What’s in it for you? Top 5 benefits of solar power

To determine if solar power is a long-term investment for your home, know the advantages to expect for your property. Below are five ways that solar power can benefit you and your family.

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What’s in it for you? Top 5 benefits of solar power

If you are thinking about installing a residential solar system, it’s helpful to know what to expect. Some benefits are obvious, such as energy savings and a smaller carbon footprint, while others are more subtle. Each home is different, and the benefits vary based on how much electricity you use, the angle and direction of your rooftop, and the policies in your state.

To determine if solar power is a long-term investment for your home, know the advantages to expect for your property. Below are five ways that solar power can benefit you and your family.

Earn money while getting a return on investment.

It’s reassuring to know that you can get a return on investment by installing a solar system, but imagine being able to make money in the process, too. Thanks to solar incentives, you can earn money.

Solar renewable energy credits (SRECs) are credits that you can earn from the energy you produce ─ for every 1,000 kWh (kilowatt-hours) your system produces, you earn one SREC. SREC value has fluctuated over the years but most recently, were reported to be worth a few hundred dollars each, depending on the state.

Net metering also lets you store excess energy your system has produced on the electric grid so that you can build credits with your utility company to use at night or when it’s cloudy. If your home is the right fit for solar, your utility bill will be next to nothing on a regular basis.

If your state honors these incentives, you can expect immediate and long-term financial benefits.

Improve the value of your home.

Recent studies show that solar systems improve property values by about $3 per watt. There are a couple of reasons for this. First, buyers appreciate homes that will bring them all the benefits of solar power. Second, many homeowners are interested in having a solar system installed but haven’t taken the time to do the research. If a home already has solar panels installed, the buyers can enjoy solar power right away - no work needed.

Drastically reduce or eliminate electric bills.

Imagine being able to eliminate your electric bill. How much you save depends on a few factors. A typical solar system lasts for 20-30 years, so one investment gives you several decades of clean energy. Also, your energy rates are locked in, which means you will continue to see greater savings over time. And, don’t forget the attractive incentives and tax credits that you may qualify for.

Have control over your energy usage.

Electric rates continue to rise every year. People don’t have much control over these prices, which can lead to uneasiness. Some households have to make changes to afford their monthly electric bills, such as not hanging Christmas lights or running the AC in the summer.

Solar energy puts the power back into your hands. Control your costs, lower greenhouse gas emissions and know what your monthly bills will be for the next 20 years.

Be independent from the electric companies.

When you generate your own electricity, you don't need to rely on the electric companies as much, if at all. Having a solar system allows you to make your own energy and also store excess energy on the grid. It’s a wonderful feeling to be energy independent and not have to fear rising electric costs year after year.

The top five benefits of solar power are quite compelling, aren’t they? For your free estimate on installing a solar system, call Suntuity Solar today.

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*Suntuity is a registered trademark of Natural Power Sources LLC D|B|A Suntuity. A solar power system is customized for each home, so pricing and savings vary based on location, system size, roof condition and roof space, azimuth, tree location, government rebates, and local utility rates. Savings on your total electricity cost is not guaranteed. Financing terms and warranties vary based on location and are not available in all areas.

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