Are Solar Panels Worth It for Your Home?

The reality of the world we live in is that fossil fuels are not going to last forever. There is a finite number of resources on our planet. What that number is has yet to be determined, but coming up with alternative power sources is crucial in the advancement of our world.

A growing alternative to fossil fuels has been solar energy. And the best part is that it’s free and there is no potential shortage anytime soon.

Many businesses have already switched to solar energy for both the cost savings as well as the reduced amount of pollution going into the air. But you might be wondering, “Are solar panels worth it for my own home? Will it really save me any money?”

Keep reading to find out the many benefits of switching to solar energy!

The Big Question: Are Solar Panels Worth It?

Solar energy usage is currently growing at a record pace, and it’s easy to see why! In this “save the planet” world we are currently in, many people are looking for ways to cut down on their own carbon footprint and limit the pollution they produce. Here are some things to consider when looking into the best solar panels for home use.

Is My Home Built for Solar Panels?

The first thing you’ll want to take a look at is whether or not there is a good place for you to put the panels. If you live in a highly wooded area or a place with a lot of cover from the sun, it may be more difficult to make solar panels a cost-effective solution.

However, on the opposite end of the spectrum, if you live somewhere with wide open space and direct access to sunlight, solar panels could be a great energy solution for you!

How Much Will It Cost?

This is the biggest question you are probably asking. The exact cost will vary on both the size of your solar panel system, as well as the amount of energy you actually consume. The good news is that over the past 10 years, the cost of solar panels has decreased every year, and that trend doesn’t seem to be slowing down any time soon.

In 2010 the average cost, pre-incentive, of a solar panel system was about $40,000. As of 2019, that cost has nose-dived down to only $18,000. That is a dramatic decrease in less than 10 years.

Many states even have tax-credits or incentives to help with that initial upfront cost. And who doesn’t like a nice tax break for helping the environment?

How Will This Benefit Me?

Adding solar panels to your home can increase the value of your house. In a recent study, Berkely Labs found that home buyers are viewing solar panels as an upgrade to the house and are willing to pay more for solar homes.

But besides increasing your home’s value, adding solar panels is also a long term way of saving money on energy, while also significantly cutting down on your energy carbon footprint.

And if you want to feel even better about yourself, installing a solar panel system is also helping to create more jobs in the marketplace. This in turns helps our economy in the long run.

Time to Go Solar!

As you can see, the question of “are solar panels worth it?” has a very easy answer. Yes! They can help save you money now, make you money in the long run, and help preserve the world we live in.

To get this thing rolling, contact us today for your free solar and energy consultation. It’s time to go green, and go solar!

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Summit Energy offers a wide range of cost-effective solar energy solutions. We work with homeowners and businesses to help them reduce their energy bills, while also reducing their carbon footprint.