When Orlando-area homeowners consider the installation of solar panels on their homes, many factors come into play. If you are exploring your options for solar panels, keep these six benefits in mind.
Lower Electricity Bills
Installing solar panels reduces a homeowner’s reliance on the grid. By generating at least some of its own power, a solar panel equipped house can offer significant savings on the monthly power bill. Over time, those savings can really add up.
Energy Independence
In addition to monthly savings on the energy bill, the reduced reliance on the grid also creates more energy independence. Fluctuating electricity prices will have less of an effect on houses with solar panels installed. By flattening the potential fluctuations, solar panels then offer more stability to the homeowner.
Increased Home Value
Because they are seen as more energy efficient and environmentally friendly, houses with solar panels are typically valued higher than those without. The increased home value pairs quite nicely with the long-term power bill savings, creating a double-up effect.
Tax Credits and Rebates
The initial cost of installing solar panels could be offset by tax credits and rebates, depending on the location of the home. Lowered up-front costs make the long-term monetary benefits that much more appealing, as the initial investment is quickly made up.
Long-Term Savings
The life span for a typical solar panel designed for home installation is 25-30 years. That means the savings we’ve been talking about will last for quite some time, well beyond the recuperation of the initial investment. And that time span will come with little significant maintenance on the panels. Once they’re installed, the panels do all the work while the homeowner reaps the benefits for decades.
Environmental Benefits
Beyond the immediate and long-term benefits to the single house with solar panels, the environment as a whole will benefit. As a renewable energy source that does not produce harmful emissions, solar panels offer environmentally conscious homeowners a way to reduce their carbon footprint and contribute to a more sustainable future.
Contact Us
If you are interested in installing solar panels on your home, contact us at JA Edwards of America. We can discuss solar panels options that can provide financial, environmental, and energy benefits.