Home Solar Panel Installation: Is It Worth It?

Have solar panel prices put you off from going solar in the past? The good news is that the price of solar isn't as much of a concern. Believe it or not, the cost of solar installations has dropped by 70% in the past decade.

However, you'll still pay a lot of money for an installation, so a price drop may not be enough to convince you to switch to solar.

If you aren't sure if solar panel installers are worth hiring yet, this post will help. Check out the guide below to learn why it's worth it to install solar panels.

Get Tax Incentives

Even though the price of solar is lower than ever, they still aren't cheap. You'll still spend thousands of dollars on solar panel installation costs.

Luckily, the government wants people to install solar on their homes. Because of that, you'll get several incentives that drastically cut the cost of solar energy.

Check your local and federal tax incentives for solar. You can save thousands of dollars over the years as you get tax credits every year.

Increase Your Home Value

Solar panels used to be an unknown when it came to home value. People weren't as aware of the benefits solar had. As a result, home appraisers didn't factor them into the value of a home.

That's no longer the case today. Adding solar panels can increase the value of your home. If you plan to sell your home in the future, you can recoup some of your money on your sale price.

In most cases, the increase you'll see will depend on the total energy savings you get with solar every year.

Cut Your Power Bills

Reduced reliance on the grid is one of the best benefits when going solar. Instead of drawing power from dirty energy, you get clean energy from your solar panels.

The amount you save will depend on your power usage and solar exposure in your area. You'll need to work with solar installers like https://blueravensolar.com/blog/solar-installers-near-you-part-1/ to figure out how many panels you need to power your home entirely.

Get Energy Credit

Even the most efficient panels don't work at full capacity at all times. You'll get less output from your solar panels during the winter months because of the shorter days. Luckily, you don't have to pay for energy from the grid.

Many energy companies offer credits for selling solar power to the grid. You can use these credits to purchase energy from the power company when your solar panels don't produce enough energy. That means you have no power bill in the darker months.

Don't Suffer From Blackouts

Blackouts are something you'll eventually experience with the power grid. This is even more true as the weather gets harsher and makes it harder for the grid to run efficiently.

You won't suffer from those blackouts when you rely on solar power. You generate your own power, so you'll be able to keep the lights on when everyone else is in the dark.

Reach Out to Solar Panel Installers Today

As you can see above, solar panel installers can offer a lot to your home. You'll be able to save money on electricity and help the environment at the same time.

With the payoff period of solar so low, it makes sense to invest today. Look for solar panel installers near me to find a company to handle your solar panel installation.

Head back to the blog to find more home improvements that add value to your home.

Ellie Dickinson