Why Go Solar? The Top 15 Reasons
Every year, solar power in the United States offsets more than 70 million metric tons of carbon dioxide. This would be like planting 1.2 billion trees. There are many motivators behind installing a system in your home including saving money, helping the environment, or personal reasons. Why go solar? There are tons of great benefits to installing a residential solar system. Here are the top 15 reasons you should install a solar system this year.
#1 Decrease or Eliminate Your Electricity Bills
An electricity bill can become a large monthly expense that many homeowners and businesses try to cut down. A home system will allow you to generate electricity for free. There are upfront costs, but you will see savings immediately. Panels have a 25+ year lifecycle, which allows you to reap the benefits for years to come. For those who are not going to rely on solar 100%, you will still see a reduction in utility bills that will transform into a lot of savings.
Fun Fact: According to EIA, solar power makes up 1.8% of the electricity generated in the United States.
#2 Return On Your Investment
The solar industry has come a long way and prices have greatly reduced on panels, as well as other equipment needed to install a system. Solar power is one of the best investments that you can make, as you can see a return on your investment immediately. With substantial monthly savings on utility bills, the average American can pay off their system within seven to eight years and seen 20% or more return on their investment. It is a solid investment that will also go in your favor when selling your home. Many home buyers are looking for what is known as a “solar home”.
Fun Fact: Solar prices have decreased by over 70% since 2010.
#3 Stable Energy Without Raising Cost
It’s true, one of the biggest advantages of owning a home solar system is cutting the price of your electricity. Over the last 10 years, the price of residential electricity has increased by an average of 3% annually. Investing in solar now will allow you to enjoy a fixed rate and help protect you from rising electricity costs. Both businesses and homeowners will be able to better account for cashflow and manage monthly expenses.
Fun Fact: There are 78 gigawatts (GW) of solar installed throughout the United States, which is enough to power 14.5 million homes.
#4 Improve Property Value
Residential homes that have systems installed have a higher property value and sell quicker than those that do not have solar. Appraisers across the board are considering a system when placing a value on a home, especially when it is being evaluated to be placed on the real estate market. As more individuals become educated about the benefits of solar, the demands for solar homes will increase.
Fun Fact: On average, a United States residential system is around 5KW, which equates to about 20 panels.
#5 Energy Independence
Thanks to the sun, solar is an infinite supply of energy and has become a key component for individuals to become energy independent. As we increase the capacity to generate electricity from the sun, we are deterring the nation from price fluctuations within the global energy market.
Fun Fact: Did you know that 70 million metric tons of carbon dioxide are offset by solar every year in America. This is like planting 1.2 billion trees.
#6 Increase Jobs and Improve Economy
With the increase in solar power has come the opportunity for more jobs. As solar continues to rise, growth in the solar job market is expected to continue to increase. Jobs related to solar pay at a good rate and these types of jobs cannot be outsourced, which will play a huge role in supporting the nation’s economy.
Fun Fact: There are over 242,000 solar workers in America, which is more than the combination of coal, oil, and natural gas industries.
#7 Improve The Environment
Solar happens to be the #1 way to decrease your carbon footprint. Large buildings make up 38% of all carbon emissions within the United States. The home solar installation prices have drastically reduced this. On average, a home system can eliminate 3 to 4 tons of carbon emissions every year. This is the equivalent of annually planting 100 trees.
Fun Fact: The efficiency of solar panels has increased from 6% in 1954 to more than 40% on highly efficient panels today.
#8 Commit to Sustainability
All corporations have a certain level of responsibility when it comes to sustainability. It is part of an organization’s culture and values. Let’s face it, large corporations can produce significant results. Businesses are being rewarded by customers and communities for taking the leap and operating their business responsibly. Commercial solar systems can help consumers make purchasing decisions, create goodwill, and improve business results across the board.
Fun Fact: Half of the 7 GW that are corporate solar capacity were installed within the last 3 years.
#9 Employee Morale
It is not only consumers who show appreciation to businesses that decide to “Go Green”. Studies have shown that employees also demonstrate a greater appreciation for employers who are committed to operating responsibly. This allows employees to share in the success, as well as contribute to the business that they work for. Companies who install panels show that they care about their communities, as well as their environment. Plus, these businesses have a lower turnover rate, have employees that are more willing to become engaged, and possess higher levels of morals.
Fun Fact: According to a GTM report, community solar is predicted to grow 20 to 30 times what it is now by 2030.
The corporate world has come to realize that social and economic benefits for installing panels. Those who were ahead of the game have surpassed their competitors. Many businesses are exploring alternative power sources as a means to keep up in their competitive industries.
Fun Fact: In 2017, Target was the corporate leader in solar power in the U.S. They had installed capacity of 203 Megawatts.
#11 Unlimited Resources
The sun will always be around, which means that you will not have to go without power. Having an unlimited source of power has so many benefits. Many areas experience frequent power outages, but with solar, this is something that you will never have to worry about. The heat and light produced by the sun is a reliable resource that you can count on.
Fun Fact: The sun provides enough energy each second to fulfill the earth’s energy needs for 500,000 years.
#12 Tax Incentives
Solar power has become such an important part of our society that even the government is offering amazing tax benefits to those who install a system. Installing a system could gain you a 30% tax credit.
Fun Fact: According to Satellite Machine Learning, there are more than 1.47 million solar panels installed across 48 states.
#13 Clean Energy
Solar power is known as clean energy, which means it does not cause any type of pollution. Being a part of something big, such as giving back to the environment can help boost your moral values. It also can set you apart from others, making you a trendsetter in your community. Many people will look to you for help, as they too want to get involved with supplying their homes with clean energy.
Fun Fact: Materials from solar panels that are no longer in use can be recycled or sold.
#14 Protect Your Roof
Not only can panels look aesthetically appealing, but they can also protect your roof. Solar panels are very durable and can withstand a multitude of weather elements. This will help save your roof from damage and costly repairs.
Fun Fact: More than three-quarters of Americans install panels on their roofs.
#15 Going Solar Is Easy
Solar has come a long way and it is easier than ever to get a system up and running. The number of installers has grown throughout the years, as well as the resources needed for homeowners to install their own systems. There is a multitude of companies that are willing to help consult with you, as well as build a system that will efficiently run your home or business. The time to go solar is now!
Fun Fact: On a global level, solar is the cheapest and most abundant energy source.
Why Go Solar
There are a ton of reasons why you should invest in a system for your home or business. If you feel like you do not know where to start, Call Harness Power at 949-478-5597 or fill out our online contact form. Don’t delay, as going solar can save you money on your monthly utility bills immediately. This is a saving that every household can use.