5 Benefits to Installing a Solar Panel System

If you ask homeowners who have solar panels on their homes why these chose to go solar, you’ll get a variety of reasons. This is because there isn’t just one benefit. There are actually many reasons to go solar. One or more will likely convince you that the time is right to consider this valuable home improvement.

1. Slash Electric Bills

With a solar panel system, you’ll likely generate free power for the system’s 25+ year lifecycle. Even if you’re not producing all the energy that you’re consuming, the solar energy that you’re producing will reduce your electric bills substantially. In other words, you’re going to be saving a lot of money each month!

2. Increase Your Property Value

Realtors will tell you that homes equipped with solar panel systems have higher property values and sell quicker. Appraisers are now including solar in home evaluations, and homebuyers are much more knowledgeable about solar than they used to be. As solar panel systems become even more commonplace, the value will continue to rise.

3. Increase U.S. Energy Independence

As an infinite source of energy, the sun is a primary aspect of the United States achieving energy independence. As our ability to generate electricity from the sun grows, we are protecting our country from price fluctuations in global energy markets.

4. Protect the Environment

Solar enables you to reduce your carbon footprint by eliminating a significant amount of carbon emissions. In fact, just one residential solar panel system can eliminate three to four tons of emissions every year.

5. Support the Local Economy

The Solar Foundation estimates that the solar industry is adding jobs almost 12 times faster than the overall U.S. economy. This rapid pace is expected to grow, too. As jobs in solar can’t be outsourced, they are a promising contributor to the local economy.

Learn more about solar installation, maintenance and repair in Peoria from your local experts – Cool Blew Electric & Solar. Call us at 623-234-2836 today.

FAQ's

Is Solar Energy Expensive?

The size of your panel installation and the needs of your home will affect your costs. The average net cost of a 5.69kW system is $13,838 cash after 30% rebate (according to solar-estimate.org). An average-sized system can cost up to $35,000. Larger installations will require more hardware, planning and construction time. This can further increase costs. While solar panels are expensive, they have many distinct benefits. Cool Blew Electric & Solar’s experts can assess your situation and goals and recommend a cost-effective system to meet your needs.

How Much Can I Save By Installing Solar Panels?

An average-sized system (5 kilowatts) can reduce up to 50% of your monthly electricity bill. A 5.69kW system would offset 100% of your energy usage if your typical monthly bill is $138. Over a period of 20 years, these savings can add up to $30,000, based on your location and energy usage.

How Long Would It Take to Recoup My Solar Investment by Solar Energy Savings?

With a 5.69kW Solar system you would recoup your savings in 7 years and 2 months but with continuous Utility increases every year your Return and Investment will be much sooner.

What is a Solar Lease Program?

The Solar Lease Program has been one the most popular option that homeowners have chosen over the years. Solar Lease programs gives homeowners the opportunity to take advantage and put Solar on their homes and a guaranteed savings from their Utility for little to no money out of pocket. Most Leases are 20 year power guarantee from the solar provider and includes fixed monthly payments, no repair cost, fully insured and warrantied for the life of the system.

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