How Residential Solar Experts Can Help You Save Money
Whether youâre looking to lower your energy costs or are simply interested in doing your part for the environment, residential solar experts can help you save money.
When choosing a solar company, look for one that offers personalized solutions based on your homeâs energy needs. They will visit your property and assess your roof space and recent electricity bills to determine your best solar solution.
Save Money on Your Energy Bills
Solar energy systems reduce or eliminate your reliance on electricity from the utility company, which can save you significant money. The savings vary widely depending on several factors, including your location and the size of your system.
Residential solar experts can help you calculate how much solar energy your home will need and how much money you can save. They can also help you choose the best solar panels for your needs.
When considering a solar power system for your home, itâs essential to find a contractor like Solar by Peak to Peak, experienced in design and installation. The quality of these two aspects will enormously impact your solar systemâs performance and your return on investment.
Reduce Your Carbon Footprint
Solar power is a clean energy source that does not require burning coal, oil, or gas. It also doesnât release any greenhouse gases into the atmosphere.
Switching to renewable energy sources is one of the most effective ways to reduce your carbon footprint and help the environment. Moreover, solar power can save you money on your energy bills!
While installing a solar system does have some upfront costs, many homeowners can take advantage of tax credits and rebates to offset those costs. In addition, some solar experts will allow you to sell any excess energy back to the grid.https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d3070.4999820053376!2d-104.938412!3d39.683461!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x876c8f19684737af%3A0x55e06ccb172e0f9!2sSolar%20by%20Peak%20to%20Peak!5e0!3m2!1sen!2sus!4v1657649121978!5m2!1sen!2sus
Increase the Value of Your Home
According to various studies, solar panels can significantly increase your homeâs value. For example, one study in The Appraisal Journal found that for every $1 you save on your utility bill, your propertyâs value increases by $20.
The average rooftop solar installation and battery storage can recoup its purchase cost multiple times, making it an attractive investment. In addition, households with solar are rewarded with lower energy bills and healthy tax incentives.
When selling your home, a qualified real estate agent can help you communicate your solar system’s positive impact on your home. This can include presenting a solar-powered home, power bills showing before and after savings, and information on your manufacturer warranty.
Reduce Your Utility Bills Year After Year
A solar home company that understands local topography and weather conditions can optimize the positioning of your solar panels for maximum energy production. This helps reduce or eliminate the need to power your home on cloudy days, which can significantly lower your electricity bill.
If your utility company offers a net metering policy, they may credit you for the extra electricity your solar panels produce. You can then use these credits when you need to draw from the grid, lowering your electric bills even further.
You can also install a solar battery to store energy produced by your solar panels and use it whenever needed, reducing or eliminating your dependence on the power grid. These systems are becoming more affordable and can help you save money year after year on your energy costs.
Increase Your Homeâs Value
Homeowners often look for ways to increase their homeâs value, and installing solar panels is a great way to do this. It may come with a hefty up-front cost, but it can be worth it in the long run.
According to a 2008 National Renewable Energy Laboratory (NREL) study, each dollar you save on your electric bills increases your homeâs value by $20. So, even if you only reduce your energy bills by half, your home will be valued significantly higher than it would have been without solar panels.
The same holds if you ever decide to sell your home. While it may seem daunting, you can easily add your solar investment to the resale value of your home by leasing or obtaining a power purchase agreement from your new buyer.