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Solar Energy Does More Than Save Money

Solar energy does more than save money but make no mistake about it saving money, because it does. You’re already spending the money to rent electricity from the power company, so why not use the same money to invest in solar energy? Homeowners can divert their power bill to home solar and get a guaranteed return on investment. The charts below demonstrate what solar energy costs, and how much you can expect to profit from it. There’s no question that home solar is an extra income stream for homeowners versus the expense of renting power. Solar is one of the best investments a homeowner can make. Most solar purchasers see an ROI of 20% or more, outperforming stocks. So, the real question is what are the additional benefits of solar energy?

Widespread Use of Solar Panels is Alleviating Strain on the Grid

As more homeowners adopt solar energy the power grid becomes less strained. Many homeowners might notice the power goes out less frequently than in years past. A huge reason power goes out less is there is less strain on the grid because of solar energy adoption.

Solar Energy Does More Than Save Money; It's Clean Energy

Solar energy is a renewable resource, available as long as the sun shines. Unlike fossil fuels, it won’t deplete over time.
Each kilowatt-hour (kWh) of solar energy generated significantly reduces greenhouse gas emissions, including CO₂, sulfur oxides, nitrogen oxides, and particulate matter.
A typical residential solar panel system eliminates three to four tons of carbon emissions annually, equivalent to planting over 100 trees.

Solar Energy Increases Home Value

If you sell your home, it’s important to remember you are the beneficiary of a 30% ITC tax credit, in essence, it’s like you paid wholesale for solar. If you rent your home out, you can charge tenants for power over the next 25 years.

Homes with solar panels often attract environmentally conscious buyers. Zillow found that homes with solar power sell for an average of 4.1% more than comparable homes without solar. A 4.1% increase in home value in 2019 means an even greater increase in home value in 2024 because home values increased dramatically since 2019 at the time of the Zillow report.

High-quality solar panels can last 30 years or more, Solar Panels have no moving parts. Regular maintenance contributes to their longevity. Major Manufacturers Warranty Solar Panels for 25 to 30 years.