As the world begins to return to some semblance of normalcy, many are wondering what lasting effect it will have on our psyche and our economic standing. As gas prices start to inch up, forecasts are that our energy costs will soon be on the rise as well. If you have been considering the prospects of hiring a residential solar South Carolina company, now might be the most ideal time. Solar panels offer a variety of benefits over being beholden to a power company. These are just five reasons they might be the best option for you.
Lower Electricity Bills
One of the biggest advantages of installing residential solar panels is a lower energy bill. Statistics tell us that over just two decades, a homeowner can save as much as $10k to $30k, depending on where you live, your electricity use, and the size of your home. Also, unlike throwing money out the window paying your electric company, paying off your solar panel investment will have a rate of return. And if you harvest more energy than you use, depending on your utility provider, you may be able to sell the excess back to the grid for potential savings in the future.
Another great advantage of installing residential solar panels is that you won’t be held hostage to an electric company that can raise prices at will. Solar panels can be placed where they best suit your home, so you can find the most exposure to direct sunlight. When you install solar panels, you become less dependent on fossil fuels and your energy bills will remain more stable over time, even when energy demands are high and the price skyrockets.
Reduced Carbon Footprint
It is our duty to reduce our carbon footprint to help future generations. Solar energy can harvest energy without releasing greenhouse gases that damage the environment. According to statistics, the average household in America produces as much as 15,000 carbon dioxide pounds annually. Solar panels can cut your contribution by as much as 3,000 pounds per year.
Low-Maintenance and Lasting
If installed correctly, solar panels can last upwards of twenty-five years. While operational, solar panels should only require a little maintenance. We highly suggest having your system cleaned at least annually to make sure that you are getting the most exposure to direct sunlight and maximum energy production.
Federal and State Incentives
State and federal tax incentives might be available for you if you install solar panels in your home. Some taxpayers can write off a sizable portion of solar panel installation costs, although benefits vary by state. Although it will take some research on your part, there is assistance available if you are willing to do the legwork to find it. Please consult your individual CPA for more information regarding your current tax status.
As the New Year approaches and gas prices continue to go up, this might be the best year ever to bite the bullet and invest in residential solar in South Carolina. At SELSCO, we are committed to offering the very best products in the industry, along with experience and professional installation. Contact us today to discuss how we can get you off-grid and save money for the New Year!