6 Benefits of Residential Solar
How these 6 benefits from going solar can change everything for your home
Going solar has never been more affordable and practical for homeowners. With the extension of the federal solar tax credit and partnerships with financial institutions, the cost of going solar has significantly decreased. Homeowners can enjoy a 30% tax credit on their solar system and make monthly payments that are equal to or lower than their current power bills. Additionally, having a backup battery ensures uninterrupted power during blackouts and bad weather. Solar systems work in all seasons, collecting energy through various methods. Going solar increases home value, saves money on power bills, and helps offset the increasing power needs of electric vehicles and appliances. Embracing solar energy offers a brighter and more affordable future.
Going Solar has become more affordable today than ever before. Since the federal government has extended the solar tax credit until January 1st, 2033, you can enjoy a 30% credit on the cost of your solar system when filing your income taxes. Using this credit towards your solar loan will keep your solar loan the same as it was when you first started.
In addition to this, ION Solar has partnered with several financial institutions making it possible for you to go solar with no money down. Instead, you will make monthly payments that will be the same or lower than your current power bill!
Benefit 1: Getting A Back-up Battery Can Keep Your System Running with Blackouts
Imagine having the power to keep your essentials on despite any blackouts! Having a backup battery can help you not only achieve this during bad weather or grid failures but help you on your path to becoming self-sufficient. As your panels continue to collect energy, your backup battery can store when you have collected, allowing you to always have extra energy on hand when you need it most. Having this local energy storage will allow you to continue to have uninterrupted power whether it is day or night.
Benefit 2: Solar Systems Work in All Seasons
Did you know that solar systems collect energy in more than three different ways? It collects energy through visible light, infrared or heat radiation, and ultraviolet (UV) radiation. The most effective method is direct visible light, but what about the others? Solar panels can collect energy if it is snowing, rain, or hail, ultraviolet light and infrared or heat radiation can still be collected. The weather may play an effect on how productive your panels are, but fear not, through the NEM program, you will never have to worry about being without power.
Benefit 3: Going Solar Increases Your Home Value
Simply stated, adding solar to your home will likely increase your house’s value by 4.1%. On top of that, homes with solar typically sell 10 days faster than homes without panels. With a pre-paid loan on your system, you can see an increase in offers and value for your house.
Benefit 4: You Can Save Money Going Solar
Over the last 10 years, we have seen a steady increase in the cost of power for power companies. With the data we have seen, we can expect a 2.68% increase per year for the foreseeable future. Using solar energy rather than traditional energy eliminates the increase since your loan will not increase from year to year. After your panels have been paid off, there will be no more monthly bills, allowing your money to be spent in places you want it to be.
Benefit 5: Adjusting for the Increasing Power Needs
With the introduction of electric cars, electric scooters, skateboards, and many more transportation options that now are using an electric method rather than gas, we are becoming more and more dependent on electricity. On a smaller scale, we now have electric air conditioning units, smokers, barbecues, air fryers, etc, which adds to the power usage. While a home 10 years ago did not have some or most of these options, we are creating a new issue of drawing more power from the grid than ever before. What we do not know is the constraints of using this much power from the grid will cause. Having solar on your home will help offset your usage by reducing your impact on your local grid and your community at large. Less local load means fewer grid upgrades which can help reduce the cost of the power you do use if you are not 100% offset.
Benefit 6: Environmental Sustainability
Switching to solar energy also has significant environmental benefits. Unlike conventional power, solar power does not release harmful greenhouse gases into the environment, which contribute to climate change. Instead, it uses the clean, pure energy from the sun. Furthermore, solar power doesn't require water to process, unlike other forms of energy production, thus conserving valuable water resources. Also, by reducing reliance on fossil fuels, we decrease the risk associated with spills and other environmental accidents linked to oil and gas extraction and transport. Thus, transitioning to solar power helps create a sustainable and secure energy future, preserving the environment for future generations.
Conclusion
Going solar offers many benefits for homeowners. With the aid of government programs such as the 30% tax credit on the solar system and pricey power bills being replaced with lower solar loans, it is more affordable and practical to go solar than ever before. Despite adverse issues with weather and other ailments, you can rest assured that your panels and batteries will take care of any concerns you may have. So why wait? Join the solar revolution and embrace a brighter, more affordable tomorrow!