Homeowners are increasingly installing solar panels in their homes for a variety of reasons. If you’re considering doing this, good for you! While installing solar panels is expensive and requires a great deal of planning and time, it can be good for the environment and for your energy bill. If you need more convincing on why you should go solar, check out this helpful guide by the pros at Freedom Air and Heat! Here are a few reasons why you should install solar panels in your home.
1. Reduction in Electricity Bills
Everyone knows that getting solar panels reduces your energy bills. But what does that statement mean exactly? Let’s take an example in Florida, specifically Cocoa, FL where our headquarters are located. The estimated savings for a typical home over 20 years after solar purchase would be around $12,000. The monthly bill without solar is roughly around $150 whereas the monthly bill with solar would be around $37 – saving over $100 per month. So, when we say that solar panels reduce your energy bill, we mean it! Solar panels can lead to a drastic reduction in electricity usage. Try out the solar savings estimator to get an idea of how much you can save with solar in your area!
2. It’s Good for The Environment
If you are trying to become environmentally friendly this year, solar panels are great place to start. Going solar allows you to play a big role in reducing carbon emissions. Homes and buildings are heavily responsible for carbon emissions but by installing solar panels you can reduce carbon emissions by as much as three tons every year. This is comparable to planting about 100 trees yearly.
3. Reduce Reliance on Electricity
Power outages can occur, utility companies can have problems, electricity prices can spike up. These are just some of the cons of having a heavy reliance on electricity. By slowly and steadily switching to solar, you can reduce your reliance on electricity. So, if a power outage occurs, you can have a plan B. If electricity prices hike up, you won’t be impacted as much and your energy bill will remain stable.
4. Increase in Property Value
This depends on where you live, but solar panels can increase your property value. According to a study by the National Bureau of Economic Research in California, it was found that solar panels can add $20,194 to selling prices of homes. Not only will you save up on electricity bills, but you get to sell your house for much more.