Solar energy is known for its benefits to the environment, but it also has numerous other benefits that many people don’t know about. Solar energy is an incredible money saver that eventually pays for itself over time. It is also a clean energy source that reduces our demand on fossil fuels. In this blog, we will discuss the benefits of switching to solar, and why it is truly the most sustainable, long-term energy source.
- Solar Panels Can Be Used Anywhere
With solar energy, you’re not limited to the certain areas where the resource you need is made. Solar energy is everywhere the sun is, which is everywhere! In recent years, there has been a push to utilize solar power for regions with no access to electricity. This could change lives for millions of people who spend their lives without electricity. Solar energy is also used to power boats and other remote vehicles that wouldn’t normally have access to electricity. If you are building a house in an unpopulated area, purchasing a boat, or need to bring energy to a remote location, solar energy is the answer.
- Tax Breaks For Solar Panel Owners
Solar panels are a great investment because they result in major money savings. Many people don’t know this, but when you invest in solar panels you receive a federal income tax credit when you file your taxes. This results from the cost of equipment and installation. The average tax credit from solar installation is approximately 30 percent. This means that investing in a $25,000 solar system results in about $7,500 back in tax credit. This benefit applies to both commercial and residential solar panel installation, and there is no cap on its value.
- Saves You Money On Energy Bills
Not only are you saving money on taxes with solar panels, but you are also benefiting from significant reductions in energy costs. Using solar panels means you’re relying less on the utility company, and therefore reduced energy bills. Reduction in energy costs comes into effect immediately as soon as the solar panels are installed. Live somewhere cloudy? On average, the sun is out at least two hours per day in the most cloudy locations. Even on cloudy days, solar energy is still be collected and used.
- Reduce Dependence On Fossil Fuel
When we invest in solar energy, it reduces our dependence on fossil fuels that harm the environment. Energy from the sun is clean and pure energy that is free to collect and never runs out. We will eventually run out of oil, coal, and natural gas, so solar energy is an investment that lasts a lifetime! The more we use up the world’s supply of fossil fuels, the more expensive and dangerous they become. This harms our economy and our national security.
Solar panels are great resources to help the environment. An average solar system offsets approximately 100,000 lbs. of carbon dioxide in 20 years. That is the equivalent of driving a car 100,000 miles! Solar panels also don’t harm the world’s water supply because they require little to no water to operate, unlike fossil fuels that use significant amounts of water and pollute our water supply.
- They Pay For Themselves
The lifespan of solar panels is long enough for them to pay for themselves over time. They are able to withstand heavy weather and seasonal temperature changes for approximately 25 years at 100 percent performance. After 25 years, the industry standard guarantees 80 percent performance. The average solar panel system’s life is between 25 and 40 years. In that amount of time, they’ll pay for themselves in money savings multiple times over.
Investing in solar energy is an investment that is changing the world. It saves you money, helps the environment, and benefits the economy. With summer approaching, now is the perfect time to invest in solar panel installation for your home. To learn more about solar panel installation in the Florida area, call All Good Energy today and take advantage of the Florida sunshine!