7 Benefits of Solar Panel Installation for Your Home

As of 2020, 3.7% of single-family homes in the United States had solar power installations. This number continues to go up each year.

If you're considering a solar power installation for your home, you're making a great decision. Residential solar panels can help to power your home while offering a large range of benefits to homeowners.

Here are seven big benefits of a home solar panel installation.

1. Reduce Electric Bills

A major advantage of going solar is that it can help to reduce your monthly utility bills.

By using the energy you collect through a solar panel installation, you'll be able to rely less on electric companies to power your home. With utility bills going up more as time goes by, getting solar now can end up saving you a lot of money in the long run.

In addition to this, you may even be able to sell the solar energy that you don't use for your home and sell it back to a utility company. This can go even further towards helping you save money on your utility bills.

2. Use Tax Credits and Incentives

There are many things that you can do to make the cost of solar panels more affordable these days.

To incentivize homeowners to install solar panels, there are many tax credits and rebates available to help cover the cost of a solar installation. With the federal residential solar energy credit, a homeowner can earn up to 30% back on their installation.

In addition to federal tax credits, there are also local and state incentives as well, so there's never been a better time to install a solar panel system.

3. Reduce Reliance on Electric Companies

If you'd like to go off the grid and rely less on utility companies, then you'll be able to do so when you have solar power. It can be a great feeling to be more self-reliant since all you'll need is solar power to feel like you have your energy needs met.

If you use standard electricity, there could be a power outage because of a big storm or for another reason. When this happens, you may find that you're without power for several hours, several days, or even longer.

When you have a solar panel installation, you won't be dependent on the power company and won't be affected by outages any longer. Using solar power along with battery storage allows you to keep going strong even when the power goes out in all of the homes around you.

4. Generate Energy in Rural Areas

One of the benefits of hiring a solar installer and going solar is that it's very flexible and you can use it in a variety of different climates. Whether you live in a cold or warm environment, you can power your home as long as it gets a sufficient amount of sunlight.

For rural areas and for areas where it's tough to get power from standard electric companies, solar systems can be incredibly helpful and can serve as a great option for powering a home. It won't be necessary to be connected to the grid to get the electricity that you need, no matter what climate your home is in or where it's located.

5. Raise the Value of Your Home

In addition to helping you save money, solar panels are a great investment because they'll also help increase the value of your home.

A solar installation will raise the value of your home much like making a major renovation such as a bathroom or kitchen remodel will. With solar panels becoming increasingly popular as time goes by, many home buyers are seeing their value and find homes with solar panels more attractive than those without them.

If you install solar panels and decide to sell your house later on, you'll likely get a good bit more for your home than you would otherwise.

6. Help the Environment

Another major perk of investing in a residential solar system is that it can help to protect the environment.

Since solar energy is a completely renewable energy source, it serves as a great alternative to other forms of energy. Electricity is produced with the use of fossil fuels, including coal and natural gas, so solar energy production can help to reduce the use of these finite resources.

With a solar power installation, you won't only be able to power your home with less reliance on electric companies. You'll also help the environment and feel better about your carbon footprint at the same time.

7. Long Lifespan

One of the things that's beneficial about getting solar panels is that the costs of maintenance will be low.

Although the initial installation of solar panels can be high, they won't cost you too much in maintenance as time goes by. You won't have to do much to keep them in great shape and ensure they keep providing power to your home for a long time to come.

Solar power installations have an average lifespan of 25 years , so you'll be well-suited for powering your home well for a long time to come once the initial installation is complete.

Planning a Solar Panel Installation

If you're planning to make a solar panel installation, you should understand all of the benefits of doing so. Solar panels can help to reduce your utility bills, minimize your reliance on electric companies, and provide power when other options aren't available.

Ready to install residential solar power? Get in touch today to learn how we can help you plan your solar installation.