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Top financial benefits of Solar Energy

If you were a solar system fiend, you must have learned in school that the sun is the powerhouse of energy, and without it, the entire earth will enter into the never-ending winter era. But do you know that the energy provided by the sun to earth in one hour can fulfill the global energy needs of the entire planet for one year?

Well, this is not being done yet because we haven't been able to figure out a way to harness even a fraction of the energy produced by the sun, but this doesn't mean we are not progressing in this solar realm. The very popular solar panels are a medium to use the power in the sunlight and then turn it into energy to fulfill your power needs. 

Solar energy is ubiquitous on earth. Therefore, you don't have to worry about the amount of energy you will be using, and the sun will keep shining for 10 billion years; we can stay dependent on such energy for a very, very long time. 

Here, we have outlined some most talked about benefits of solar energy that might help you understand people's paradigm shift from traditional energy production to solar power. 

Solar power is cheaper than the electricity grid.

If you are relying on traditional energy production for a long time and witnessing the electricity bill increasing at a breakneck pace, then be sure that this trend will continue in the future. The rate at which we produce electricity is not on an even keel with the current demand. 

But instead of worrying about the increasing electricity bill, you can switch to solar power and save money. When you use solar power, you don't pay for producing energy as the sunlight is ubiquitous, and no one charges for it. You have to pay a one-time fee in the form of the installation, and that's it. 

People keep on rehashing the traditional electricity production system, and there is no way you can sustain it as soon. For many people, this traditional form of electricity production will become impractical. 

Increase in property value

When installing solar panels, most people think about a renewable energy source and savings. Still, only a handful of people know that residential solar power installation through a solar installation company in Orlando can increase their property value. 

In the real estate realm, anything attached to the house that can save money for the owner or tenant, in the long run, is considered as an addition to the property price, and solar power serves the same purpose. 

A solar power system can last up to 30 years, and you can't imagine the money one can save every month during these 30 years. So the moment a real estate agent notices a solar panel system on a property, the property's price eventually increases. 

So, even if you are not interested in saving money on energy bills that are increasing at a breakneck pace, you can still go for it to increase the property value. 

Energy Independence

Many countries have declared themselves as sufficient energy builders. You will be surprised to know that even the most developed country can deal with an energy shortage, especially in remote or urban areas. This might sound odd, but looking at the rate at which energy consumption increases, we can't ignore this fact. 

But this doesn't mean that you should keep rehashing the traditional energy system, and even cutting down on your energy consumption sounds ludicrous. So, the only option to become energy independent is to switch to the very reliable solar power system installed by solar installation company Orlando.

The earth is inundated with sunlight, and it is almost ubiquitous, so you will never be limited while using this form of energy. Even governments can avoid spending billions of dollars on power grids and promote solar energy in every house. 

Government Incentives

The federal, state and local governments now offer incentives to encourage homeowners to install solar power through solar energy companies in Orlando. So, energy-saving and increased property value aren't the only benefits of solar panel installation. This is a relief for many people who still consider installing solar power as an arduous step. 

People in the U.S can receive these benefits in the form of solar rebates and even performance-based incentives. This can help you reduce the cost you pay for solar installation by 25 to 60 percent, which is a big relief for all those who gripe about the high cost of solar panel installation. 

Tax benefits

You can even get tax benefits just by installing solar panels on your roof through a solar installation company in Orlando. According to the latest rules, installing solar panels makes you eligible to earn a federal tax credit. 

This simply means that you will get a credit for your income taxes that will help in reducing the tax bill. You even qualify for the ITC for the tax year in which you have installed the solar panels as long as the solar panel system keeps on generating electricity for a home in the United States. 

Takeaway

Solar panels are a great relief for all those looking forward to reducing their electricity consumption. You don't have to step foot on an arduous journey to install solar panels on your roof as now, the installation process has been simplified, thanks to the advancement in solar power technology. 

