It is estimated that we will run out of fossil fuels in the next 50 or so years, at our current rates of production.
This is clearly a tremendous problem.
We need to begin switching to alternatives now if we hope to ever reserve our natural gas reserves or create a replacement energy infrastructure in time. Regardless of how you may or may not feel about global warming, solar energy is currently the best alternative to fossil fuel.
If you own a home and want to pass it off to your children in grandchildren in working condition, you may want to consider making the switch to solar power now. If you’re not convinced, we’ll give you the 5 biggest advantages of solar energy below.
5 Tremendous Advantages of Solar Energy
Slowly but surely, more people are buying into the concept of solar energy. There are currently 1.3 million solar panel installations in the U.S. and that number will soon double.
Many people are beginning to realize the benefits it has over conventional energy sources, and you should too. So here we go:
1. You’ll Reduce Energy Costs
On average, a U.S. citizen spends approximately $3,000 per year on energy costs. But the average U.S. citizen does not have a solar-powered home.
If you decide to invest your money in solar power, you’ll see an immediate return on your investment in the form of energy saving and even account credits with your home energy provider.
Here’s how it works: On bright, sunny days, your solar panels can draw a lot of power, and unless you’ve got a home the size of a palace, you likely won’t use all of that energy up. That extra energy can then be used by your utility company, which they will pay you for in the form of credits on your account.
These credits can go towards your utility bill when you draw power from the traditional electricity grid on rainy or gloomy days.
2. You’ll Earn Tax Credits & Other Bonuses
On top of the financial benefits you’ll receive from your utility company and the savings themselves, the federal government will also pay you handsomely for purchasing solar panels.
For starters, you’ll receive a federal income tax credit that will pay back 30% of the solar panels’ installation costs when you file at the end of the year. E.g., this means if you paid $15,000 for installation costs, you’ll get $4,500 back.
Here in Boise, Idaho, you can also get a state tax credit that will pay for 7.4% of your installation costs (or caps at $1,480). With other bonuses and rebates you may be able to eke out, you’ll come close to recouping nearly half of the installation costs in the first year.
From there, your solar panels will be able to pay for themselves.
3. Boosts Your Home Value
Because solar panels are such money-saving monsters, and because – quite frankly – they look stylish, you’ll dramatically increase the value of your home if you decide to sell.
Green homes and “smart” homes are in vogue in the real estate market right now, so no matter where you’ll live you’ll find an enthusiastic buyer. A recent study has even shown that solar panels can boost the sale price of a home by $5,900 per Kilowatt of solar energy installed.
4. They’re Low-Maintenance
Traditional energy systems require a ton of maintenance. With so many moving parts that fall prey to rust, wear-and-tear and other freak maladies, they need constant inspections.
Solar panels, on the other hand, are about as calm and peaceful as an inanimate object can be. They sit in one place, passively soaking up the sun’s rays. All they need to function is a clean surface.
Over time, dust, debris, and bird droppings may accumulate on the solar panels, reducing their effectiveness at absorbing heat. But all you have to do is give ’em a good rinse and they’ll be good to go.
And really, you may not even have to do that very frequently. A couple of days, while bad for energy absorption, may adequately clean the panels for you.
5. You’ll Help Save the World
Lastly, and perhaps most importantly, you’ll help save the world. Or at the very least, you’ll help keep it as-is.
The truth of the matter is that our energy consumption has gotten out of hand. In America, we use 384.74 million gallons of gas every day for our energy needs. We’ve already touched on the fact that we’ll soon run out of fossil fuels at this rate. But there are also much more dire consequences of our fossil fuel usage.
Most of the air pollution we create is a result of the burning of fossil fuels. In fact, the average American family produces about 85 tons of CO2 emissions because of this.
If we intend to leave a green, breathable earth for your children and grandchildren, we need to switch to solar energy and other forms of renewable energy. Otherwise, our entire planet will be swept up in a dystopian fog of pollutants like we see in Hong Kong and other major urban cities.
Want to Install Solar Panels?
The advantages of solar energy are boundless. Whether your motives are individualistic or altruistic, solar panels are right for you. They save you a vast amount of money in the long-term, and in the longer-term, they’ll save the world.
By saving money and reducing your carbon footprint to nearly 0, you’ll be able to look upon your home or business with a clear conscience.
If you live in Boise or the surrounding areas and are interested in investing in solar panels for your home or business, you might want to consider contacting us for a free consultation.
From this consultation, we’ll be able to assess your energy needs and determine how much solar power you’ll need. We’ll also be able to provide an estimate on installation costs as well as clear up any questions you may have about tax incentives and other financial benefits.