The world is running out of fossil fuels; that’s why it’s time to explore renewable energy sources like solar power for your home. Solar offers many benefits, and with an average installation costing less than $15k, you can break free from dependence on fossil fuels today.
What is Solar Energy
The cleanest and most abundant source of solar power is sunlight. Solar energy is the light and heat that come from the sun. Solar energy can convert into electricity. Solar panels for home electricity use capture some of this light energy and convert it into usable power.
Solar panels are electronic devices that capture light energy from sunlight and convert it into electricity through a photovoltaic process. The panels themselves are composed of either silicon cells made up of layers of silicone or thin-film, which are flexible, lightweight, low-cost plastic materials coated with photo-electric semiconductors.
Direct current (DC) electricity is converted into alternating current (AC) electricity when the solar panels are hooked up to an inverter. The AC is then connected to your home’s breaker box and used as power, just like the power you get from your local utility. They even come with battery storage units that can store excess energy and continue to power your home on cloudy days.
Is Solar Right for You
If you have a good amount of sunlight shining on your home, adding solar panels is a smart choice.
Consider your financial situation- will it be worth it to pay upfront for an installation, or would signing a contract with a company that provides solar leases or loans be better? Look at how much money you spend now on utilities and keep those costs in mind when weighing your options. Finally, many companies offer excellent incentives if you’re looking at government programs or tax credits for renewable energy products. For example, Reliant Energy plans offer affordable solar renewable energy plans that will help your lower your power bills in no time.
Another significant factor is where you live and what utility companies service your area. Various states offer great incentives and rebates that can offset costs significantly. Even if your state does not offer renewable energy benefits, there are federal tax incentives available.
Using Solar Power for Your Home
Solar power allows you to increase your property’s value by potentially saving you thousands of dollars on your annual utility bills. According to Verde Energy LinkedIn, solar power reduces greenhouse gas emissions and does not rely on limited or polluting fuels like coal or gas.
A significant benefit of solar power is the independence it gives the homeowner from rising electricity costs. Homeowners can be independent producers of their own electricity, which can be fed back into the grid. Homeowners can even sell the battery-stored energy they produce back to the electric companies, which is more significant than just saving on utilities.
Purchasing a solar panel system for your home will typically recoup all costs within 7-10 years, depending on several factors, including average electric rates, energy usage, and state rebates. After that period, you’re reaping the full benefits of the system’s savings.
As you can see, using renewable energy like solar power for your home offers many perks. Solar reduces your dependence on fossil fuels, lowers your electricity bill, and leaves a better environmental impact than traditional energy sources. If you live in an area with lots of sunshine throughout the year, consider having solar installed.