Is Solar Panel Installation Worth It? Everything You Need to Know

Your neighbors are doing it. Your friends are doing it. Your family members are doing it.

Is it finally your turn to install solar panels on your home? What’s the big deal about going solar? Surely there are some powerful incentives causing everyone you know to make the switch.

But how do you know if a solar panel installation is right for you?

We can help you answer this question. Keep reading for the top reasons why switching to solar is worth the costs.

Take Advantage of State Rebate Incentives

In many states, there are a plethora of incentives used to encourage homeowners to invest in solar panel installation. These range from cash rewards to credits given by the local power companies.

One such program is called net metering. The amount of solar energy you produce is monitored. Any energy you produce and don’t use, you can get paid for.

Get a Refund on Your Taxes

There are also federal incentives that allow homeowners going solar to recoup some of their expenses. For example, through 2022, you can claim your costs to install solar panels on your taxes for a 26% credit. This means for every $1,000 you spend, Uncle Sam will refund you $260.

To take advantage of this tax incentive before it drops in value, visit https://blueravensolar.com/texas/solar-panel-installers-houston/.

Increase the Value of Your Home

Did you know that a solar panel installation will also improve the value of your home? Recent studies show that homeowners selling homes with solar panels can earn up to 4.1% more than homeowners without solar panels.  Therefore, if your home is worth $275,000 originally, switching to solar would potentially make it worth $286,000.

Reduce Your Energy Bill

When hiring solar panel installers, one thing you’re probably thinking about is getting rid of your energy bill. If you can’t afford a solar energy system big enough to eliminate your energy needs entirely, you can at least reduce your costs on a major level.

While saving $100 a month or more may not seem like that big of a deal, think about it in the long run. Imagine saving $100 a month for the next 10 years. That’s $12,000.

Save the Planet

Finally, one of the most important benefits of solar panel installation centers around the environment. Right now, our use of fossil fuels to create energy is destroying the planet. The gases produced from burning these resources are literally tearing a hole in our ozone layer.

As a result, ecosystems are being destroyed, plant and animal species are going extinct, and worse. Frighteningly, we’re also seeing longer periods of drought and shorter growing seasons. This will eventually lead to food shortages.

As such, switching to solar energy can help heal the planet. The more people who take this initiative, the better off everyone will be.

Ready to Invest in Solar Panel Installation?

If you’ve been on the fence about a solar panel installation for your home, we hope this article nudged you in the right direction. As you can see, there’s a lot to gain by going solar. Contact your local solar panel installers today to talk about your energy needs.

And if you want more green energy tips or home improvement advice, we can help. Look through some of our other articles before you go to find more vital information to make your life better.