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6 Ways Solar Panels Will Make You Rich While Saving The Planet

Last edited: 18/02/21

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6 Ways Solar Panels Will Make You Rich While Saving The Planet

Last edited: 18/02/21

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The U.S. solar market grew tremendously in the previous year. Never before has solar energy been this available to American citizens. The list containing reasons continues to grow as to why so many homeowners choose to buy solar panels with the current environmental impact of using fossil energy. Without further ado, here we have stated the top 5 ways how solar energy can save the planet while making you productive:

  1. Save Plenty of Dollars

According to the Solar Experts, adding solar panels to your home can bring in monthly savings of quite above $100 in a lot of U.S. states. Spread this over two decades, less than the length of a typical solar panel warranty, and this will bring you over $30,000. In Hawaii, residents are able to obtain an average of $64,000 for the first 20 years!

  1. Start Saving from the very first day

Solar purchase power agreements (PPAs) and solar leasing have made it likely for homeowners to go solar with very little to no money down.

Many homeowners pick to finance their solar panels with some of the “pay-as-you-go” financing options. This means that a third-party organisation the solar suppliers owns the solar system and takes care of installation, monitoring, maintenance, and repairs. You are simply in charge of paying for the electricity – less than you would’ve paid the utility company.

  1. Increases Your Property Value

Purchasing a home with solar panels results in lower electricity bills. Solar panels will enhance a home’s appeal on the market, just like the homes with low property taxes, homes with good Home Energy Ratings, and homes in school districts (a measure of the property being energy-efficient).

  1. Take Advantage of Incentives

You are supposed to get 30% of the total system costs back (installation and equipment). This means you would save $9,000 on a solar system worth $30,000. Combine this with local and state rebates, Solar Renewable Energy Credits (SRECs), and total expenses can be cut in half. Take benefit of incentives while they last on commercial solar panels.

  1. Impact on the environment

The production of solar energy doesn’t lead to noise pollution, which is a crucial aspect to take into consideration for installations in urban zones. It also doesn’t generate any waste since it doesn’t require maintenance and its lifetime is quite longer than other energy-production systems. As a matter of fact, solar panels are designed to survive the impact of the environment in extreme weather conditions.

  1. Provides Clean, Renewable Energy

Solar power is a 100% renewable, clean, energy source. It decreases reliance on coal, oil, and natural gas for electricity production. These fossil fuels lead to harmful emissions that influence the quality of water, air, and soil, and lead to global warming. It’s estimated that between 2000 and 2060, the planet will lose more species of flora and fauna to extinction than in the earlier 65 million years combined. That’s an astounding statistic and one driven suggestively by the effects of greenhouse gases from consuming fossil fuels.

Alternatively, solar energy leads to no pollution. The sun’s abundant power provides an unlimited source of energy that does not strip the landscape or damage the ozone layer. Residential solar energy systems promise an investment in the future of the planet Earth, conserving non-renewable energy sources and preserving the environment.



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