process, your individual circumstances, and your utility provider.

Instantly increase the value of your home when you go solar.

In a recent study, the U.S. Department of Energy’s Lawrence Berkeley Laboratory analyzed the value of homes with rooftop solar. Not surprisingly, one of the findings was that home buyers consistently pay more for properties with solar power systems installed. In fact, homeowners who invested in solar made back at least as much as they invested in buying the system. Plus, homes with solar installed spent less time on the market, which is a benefit for all concerned.

Save on your energy bills right now, before they continue to climb.

With fossil fuel based energy costs on the rise and always volatile, rooftop solar will save you money every month. Solar power offers the home or business owner more control since the rates for solar don’t fluctuate like they do with utility companies. If your electricity bill is around $100 a month or more, there’s an excellent chance solar could save you considerable money in its 25+ year lifespan. You could even end up selling electricity back to the utility, depending on your energy consumption and the utility company in your region. Stated simply, the sooner you switch to solar, the more you’ll save over time. And the less likely it will be that you’ll end up having to deal with even higher electricity bills before you get the chance to finally get your solar system installed.

Want to learn more about all the great things going solar could do for your life? Check out the HahaSmart blog!

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