Advantages of solar energyRenewable energy source are numerous. The most important one is that solar energy is a truly renewable source of energy. Electricity costs across the country have risen 15% over the past ten years, and this trend is likely to continue. Solar energy service contracts can offer low, predictable rates that are generally less expensive than electric company rates, so you can expect, on average, to pay less for energy when you opt for solar energy.
Home solar energy is a clean, emission-free and renewable source of energy. Unlike fossil fuels, such as coal and natural gas, domestic solar energy emits no harmful pollutants or greenhouse gas emissions, such as carbon dioxide, into air and water. The time a solar-powered home stays on the market often varies by region of the country. A solar energy installation will help sell your home 20% faster than residences without solar panels.
Your state or electric company may also offer performance-based incentives (PBIs). A GDP pays you credits for the electricity your solar system produces. The incentive rate is determined when your system is installed. Instead of paying you in advance, you pay a GDP based on your solar system's energy output over a period of time.
A regulated tariff (FIT) is a common type of GDP.The cost of solar home systems has fallen dramatically in recent years, falling more than 70% in the last decade alone. The cost of home solar batteries has also dropped substantially. Despite falling costs, out-of-pocket expenses can add up. That's why Sunrun offers a home solar service agreement to make renewable energy accessible and affordable for everyone, with a Sunrun warranty that covers you for 25 years.Utility rates fluctuate depending on a variety of factors; in some cases, utility companies may increase their rates without notice and without your consent.
But when you switch to solar energy, you can set your rates for the next 20 years, and you won't get any of those surprises that traditional utility companies get.Another way solar panels can put money in your pocket is through your own home. According to Zillow Research, homes with solar panels tend to sell for more money on average, 4.1% more than homes without solar panels installed. The number may vary depending on the market, of course, but not unpredictably.If you would expect home prices to be higher than the national average, you can also expect solar panels to add a higher value. For example, in New York City, the average increase in the value of homes provided by solar energy has increased considerably, by 5.4%.Did you know that the entire planet's fossil fuel reserves, all of our coal, oil and natural gas can be matched by just 20 days of solar energy? It's crazy to think about how much we could supply energy with clean, renewable sunlight instead of extracting, transporting and burning fossil fuels.
Solar thermal energy is a system of giant mirrors that reflect and concentrate the sun's rays to heat a fluid, which produces steam to power a turbine that generates electricity. A study by the U. S. Department of Energy found that solar panels are considered improvements, similar to renovated kitchens or renovated basements.
Depending on cloud density, your solar panels will still be able to capture some of the Sun's energy to provide you with a large amount of energy that your home can store. The operation of photovoltaic solar cells requires no water at all to generate electricity, reducing pressure on this precious resource. The average price of a solar installation and a battery on a rooftop generally recovers in the selling price of the home. EmPower Solar develops, designs, installs and services solar and battery systems for residential and commercial customers.
Solar power plants produce no air, water or noise pollution and do not emit greenhouse gases (large-scale power plants can disrupt local plants and wildlife due to their size, but compared to fossil fuels they still have a lower environmental footprint). Individual energy needs, available roof space, orientation, material and shade are factors that determine if your home is suitable for solar energy. Because your new solar system is meeting your energy needs, your energy bills will be significantly reduced. You can monitor the electricity production of your solar panels directly from the palm of your hand.
Energy independence through solar energy offers a more environmentally friendly alternative and allows the world's most remote populations the ability to supply energy to their homes on a constant basis. Going solar with a high-quality company maximizes your investment and helps you make the best possible financial decision when it comes to solar energy.