You could save the environment by using solar power. There are a lot of advantages and
benefits when you do choose to change from fossil fuel to renewable energy. They are
now more affordable, efficient, accessible, and resilient than ever.
What are 5 Advantages of Solar Energy?
- Provides clean, renewable energy
Home solar panels are a clean, emission-free, and renewable energy source. They don’t release harmful pollutants, unlike fossil fuels, or greenhouse gas emissions into the air and water supply.
If we help eliminate carbon footprint, we would be able to help eliminate all the harmful emissions from burning fossil fuels. This is the key to a cleaner environment, helping not only the humans but also the whole ecosystem live a little longer.
- Costs have fallen
The costs of home solar systems and the home solar batteries have dropped dramatically through the recent years, falling more than 70% in just the last decade.
- Gives you control over your electricity
Electricity costs across the country have risen by 15% over the past ten years and it would most likely continue rising. Home solar panels and home batteries can offer freedom from the utility companies with all their predictable electric bills.
Solar panels give you backup power in case the grid goes down and helps you avoid peak electricity rates. You could avoid the most expensive rates under a Time-of-us (TOU) rate structure while optimizing the energy savings that you got from the sun and giving you power during blackouts.
- Increases home value
Across the United States of America, solar panels rise value by 4.1% on average. A home that has an original value of $500,000 could get a %20,500 increase. The specific numbers depend on the installation and property, but recent studies show an average increase in resale value, between $4,020 and $5,911 for each kilowatt of solar panels.
- Qualifies for tax breaks and cash incentives
The average costs of solar panels are about $16,200 to $21,420.9 depending on where you live. You can cover the substantial proportion of the cost of your PV system thanks to the federal solar tax credit, local rebates, net metering, and more.
Solar renewable energy credits (SREC) could help homeowners who have a solar
panel systems earn a return on solar. Some states have a Renewable Portfolio Standard (RPS) that requires companies that provide electricity to get a portion of their energy from renewable sources.
This is when you have excess electricity and is sent back to the grid, allowing the
electric company to buy that energy from you. People with solar panels could sell
their extra energy to the electric company then use that amount to kind of offset
their electric bill.
Federal Investment Tax Credit (ITC)
You would be eligible for the federal tax credit if you buy your own home solar
panel system outright. The tax credit could reduce the cost of a solar installation
by 26%, including a solar battery purchase.
State Tax Credits and Cash Rebates
States and cities may provide cash rebates for your solar panel system and that
further reduces the cost of your solar panel system. The tax credit varied from
state to state.
Performance-Based Incentives (PBIs)
Your PBI pays you credits for all of the electricity that your system produces. It is
determined when your system is installed and rather than you pay upfront, a PBI is paid based on your solar panel system’s production over a period of time.
How does solar energy reduce pollution?
With the main power source being the sun to generate more power, it means that there
are less and less harmful emissions of burning fossil fuels. Solar panels produce no
harmful emissions that could harm the environment, and the more homes and
businesses that rely on solar power means that there would be fewer toxic emissions
from fossil fuels into our air.
What are the three benefits of solar energy?
- Zero Energy-productions Costs
The maintenance and energy production basically costs nothing. This is a large investment, with no additional costs added to it, so the installation is recovered rather quickly.
- Versatile Installation
It’s easy and simple. It could be installed anywhere, having both the vertical and horizontal spaces in your home that have no specific use. The modularity and flexibility of the system facilitate the installation of either small-scale projects and maybe even large-scale projects with the added advantage that you could expand it depending on the amount of energy that you need. It can also be installed in remote locations.
- Economic Impact
The cost of the system comes from the installation of the solar panel itself, so this promotes local job creation, giving other people more jobs, and creates a positive impact on the economy of the area.
Solar energy not only helps you help the planet by not destroying the environment through pollution and lessening the carbon footprints, but it could also save you a lot of money in the long run. It is especially efficient if you live in a sunny state where you could capture a lot of sunlight. You could also save the environment by using power in commercial buildings.