Solar Panels For Home Owners
should you go solar?
FEDERAL SOLAR TAX CREDIT
Have you heard about the solar credit for homeowners? The federal tax program allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes. That’s right, with this program, you can get a credit for going solar with no cap on the cost of your solar system! Not only will you be making a positive impact on the environment, but you’ll also be saving money on your taxes. This is a great way to invest in your future and make a difference in the world
SAVE ON YOUR ENERGY BILL
Solar power is one of the best ways to save money on your electric bill. Due to the constantly rising cost of electricity, solar power can save the average homeowner hundreds of dollars each year. In addition, solar puts you in control. While energy costs continue to rise, your solar payment will not. By cutting out your power company and switching to solar, you put thousands of dollars back into your own pocket.
When you go solar, you own your power and become an energy producer. Homeowners without solar are currently renting their energy production. With no ownership in your utility company, you pay a monthly power bill without ever seeing a return on that payment. Why not cut them out? You pay an energy bill anyway – make that money a lasting investment by putting it into a clean energy producer that you own.
A study by the National Renewable Energy Laboratory found that homes with rooftop solar panels sell for an average of 4.1% more than comparable homes without solar panels. In addition, solar-powered homes tend to sell more quickly than non-solar homes. The solar market is continuing to grow, and as more buyers are interested in solar-powered homes, the value of homes with solar panels is likely to continue to increase.
FIND OUT HOW THE FEDERAL TAX CREDIT CAN SAVE YOU THOUSANDS WHEN GOING SOLAR
FREQUENTLY ASKED QUESTIONS
Solar panels are photovoltaic cells that convert solar energy into electricity. They are often used to power homes and businesses, and can also be used to generate heat or hot water.
When it comes to residential homes, solar panels can be used to supplement or replace your traditional power source. Installing solar can also help increase your home’s value.
Solar panels work by converting sunlight into electricity. The photons in sunlight hit the solar panel and generate free electrons within the panel system, which are then drawn to the electrodes. This process creates an electric current that can be used to power your home or business.
Solar panels can improve home value in a number of ways.
First, they can help to reduce your energy bills.
Solar panels can also increase the resale value of your home, and make it more attractive to potential buyers.
Additionally, solar panels can help to reduce your carbon footprint and make your home more environmentally friendly.
Solar panels are definitely worth it if you are looking to save money on your energy bills or increase the value of your home.
Solar panels do require an initial investment, so it is important to do some research before making a decision.
There are many factors to consider, such as the cost of installation, the size of the system, the climate where you live and your energy usage.
And don’t forget about the Federal tax credit available on your solar energy system — AKA the solar investment tax credit. There are also other solar tax credits. Learn more here.
The size of your solar power system will depend on your energy usage and the climate where you live.
The average size of a residential solar panel system is between 6KW and 8KW, depending on area, roof and climate.
Our technicians can help give you a better idea of how much solar power you need for your specific home and location.
Solar panels work best in sunny climates, however, they are still very effective in colder climates where solar panel installation is on the rise. Residents will see adequate ROI on solar installations.
There are many solar incentives, including reducing your carbon footprint, saving you money on your energy bills and increasing the value of your home.
Solar panels are also a great way to hedge against rising energy prices, as they provide a fixed cost for your energy usage — and for most homes, you don’t many solar panels to ensure that!
You can also get tax credits for solar panels.
Solar panels typically have a lifespan of 25-30 years.
Contact Elio! We install solar panels and will help you figure out the best way to integrating solar panels into your home. Our technicians will help you determine the best location for your solar panels and will provide a free quote. Give us a call today!