Benefits of Solar Energy Systems
There are many benefits of solar that far outweigh those of traditional energy sources like coal, oil, or natural gas — all of which have become more costly than renewable energy and contribute to greenhouse gas emissions. The greatest issue with these sources of energy is that they are limited; the Earth will eventually run out of its supply and we will be left with lasting damage to the environment. Solar, however, is a renewable energy source that will always replenish (as long as the Sun doesn’t go anywhere!)
If you’ve been considering converting to renewable energy and want to learn more about the benefits of solar systems, you’ve come to the right place.
6 Benefits of Solar for Your Home or Business
There are several great reasons why you should think about installing a solar system for your home or business, and here are just a few of the benefits you’ll reap:
1. You will save money by reducing your utility bill.
Arguably the most attractive reason to go solar is to save money, and both homeowners and business owners who install solar panels will see a return on investment right away. Studies have shown that homes with solar panels save thousands of dollars for decades to come, as solar systems are built to last around 25 years. When going solar in North and South Carolina, duke energy homeowners save around $68 monthly in their first year.
2. There are incentives to assist with payment options.
One major player in solar energy is the Federal Solar Tax Credit. As of 2020, the Solar Tax Credit is 26% — meaning you would be getting 26% of your total solar system cost back.
Combined with other state incentives, such as the South Carolina Solar Tax Incentives of 25%, homeowners in the Carolinas can save up to 51% in tax credits, making solar systems financially accessible for thousands of potential customers.
3. You will make a positive impact on the environment.
We understand that the majority of homeowners choose to go solar because it makes sense from a financial standpoint, but there are many benefits of solar for the environment, too.
Traditional energy sources like coal, oil, and natural gas are causing damage to our air, water, and ecosystems as the burning of fossil fuels pollutes our atmosphere. In addition to contributing to pollution when actually burned, these sources cause damage to the environment when they are harnessed; coal mining and oil drilling and fracking have had untold negative effects on the communities and ecosystems near their sites. To top it all off, all of these energy sources are nonrenewable, meaning that eventually we’ll run out anyway.
With renewable energy sources like solar, wind, and water, there is little to no pollution, and the sources never deplete. You’ll be able to power your home or business knowing that you are making a commitment to protecting your local environment and becoming an example for others in your community looking to make the change as well. The office of Energy Efficiency & Renewable Energy released a study explaining the benefits of Wind and Solar Power in regards to Climate and Air Quality.
4. You can reduce your reliance on utility energy.
Another great benefit of solar is that you don’t have to rely on utility companies or the grid for your energy. By creating energy independence, you are breaking free from unpredictable utility bills and taking control of your energy. In addition to the personal benefits of reducing reliance on utility companies, becoming energy independent also helps reduce petroleum imports from foreign energy providers.
For more information on energy independence and not relying on the grid, check out our blog “Benefits of a Solar Battery Backup System.”
5. There are relatively low maintenance costs.
Besides keeping the panels clean, going solar requires very little maintenance for the homeowner, allowing you to enjoy the perks of their system without worrying about upkeep.
6. Solar panels increase the value of your home.
Not only will going solar save you money on utility costs, you will also see this investment pay for itself when you’re ready to sell your home. In fact, a recent study done by Berkeley Lab found that people were willing to pay an extra $15,000 for homes that include mid-sized solar arrays! Solar panels are an attractive feature that potential homebuyers will love to see, as they can look forward to their own monthly savings, too.
Become Energy Independent with Renu Energy Solutions!
There are so many benefits of solar that make it a no-brainer to leave traditional energy sources in the past! At Renu, we understand that there is no such thing as a one-size-fits-all approach to reducing your utility and electric bills, so we will work with each and every customer to find a solution that’s best for them. We are here today because of our commitment to our customers, communities, and our passion for bringing energy independence to the Carolinas.
If you’re ready to go solar, give us a call for a free consultation. We’re always happy to help answer any questions you may have and guide you through this process from start to finish!
This blog was originally published on June 23, 2015 and refreshed on October 14, 2020.