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
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