If you’re anything like the average American, you spend $117 a month on your electricity bill.
For many, that high cost is a reality that keeps them from enjoying life because of the financial stress it causes. Fortunately, you have options to help lower the price.
Going solar is becoming more popular these days and for a good reason. You’ll quickly find that it might not be for you. If you aren’t the handy type, you need to visit that home repair website, and if you don’t have the space to put solar panels on your roof, you may want to postpone any decisions until you look into it a little more.
Benefits of Going Solar
The benefits of using solar energy are many and varied, but they all come down to saving money.
A recent study by the National Renewable Energy Laboratory found that solar power can save homeowners an average of $8,000 over the lifetime of their system. That includes both installation costs and ongoing energy costs. In addition, solar panels generate no emissions, so they’re good for the environment.
Solar power is also good for the planet. Even if you don’t believe in climate change, there’s no denying that solar power is a renewable energy source with no carbon footprint.
In addition, using solar power can be a good investment too. The government’s Home Solar Loan Program makes it easier and less expensive to go solar. For example, the program allows homeowners to take out loans up to 30 percent of the system’s cost with no money down.
Pros and Cons of Solar Energy
When deciding whether solar energy is the right choice for your home or business, there are a few things to consider. Here are some of the pros and cons of solar energy:
Solar energy is environmentally friendly, reliable, and affordable. It doesn’t produce emissions, so it’s good for the environment. Solar energy can also be collected during daytime hours, making it a good choice for businesses that need power during lunchtime or evening hours.
Solar energy is free compared to other forms of electricity generation, such as coal or nuclear.
For more pros of using solar energy, continue here; you’ll find all the required information.
Solar energy isn’t always available in certain parts of the country or world due to weather conditions. If you’re looking to install an extensive system, you may have to pay more than traditional sources of power. Solar panels also require maintenance and can lose efficiency over time if not installed properly.
The Cost of Solar Energy
Solar energy can save up to $2 trillion in electricity costs over its lifetime. Its costs continue to decline, making it more accessible for consumers. Solar panels have decreased in price by 80% since 2009, making rooftop solar systems more affordable than ever.
The Bottom Line
Solar power is a great option if you’re interested in saving money on your energy bill. However, there are a few things you need to know before making the switch. These include the cost of installation, the maintenance required, and the lifespan of the panels.
Additionally, it’s important to make sure your home is suited for solar power and that you have a plan for what to do with the excess energy your panels produce. With a bit of research, going solar can be a great way to save money and help the environment.
If you want to read more articles about solar energy and other ideas to save money, please visit our blog today!