Solar power has become an increasingly popular source of energy for home and business owners across the United States. Using photovoltaic and silicon solar cells to convert radiation into power, solar panels will eventually be an essential source of energy in the future. Fortunately, integrating the use of solar energy into a home or business is a simple process. In addition to being an easy upgrade, solar offers home and business owners alike a number of other benefits. Discover the many ways in which solar energy can change your life for the better.
Solar saves you money. Going solar can save you hundreds of dollars a month on your energy costs. The typical solar panel is typically covered for upwards of 20-some years, which means your energy savings can total into thousands of dollars over time. Additionally, your savings are reflected almost immediately - solar purchase power agreements (PPAs) and solar leasing have made it possible for homeowners and businesses to switch to solar easily and cost-effectively.
Solar increases the value of your property. Purchasing a home or investing in a business that utilizes solar power translates into lower energy costs for future buyers and investors. Installing solar panels on your home can increase the overall value by $17,000 on average. For commercial properties, this value could be astoundingly more, depending on the scope of the solar panels used. In a world where consumers are seeking ways they can lessen their carbon footprint, solar energy is extremely attractive to those looking to buy property as well.
Solar offers tax credit incentives. There are amazing tax benefits tied to installing and utilizing solar energy. Prior to 2009, you could only claim $2,000 in tax credits when you had a solar system installed. Today, that cap has been lifted, which means you can now receive 30% of the total cost of your system equipment and installation back in tax credits. When combined with your state and local incentives and Solar Renewable Energy Credits, the total cost of your solar energy system could be cut in half.
Solar is easy to budget. Unlike traditional forms of energy, the costs associated with solar power don't fluctuate from month to month. Fixed energy rates make it easy to calculate costs over long periods of time, which makes managing a budget of any size a simpler process.
Solar has less of an environmental impact. Solar has made a tremendous impact on the state of our environment. Solar energy lessens your carbon footprint by replacing those forms of energy that contribute to the country's annual carbon dioxide emissions with clean electricity.
Solar energy creates more jobs. In addition to being good for the environment and your wallet, solar energy is good for the economy, too. For every million dollars invested in the solar power industry, 14 jobs are created.
Solar is a permanent solution. It is evident that we will inevitably run out of oil, coal, and natural gas, which are some of the most commonly relied upon sources of energy. In addition to being expensive and sometimes dangerous, these expendable resources are in limited supply. Solar energy allows you to remain independent and avoid relying on power from sources that will eventually run out.
Infiniti Energy Services offers a number of solar solutions for residential and commercial properties. To learn more about how solar power can benefit your home or business, contact us today!