A: Yes, it’s good to put solar panels on your house—for many reasons. One, it’s great for the environment, and two, it can give you control of your monthly utility bill.
Often, when we’re at events showcasing the latest advancements in solar panels, we get a lot of questions. The question that comes up the most is “why are solar panels good for your house? The truth is—many homeowners just don’t realize the benefits of solar panels. They’re not doubting the effectiveness of solar energy, they just aren’t informed—so it’s a great question!
Why It’s Good To Put Solar Panels On Your House
Homeowners that invest in solar panel systems for their home reap several benefits such as:
- Lower Utility Bills
- Lighter Carbon Footprint
- Potential Increase In Home Value
Solar panel technology has been in existence since the mid-1950s but wasn’t as mainstream due to the extreme costs back then. However, fast-forward to 2021 and solar system component costs have drastically decreased. In fact, solar panels have been considered financially feasible for the average homeowner since the beginning of the 21st century.
A major benefit of installing solar panels on your house is of course the lower electricity bill. Naturally, the magnitude of savings will depend on how much solar energy can be produced given your environmental conditions. Also, it depends on how your electricity provider charges for electricity. Those are just two major considerations you will need to review with a solar consultant when you call Cali One. They will guide you on those considerations and a few other key considerations when building your system. All considerations aside, the benefits of solar speak for themselves.
Solar Panels Reduce Or Eliminate Electricity Bills
This is where most solar skeptics are blown away and end up going all-in on solar energy. Here in Houston, the sun exposure is extraordinarily strong—anyone who’s lived through one Houston summer will attest to that. While that might make the outdoors unbearable—it’s great for solar panels.
However, even during these milder spring days, we get a lot of sun. For homes with solar panels, that usually results in your solar system generating more electricity than you consume. That means you have a surplus and your utility company pays YOU for electricity. But what about when we get an overcast day and no sun? No problem, you can draw from the grid on those days.
When you factor in the surplus with the overcast days you must draw from the grid—it cancels out in most cases. Also, keep in mind that even on cloudy days we get at least three hours of sunlight as well. Additionally, even though days where sunshine is abundant provides better solar energy production, indirect and diffused sunlight can still give you enough electricity.
You Can Get Tax Rebates And Credits
Many people don’t realize that while solar panels are a significant investment—solar installs are set to quadruple over the next 10 years. Why is that? Because just as there is a significant initial investment you can get nearly 30% of that investment back in a tax credit.
When you couple that with local and state-level Solar Renewable Energy Credits (SREC’S) rebates and other available credits—your cost could be cut in HALF. When you factor all that in—you’re getting a nice head start on getting a nice ROI.
The Savings From Solar Panels Begin Immediately
Annual electricity costs can soar into the thousands thanks to Texas summers. Ironically, as some learned in a historic winter storm 2021 costs for some are already in the ten-thousand-dollar range. However, solar energy can lower or eliminate those costs from the moment solar panels are installed. There’s also a long-term savings impact as sunlight is free energy once it’s harnessed and converted.
Solar panels also add significant value to your home should you ever choose to sell. Think about it—suppose we told you that you could buy a home with free electricity for a bit more than a home without that. Would that be something you might be interested in? Of course, you would! Who wouldn’t take that deal and even pay a premium for it?
According to recent studies, most homeowners that install solar panels see a value bump of almost $6,000 for every installed kilowatt. Ok, so what does that mean? It means if you installed a 4.1-kilowatt system you’d see your resale value jump by almost $24,000. That’s one heck of a return on your investment.
There’s another type of saving that you probably aren’t thinking of—solar panels extend the life of your roof. They act as a barrier to elements such as hail, rain, snow, and debris during one of our infamous storms. Therefore, your roof can be saved from significant storm damage that can cause other damage.
Let’s also not forget that your house is not just more energy-efficient because you’re using the sun for power. It can also help you conserve the energy you’re generating since the solar panels ironically act as a solar barrier. They’ll keep your house cooler and absorb the heat so your roof and attic don’t.
They Are Better For The Environment
Solar power systems not only give you free energy from the sun, but they also lessen your carbon footprint. Traditional electricity is produced by burning coal and other fossil fuels which emit greenhouse gases that threaten the ozone. When fossil fuels are burned to generate electricity, the result is a contribution to air pollution and climate change.
While not all fossil fuels are harmful, coal and natural gas plants are particularly harmful to our health. Water pollution and air pollution are common in close proximity to these plants. This can result in higher mortality rates and rising health care costs for residents where the plants are located. They also consume a lot of the local water supply as water is needed in the process of generating electricity using coal. Solar panels, on the other hand, don’t emit any harmful gases, don’t pollute the air or water, and don’t strain the water supply to operate.
Also, as we learned recently—even in a drought, heatwave, or in arctic temperatures—solar continues to produce electricity. During the recent snowstorms, many Houstonians were without power for days and weeks. However, most residents with solar panels were fine as they do not depend on the electric grid.
Additionally, solar power creates an opportunity for work in clean energy companies. Of all the countries that have joined the Paris Accord—the US leads the way in green power investments and development. That requires a large labor force and companies to make solar panels, install them, and other auxiliary job opportunities.
Takeaways On Solar Panels
While deciding on solar panels for your home can be a bit intimidating, with a little research you’ll find that solar panels:
- Reduce Or Eliminate Your Monthly Electric Bill
- Qualify You For Substantial Tax Credits And Energy Rebates
- Start Saving You Money Immediately
- Protect Your Roof
- Help Protect The Environment
Overall, you must remember that solar energy is a long-term investment. You won’t recoup your initial investment right away. However, you will have long-term savings long after you have made your investment back.
For that reason and the benefits we’ve covered—putting solar panels on your house is a great investment from a financial perspective. Traditional electricity providers keep raising rates and there’s always some new provider trying to get you to gamble on wholesale pricing.
As many unfortunately learned, the only safe bet against the fluctuating nature of electricity prices and rising costs is—you guessed it, SOLAR.
Let Cali One Show You The Savings!
Contact us today to experience the savings and security that a solar system can provide. With our extensive experience in the solar industry, we can find the perfect solution for your home.