Nearly half of the electricity generated in the United States by 2050 will be from going solar. Solar power eliminates your carbon footprint. And in addition to the environmental benefits of solar power, there are financial benefits too.
Cost-effective tips for going solar include increasing your property value, government incentives, and financial options. Home expenses can be expensive. Allowing solar power energy can help reduce your overall home costs.
Going Solar Increases Your Property Value
Solar power energy installation increases your property value. Like upgrades to kitchens, baths, and high-end flooring, going solar will get you more for your house when you sell.
Not receiving an electric bill is one of the biggest tips for going solar. You can also sell unused power back to the power company. A prospective buyer will look at these solar power tips and realize they are making a good investment.
If you want to know how to go solar to increase your property value, ask an expert about the value of solar panels. A professional can give you great tips for going solar.
Government Incentives
One of the biggest tips for going solar is getting government tax credits for solar panel installation. You can get up to 26 percent in money back for going solar. The government is essentially paying you to put solar panels on your property.
The tax credits cover solar panels, batteries, installation, and even the equipment needed to run your home. Before you do any work, talk with your solar energy installer to know what to expect regarding tax credits.
Claiming solar tax credits is done when you file your taxes. It’s best to check with a tax professional about getting the right forms filled out at tax time.
The money you save on tax credits and the lack of receiving an electric bill will pay for the system over time. Years down the road, you will thank yourself for saving money by installing your solar energy system.
Financial Options
Like with any big purchase, you don’t have to pay for your solar energy system all at once. Financing is available.
You can get a loan through the bank, saving you more money on interest than traditional lenders. Some mortgage companies offer an energy loan specific to energy projects.
When looking at how to go solar, talk with your solar installation company about the upfront costs and your financial responsibilities. In some cases, you might not have to pay anything for your solar energy project.
Cost Savings for Going Solar
Going solar can save you significant money over time. Solar energy increases your property value. You can also take advantage of government incentives and consider other financial options such as a loan.
Do your part to help the environment and save money too.
Installing solar panels on your home is the right way to go into renewable energy. As it grows over time, you will take comfort in knowing you got in on the ground floor of this emerging technology!
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