Switching to solar power just might be the solution you’ve been looking for.
Solar panels can generate 70-115% of your home’s power, depending on the maximum installable system size. Regardless of the production percentage, investing in solar panels is always cheaper than paying your power company.
If you’re interested in investing in your home and switching to green energy, there are state and federal-approved programs that can help. And the best part? You can switch to solar power with no money out of pocket and pay a lower fixed rate than what you pay your existing power company.
Your wallet and the planet will thank you.
But let’s look at how much money you can save by switching to solar power.
First, let’s consider the initial cost of installing solar panels. While the upfront cost may seem daunting, many government incentives, rebates, and financing options offset the cost. Additionally, once you’ve installed solar panels, you’ll see immediate savings on your energy bill.
According to Energy Sage, the average homeowner saves between $20,000 and $97,000 in energy costs over the lifetime of their solar panels.
But the savings don’t stop there. By investing in solar panels, you’re also increasing the value of your home. A study by the National Renewable Energy Laboratory found that homes with solar panels sell for up to 4.1% more (and in some cases much more) than homes without solar panels. For a $300,000 home, that’s at least an extra $12,000 in value.
By reducing your reliance on fossil fuels, you’re helping to reduce greenhouse gas emissions and combat climate change.
In short, switching to solar power is a smart investment for your wallet and the planet. With government incentives and financing options available, there’s never been a better time to switch.
So what are you waiting for? Let’s get started!