Benefits of residential solar

Benefits of residential solar

Solar panels for homes are a hot topic, and rightfully so. The amount of solar connected to the electric grid has grown rapidly over the past several years, and now many homes are already generating their electricity with solar energy.

This clean energy source is making the electric grid more reliable while helping solar homeowners save money and improve the value of their homes. With all this interest and a wealth of information, Energy Saver wants to take a moment to highlight four benefits of residential solar:

You can save money by going solar

Solar offers great potential to save you money on your monthly utility bill, and with utility bills rising, solar is likely to remain a great money-saving option for years to come. The amount you save depends on how much electricity you consume, the size of your solar power system, and how much electricity it is capable of generating. You can also opt for a leased, third-party-owned system that allows the homeowner to host a solar power system on their roof and buy back the electricity generated at a discounted rate. which not only pays less for utilities than K's customers. But it also allows electricity rates to remain stable for years.

You can keep the lights on when the grid goes down

Generating your own solar energy can give you the freedom to keep the lights on when the power goes out. Residential solar power systems combined with battery storage—commonly called solar-plus-storage systems—provide electricity regardless of weather or time of day, without relying on backup power from the grid. As battery technology improves and financial incentives for energy storage come into effect, it makes sense for more households across the country to decide to invest in battery storage.

Solar will often increase the value of your home

Buying a solar power system is likely to increase the value of your home. A study found that solar photovoltaic panels are viewed as an upgrade like a modular kitchen and homebuyers across the country pay a premium for an average-sized solar array home are more willing to pay. For systems owned by third parties, it appears that the impact is largely neutral but can sometimes add value, especially for prepaid leases.

Solar systems operate in a variety of climates

Solar panels only need one thing to generate electricity - sunlight! Even in the winter when daylight hours are shorter, this is still enough to power the average home. This makes solar energy viable even in the long, cold winters in India.

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