Although Solar energy has been around for about 50 years now, we at Eco Custom Homes are seeing the use of Solar energy in Homes becoming more and more popular.
Making the change to solar energy can be an easy decision once you have all the facts. We spoke to Chris White, a solar consultant at AES ( Alternative Energy Southeast Inc. ) in Atlanta and he provided us with a detailed explanation of how your monthly utility savings and increased home values can add up to an impressive return on your investment that only grows as electric utility rates continue to rise.
For those of you that are not knowledgeable on the topic of solar power panels we want to give you some back ground on how the system works to better help you understand.
The solar panels store energy during the day that is it gets from the sun. These solar panels have batteries that store this energy. You can use this energy to run your power needs in the evenings and/ or when there are power outages. Depending on the size of your home, during a power outage the batteries associated with the solar panels can furnish power to your home for a day or two.
Some homeowners prefer to use generators to power their homes during power outages. Generators can furnish power for longer periods of time but also will increase your cost of power and natural gas.
Other Benefits of Solar Energy for Homeowners Include:
Lower energy costs – Solar panels pay for themselves within the time frame of 7 to 10 years and they have a warranty of 25 years, which means for you, years and years of free energy from the sun.
Increased value of your home – Besides the incentive of lower energy costs to attract buyers – “Researchers found that buyers were willing to pay a premium for a home with the average-size solar power system… compared with a home without one.”
Tax incentives – There are a number of financial incentives to installing solar systems. When you purchase a solar system for your home you immediately get a 30% tax credit on your federal income tax. This credit will start disappearing in 2020. Also, if you are putting a new roof on, we sometimes can roll the cost of the roof into the cost of the solar panels as well and you can get a 30% tax credit for your roof as well.
Energy-independence – A solar panel system with battery back-up can keep the lights on when storms and other conditions knock your neighbors “off the grid”. Solar power is independent of oil pipeline breaks, gas shortages, and world politics that monopolies use to increase your energy costs.
Environmental friendliness – Switching to solar energy will have a positive impact on our environment and the one our children will inherit. Together, we can reduce harmful emissions (like sulfur dioxide), reduce poisonous waste products (like arsenic and mercury) and keep more clean water for drinking.
If you need anything else, we are here to help. Contact us today if you have any further inquiries.