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We don’t have to drain the planet’s natural resources to keep the lights on anymore. By choosing smarter, cleaner ways to power our homes and vehicles, we’re supporting our biggest home earth.
If you can afford to pay your electricity bill you can afford to go solar. $0-down solar financing make it easy for homeowners to start saving on their electricity bills by going solar.
Solar panels absorb energy from the sun throughout the day and convert it into direct current (DC) electricity. Most homes and businesses run on alternating current (AC) electricity, so the DC electricity is then passed through an inverter to convert it to usable AC electricity. At that point, you either use the electricity in your house or send it back to the electric grid.
When you install a solar energy system on your property, you save money on your electricity bills and protect yourself against rising electricity rates in the future while adding value to your home. The exact amount you can save depends mostly upon the utility rates and solar policies in your area, but going solar is a smart investment regardless of where you live.
Studies have shown that homes with solar energy systems sell for more than homes without them. Your property value will only increase if you own, rather than lease, your solar panel system. In most parts of the country, going solar will actually increase your property value more than a kitchen renovation.
Net metering is the system that utility companies use to credit solar energy system owners for the electricity produced by their solar panels. With net metering, you only pay for the electricity that you use beyond what your solar panels can generate.
When you install solar panels on your property, you will still be connected to the grid. In effect this makes the utility company your battery storage as you draw from the grid when your system is not producing all of the power that you need, and send power back to the grid when you produce more than you use. It is possible to go completely off the grid with a solar energy system that includes battery storage, but it will cost significantly more and is unnecessary for almost every homeowner.
If you own your solar energy system, your solar house will sell at a premium: studies have shown that solar increases property values. However, if you lease your system, that is not the case. You will need to either buy out your lease before you sell your home, or work with your leasing company to transfer the lease agreement to the home’s new owner.
Rebates and incentives for solar vary depending on where you live. The most significant is the 22 percent federal tax incentives, which allows you to deduct 22 percent of the cost of your solar energy system from your taxes. Some states offer additional tax credits, and certain municipalities and utilities also offer cash rebates or other incentives.
Solar power, like other green energy sources, has countless environmental and health benefits. Solar helps reduce greenhouse gas emissions and also results in fewer air pollutants such as sulfur dioxide and particulate matter, which can cause health problems.