Benefits of Going Solar
The U.S. installed 1,306 Mega Watts of Solar in the first quarter of 2015 alone, marking the 6th consecutive quarter in which the United States added more than 1 Gigawatt of Solar Installations.
1. Drastically reduce or eliminate your electric bill
One of the largest bills you have to budget for is your electric bill, whether for home or your business. By going Solar you'll be generating free power over your systems 25 to 30 year life cycle (some panels are forecast to last up to 50 years) with most systems paying for themselves in 5 to 7 years.
2. Return on Investment
Paying your Utility bills is an expense, Solar is an investment. An investment that pays incredible returns rivaling most traditional investments like stocks and bonds.
3. Protection against rising Utility Rates.
Rates are rising. Utilities have received record increases in recent years and they haven't even asked for the rate increases to cover the closing of San Onfre... yet. When you install Solar your fixing the cost of your energy.
4. Increase Your Home Value
Buying a home with solar panels translates into lower electricity costs. Solar panels will increase a home`s attractiveness on the market, just like homes with low property taxes, homes in school districts and homes with good Home Energy Ratings (a measurement of a energy efficiency).
A study conducted by National Renewable Energy Laboratory (NREL) concluded that homes with solar panels sell 20% faster and for 17% more money.
U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory found that the sales price of the average home increased $17,000 with solar panels.
5. Create jobs and help your local economy
Predictive studies show that Solar will generate millions of Green-Collar jobs in the United States in the coming years. Because these jobs are not easily out-sourced they represent a significant contribution to the United States and your local economy.
6. Stand out as a corporation
Going Green and corporate social responsibility go hand in hand. Not only does going Green affect your company culture and values, it affects your bottom line. You have only to look at a company like Ikea or Walmart.
7. Guaranteed Performance
Solar panel manufacturers include a 20- to 25-year warranty (also known as a performance guarantee) with their solar panels. The industry standard guarantees 80% performance after 25 years.
The real lifespan of solar panels is much longer – your solar panels will likely generate a good amount of electricity 30-40 years down the line.
8. Save the Environment
We know that the majority of homeowners choose to go solar because it makes good sense from a financial point of view. That being said, the environmental benefits are also clearly worth mentioning.
The U.S. places second in the world in annual carbon dioxide emissions at 17.9%, right behind China.You can go a long way in lowering your carbon footprint by replacing utility power with clean electricity from solar panels.
The average residential solar system offsets about 100,000 lbs. of carbon dioxide in 20 years – the equivalent of driving a car for 100,000 miles.
9. Create Energy Independence
The U.S. relied on net imports for about 40% of the petroleum (crude oil and petroleum products) that we consumed in 2012.
You can help to reduce U.S. dependence on foreign energy. We will inevitably run out of oil, coal and natural gas. While we continue our consumption of these increasingly expensive and dangerous energy source, our national security and economy suffers.
Solar is one step in the right direction.
10. Solar is Easy
Shopping for solar used to be a long and complicated process. There are hundreds of solar companies in the U.S. alone. It would take you weeks to find the best solar deal. Luckily things have changed.
To go solar has never before been easier. Our team of independent solar consultants will help you sort through your options. To see how much you can save, and for all other solar questions, request a free consultation. There’s no obligation.