A significant growth of the U.S. solar marker was recorded in 2012 at 76{a82f01179429940c996270e41ad11c5aa2cfd080a54890f74ac390dde083491a}. Never in the past has the use of solar power in American household been this large. There should be a reason why most homes are choosing to use solar these days. Highlighted are the benefits of going solar.
It will save you money in the long run. By adding the solar in your home, then you might end up saving around $100 each month. When you translate this to two decades, then you will find you have preserved over 30,000, and that is less than the length of a typical solar warranty.
You will be able to start saving from day 1. Most people who get the panel choose to finance it using the pay-as-you-go option. Thus, this implies a third party corporation which in most cases is the solar provider is the one who owns the solar system. It is the company that will handle all the needs that the solar panel might have and that is the installation, maintenance, repairs, and monitoring. The owner is only left to pay for the power. The price you end up paying will be less than the one you will pay to the utility business.
It will offer you a low reimbursement period. If you opt for cash then the payback period you will get in most situations is less than a decade. Most homeowners get about five years before they start enjoying the monthly saving of paying lower electricity meeting the entire cost of the system.
Increases the value of your home. When one buys a home that has solar panels they will end up paying lower electricity cost. Thus, having a house that has solar panels will increase attractiveness in the market. According to studies done by the National Renewable Energy Laboratory homes with the solar panels sell 20{a82f01179429940c996270e41ad11c5aa2cfd080a54890f74ac390dde083491a} fast and with 17{a82f01179429940c996270e41ad11c5aa2cfd080a54890f74ac390dde083491a} or more increase in cash.
Getting the panel offers you a safe investment. The problem with the utility firms is they keep fluctuating the electrical prices. When you get a solar panel, you can be able to calculate the much electricity that will be generated and the rate you will have to pay. You can have this calculated done for at least the next 20 years. You should note that this is a fixed energy cost.
Getting Solar is a way you can use to protect the environment. Most people who choose to get solar view the benefits on the financial aspect. The environment will also benefit from this purchase. The carbon emission rate is high and thus, this being the case, then one can be able to it by replacing the utility with clean electricity from the solar panels.