The solar power industry is advancing at breakneck speeds. New cell designs, materials and racking technologies are being brought to market within months. Quality control and standards must keep pace.
With electricity prices rising, homeowners and businesses are looking to switch to solar energy solutions that will save them money on their utility bills. The average solar system in New York will pay for itself in just 6.3 years.
Save Money
Solar Energy Solutions provides a wide range of solar products to help homeowners save money. They can install a rooftop solar system to power the entire home or provide a battery storage system to cut costs during peak electricity demand. They also offer a smart thermostat, which optimizes heating and cooling to reduce electricity usage.
The type of solar system you choose determines how much it will cost to power your home, but you can expect significant savings on your electricity bills. The amount of time it takes for your solar system to pay back its installation costs depends on your electricity rates and how much you use.
Depending on where you live, you may be eligible for state and local rebates and incentives to lower the cost of a solar system even more. Medallion Bank supplies a same-as-cash loan, which can cover up to 26 percent of your system’s upfront costs without interest. This financing option allows you to reap the benefits of renewable energy right away.
Reduce Your Carbon Footprint
Unlike traditional energy sources that generate pollution, solar power is free and environmentally friendly. It doesn’t use fossil fuels that are quickly running out and reduces your dependency on the overworked electricity grid.
Solar Energy Solutions is committed to offering renewable energy solutions that better our environment. Their business model involves reducing costs for customers while increasing the value of their homes through the installation of solar panels. They also fight for the interests of consumers by staying active in local policy changes that affect solar incentives.
However, the production of solar panels does have a carbon footprint. This is due to the need for raw materials like silicon, silver, copper and indium. The company tries to offset this by supporting carbon offsets through their Just Green plans. They also focus on end-of-life research to find ways for photovoltaics to be recycled or reused. This helps reduce the amount of waste that is sent to landfills.
Reduce Your Electric Bill
The cost of electricity has risen over the years, placing a financial burden on many homeowners. With a solar system, you can take control of your electricity costs by producing and storing your own energy.
While solar panels do reduce your electric bill, they can’t provide 100% of your electricity needs. Your home still relies on the utility grid for electricity at night and during cloudy days. However, you can offset your reliance on the grid with battery storage like Tesla’s Powerwall.
You can also save by participating in net metering and choosing a time-of-use electricity plan. This allows you to give any excess solar energy you produce back to the grid in exchange for credits that can help lower your electric bill in the future. You can also benefit from a demand response program, which pays you for agreeing to reduce your electricity usage during periods of peak energy demand. These programs are offered by several energy companies, including Solar Energy Solutions.
Increase Your Property Value
Many homeowners, real estate agents and appraisers have discovered that solar systems add value to their homes. In fact, one study found that homes with solar power sold for an average of 4.1% above non-solar homes—or around $9,274.
That added value is based on the electricity savings and energy independence benefits that your home will gain from your solar system. The ability to generate your own energy on-site helps reduce reliance on the traditional power grid, which makes you less vulnerable to the many problems that can affect the grid and its reliability.
Depending on your state laws, you may or may not have to pay additional property taxes for this increase in value. However, most states have passed legislation exempting solar owners from increased property taxes.
With the growing awareness of the impact of carbon emissions and the rising cost of electricity, it makes sense for more Americans to take control of their energy needs by incorporating solar into their home. If you are interested in learning more about how solar energy solutions can make your home more attractive to potential buyers, contact a Solar Energy Solutions specialist today.Star Plus Energy
