Did you know that the amount of power the sun emits in an hour is more than the total power humans need in a year? That itself should be reason enough to make better use of solar energy. Governments, organizations, and citizen groups may have been slow to embrace renewable energy sources, but they are now pushing for their use more than ever before. Let’s look at some of the reasons why you should join the solar fan club:
- Make a difference to the environment
Climate change has already led to a rise in the number of natural disasters and their intensity worldwide. Make a difference to the environment by adopting solar energy. By reducing your dependence on non-renewable sources of energy, you reduce your carbon footprint.
- Better accessibility to solar energy
The latest technology has made solar energy increasingly accessible and affordable. The cost of solar panels and installing them has been on a downward trend in recent times. Moreover, solar energy equipment is more durable, making it even more efficient. Rather than paying money to traditional utility bills, be smart and go solar.
- Reduce your electricity bills
All of us now find ourselves spending more time indoors thanks to the global pandemic. With most of us working from home, children attending classes online, and at-home movie nights – we’re using all kinds of devices and appliances all day long.
You may have been seeing higher electricity bills ever since we were locked into our homes. That’s why it’s the perfect time to go solar. Over time, you end up making huge savings on your electricity bills. When you install solar panels on your property, you’re practically generating your electricity. In case your solar panel installation doesn’t generate enough power for all your needs, you still reduce your use of traditional energy sources, thereby reducing your utility bills.
- Increase the value of your property
Homebuyers are now more conscious and look for houses with pre-installed solar solutions. Potential homeowners on the market are more aware of solar energy installations.
Various studies indicate that the demand for properties with pre-installed solar solutions is rising and will continue to enjoy popularity.
Green Brilliance provides you with a holistic solar solution that gives you peace of mind and adds value to your property.
- Gain tax credit
Homeowners or tenants who installed solar systems in 2019 and 2020 became eligible for a federal solar investment tax credit of 30 percent and 26 percent, respectively. In 2021, the tax credit is 22 percent.
The benefit may expire in 2022 unless the government decides to renew it. The tax credit may appear lesser than 2019, but most homeowners still consider it a significant amount. The benefit is computed on the cost of panels, labor costs, costs of other related equipment, and related sales taxes.
There are several factors to consider before making your solar decision, but shifting to solar energy sooner than later may be wiser this year.
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