In 2019, the United States had more than two million solar panel installations done. This number is projected to rise to three million in 2021 and four million in 2023.
There are so many reasons to go solar. It makes sense that more and more people are getting on board.
If you’re thinking about adding solar panels to your home, you’re definitely on the right path.
Keep reading to learn the five incredible benefits of going solar.
- Reduce Your Electric Bill
Chances are, your electric bill is taking up a considerable part of your monthly costs.
When your home is using solar power, you’re generating free power and electricity.
A solar power system can last more than twenty-five years, which means you won’t have to worry about these utility bills for a long time.
You may also consider getting a solar generator.
If you often travel or do not yet have a fully functional solar panel system, a Titan solar generator can help keep your home functional and keep you connected in case of any emergency situations.
- Make Your Money Back
It’s better to think of the installation of solar panels as an investment rather than an expense.
With all of the money you’re saving on your electric bills, you’ll completely pay off your solar panels within seven or eight years after the installation.
Then, you’ll see a return on your investment between ten and thirty percent.
Utilizing solar energy is an excellent money-making move for both the homeowner and business owner alike.
- Protect the Environment
While you’re saving and making money from solar energy, you’re also helping to protect the environment.
Instead of powering your home or business with harmful nonrenewable resources such as fossil fuels, solar power can help you reduce your carbon footprint.
A residential solar panel system could reduce up to three to four tons of carbon emissions each year, which is the equivalent of planting one hundred trees annually.
Taking these small steps is required to help reduce the effects of climate change.
- Make Your Property’s Value Higher
Homes that have solar panel systems have increased property values than those without. They also sell quicker, and the demand for solar-powered homes continues to rise.
So, if you know you’ll want to sell your home one day, investing in solar panels will make you tons of money back.
- Invest In America’s Economy
There are more jobs added to the solar energy industry at a quicker pace than in any other industry in the United States.
They are also generally higher-paying jobs.
So, if you contribute to this industry, you’re helping more Americans make more money while also helping to protect the Earth and get a return on your investment.
It’s truly a win-win for all.
All the Reasons to Go Solar
There are so many other reasons to go solar. The above five are just a start.
Why not do some more research and start your solar energy journey today?
If you’d like more advice on how to make smart money moves, check out our business and finance sections!