Lesser-Known Benefits of Solar
You likely already know some of the more common benefits of solar power. Homes and businesses that operate using solar reduce their reliance on traditional energy. This reduces their environmental impact as well as their energy costs. Solar is a 100% clean and renewable resource that doesn’t create carbon emissions or other pollutants. Did you know that there are some other benefits of solar as well?
Easy to Install
Going solar might seem complicated, but installation is fairly simple. Panels can be installed just about anywhere. Systems are scalable. You can start small and expand at any point to meet your needs. They can also be installed in remote locations, where getting electrical lines may be more difficult.
Make Money with Solar
When you convert your home to solar, the panels on your roof collect the sun’s energy. Some homes collect more energy than they use. In such cases, you can sell the unused energy back to the grid.
You can also invest in solar panels new jersey, whether you install them on your home or not.
Claim a Federal Tax Credit
If you went solar last year, you may be eligible for the Federal Solar Tax Credit. This is a credit that allows you to deduct a percentage of the cost of installing solar on your home or business. For systems installed before 2020, the tax credit is 30%. Systems installed in 2020 are eligible for a 26% tax credit. Those installed in 2021 will be eligible for a 22% credit. After 2021, the tax credit will no longer be available for residential systems.
Job Creation
With more and more homes and businesses going solar, the need for people to manufacture systems, install them, and maintain them is greater. This demand has helped to create jobs for people, which has a positive impact on the economy.
No Energy Production Costs
Solar requires no outside supply to work, which means there’s no cost to produce energy. The sun is free. The only costs associated with the panels are manufacturing and installation. Panels are designed to be strong and require minimal maintenance, so maintenance costs are typically minimal as well. While going solar may be a big initial investment, it’s an investment that is well worth the cost.
Whether you’re looking to convert your home or business to solar or you simply want to invest in it, there are several other incredible benefits associated with this alternative energy source.
