The concept of sustainable energy or solar power can be tricky to decipher. Though there are obvious environmental benefits, many people feel it’s too much of an expense or investment.
Studies show that switching to solar energy in your home is an excellent investment. It significantly impacts your personal finances, and you can feel good about reducing your carbon footprint. If you want to learn the benefits of solar panels for your home, read on!
Cutting Utility Costs
Although we like to think we ultimately care about the environment, personal financial situations impact our choices. Investing in solar power doesn’t need to drain your bank account. It actually reduces your monthly utility bills!
With solar panels, you’re generating free, sustainable energy for your home with the life expectancy of solar panels lasting up to thirty years!
If you’re sitting there thinking that your utility and energy bills aren’t that bad, consider their rising cost. Electricity prices have gone up, on average, about 3 percent per year, and there’s a possibility that percentage will continue to rise.
Solar panels mean self-sustainment. You no longer need to rely on the community to provide your energy, thus, your energy bills remain at a fixed rate.
Increase Your Home’s Value
In our ecological aware market, the concept of sustainable energy or “green” energy is becoming popular. Homes that have solar panels are selling at higher and faster rates than those that don’t.
In fact, many studies have shown that homes equipped with solar technology increase their value by three to four percent. Depending on your area, this is possible an upward value of $24,000.
The market for solar-powered homes is continuing to grow as research into green energy develops.
Sustainable Energy For the Environment
You were probably expecting this one, but as you can imagine, solar power is a renewable energy source. Sustainable energy reduces an individual’s carbon footprint.
If you were to install solar panels in your home, you would reduce your footprint by three to four tons of carbon emissions each year. If you’re wondering, that’s quite a bit!
Carbon emissions contribute to the Greenhouse Effect. This traps gas in the atmosphere and creates a warming effect that can harm our ecosystem. You can help offset this by switching to solar power in your home!
Very Little Maintenance
Solar panels make life a little easier. Although there’s a misconception that maintenance of solar energy is extensive, it requires very little from you! You’ll have the occasional washing of panels a couple of times a year. This is done by spraying them off with our garden hose.
If that’s not something you’re interested in, you can also hire someone to do the job for you at very little cost.
The Bottom Line For Solar Energy
Although it can seem like a gamble at first, switching to sustainable energy will cut your utility costs, increase the value of your home, and protect the environment.
There is a push for renewable energy sources, and the concept of green energy continues to gain traction. If you’d like to know more, feel free to peruse our other blog posts to learn about trends in real estate!
