Are you thinking about switching to solar energy for your home or business? You are not alone in this movement, as many others in the U.S. are embracing the power of the sun to help save money and the environment. Using solar energy to power your house or workplace has many benefits, including economic, personal, and environmental. Here are 4 reasons why the time to switch to join the solar revolution is NOW.
1) Solar Energy can Save You Money
The cost of electricity is unpredictable, and many independent studies show that electricity prices could rise in the long term. If you switch to solar, your monthly electricity bills could be less than what you currently pay to your utility company. Why? Because your solar production could offset what you would have normally purchased from your utility company. The power you generate can be cheaper than utility pricing, so you are able to save money for every unit of electricity you produce.
2) Solar Energy Creates Jobs
Last year, jobs in solar increased by 21.8%, adding up to 31,000 new jobs in 2014 and bringing the total number of solar-related jobs in the U.S. to 173,800. Solar exists at the critical intersection between energy, the economy, and the environment. As the nation’s fastest growing energy source, solar is adding thousands of new jobs each year in a variety of disciplines such as manufacturing, installation, administrative, monitoring, maintenance, research, design, and policy jobs. Its growth will almost surely continue to be robust in coming years.
3) Real Estate Value Goes Up
Going solar increases the value of your home and may help it sell faster. According to the National Renewable Energy Laboratory (NREL), for every $1 in annual electricity bill savings your panels generate, the value of your property goes up an average of $20. By decreasing your electricity bills, solar provides immediate value to you and to anyone else who owns your home in the future. And unlike most home improvements, which depreciate in value with age, solar panels will increase in value over time as electricity prices rise.
What will electricity prices be in the future when you sell your home? The higher they are, the more people are willing to pay for an efficient home, so solar panels are like a hedge against increasing electricity rates. So even if you don’t plan to stay in your home for a long period of time, your solar panels are still a good investment — better even than a kitchen or bath remodel.
4) Solar Energy Helps Save the Environment
Converting to solar energy is a big personal change you can make to fight global warming. Reducing the electricity we draw from the grid means reducing carbon emissions. That means cleaner air, water, and soil for your family, community, and generations to come.
With Direct Energy Solar, switching to solar power is simpler and more rewarding than you might think. To learn more about the solar energy potential of your home, request a no obligation home site assessment today.