Just make sure that you analyze your house, go through your power needs and then choose the best solar power company like Emerald Sun Energy and see how solar power transforms the way you have been using electricity for so many years. 

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Why Should I Switch To Solar Energy?

It is estimated that at least one in seven homes in the United States will have solar panels by the year 2030. With the costs of panels decreasing and more people trying to be green, they are becoming steadily more popular. But what are the main advantages of using solar energy? And why should you consider using Emerald Sun Energy for your solar panel installation?

Keep reading to find out!

Help Out the Environment

Of the many benefits of solar energy, surely one of the most persuasive is the effect on the environment. Installing solar panels in your home is one of the best ways an individual can be environmentally friendly.

Swapping to renewable energy reduces your carbon footprint. Unlike coal, oil, and gas, the sun is renewable - its power isn't going away any time soon! What's more, there are no polluting steps in the energy production process. This means you're helping communities and ecosystems around the world.

Choosing solar power is a great way to sustain the earth's resources and ensure a safe planet for future generations.

Save on Electricity Bills

One of the biggest benefits of going solar is the reduction in electricity bills. With a big enough solar system installed, your electricity bills could effectively be reduced to zero. Most homeowners make savings worth the costs of their solar panel installation within eight years, at which point your energy is free!

Depending on where you live and how much energy you use, 20 to 30 solar panels are enough to completely replace your monthly electricity bill. For people living in sunny areas of the country like Florida, switching to solar power is a no-brainer.

While one of the cons of solar energy is the upfront cost of the panels, this is easily mitigated by incentive schemes and the value added to your home, as we'll cover in this article.

Incentive Schemes Available

When looking for solar energy companies, make sure you choose one which offers a financial incentive scheme. This is yet another great reason to choose solar power.

We offer multiple financing options at Emerald Sun Energy, as despite the long-term savings, we understand that the initial costs can be challenging for some households. One such incentive is $0 down financing with no sales tax.

For more details on how to get the best deal on your solar financing, click here. You can also reach out to our team who will be happy to help answer your questions.

Solar Panels Are Easily Maintained

If you're looking for an additional reason to go for solar energy, it's helpful to know that the panels are easily maintained. After the initial purchase, there are very few costs involved with solar panel upkeep.

Solar panels can benefit from an annual service and occasional cleaning but are typically very reliable. Make sure that a solar production guarantee is included when purchasing your panels. At Emerald Sun Energy, we guarantee that your solar panel system will produce a minimum of kWh (kilowatt-hours) per year. If it doesn't, we'll refund you the difference!

This guarantee allows for peace of mind about the efficiency of your solar power system.

Sell Power Back to the Grid

Next, switching to solar energy gives homeowners the opportunity to see their excess power back to the grid. Solar systems are connected to the mains electricity. This means that when more solar energy is generated than necessary, it can be sold at premium rates back to the energy supplier.

Often, this provides a valuable income that can be set off against energy bills. It is yet another way that solar panels enable people to make long-term savings. Different energy suppliers offer different sell-back schemes, so make sure you shop around when looking for the best deal alongside your solar panels.

If you have any further questions about this potentially lucrative source of income, our team is more than happy to answer your questions!

Gain Electrical Independence

Another reason to choose solar energy is to avoid the fluctuating prices of traditional electricity costs. Solar energy is a very stable market, especially in comparison to gas, oil, and coal.

The cost of these fossil fuels has been rising steadily for years. The growing difficulties in sourcing these finite materials means that costs will likely continue to increase.

Solar energy also means you don't have to be dependent upon power grids that can lose energy during storms. Residents in several states were affected by the raging storm in Texas in February 2021.

The solar energy system means that you no longer need to rely on a utility company, and you are no longer subject to their volatile prices.

Increase the Value of Your Home

Finally, one of the most significant pros of solar energy is that it adds value to your home. Some people might be wondering if it's worth investing in solar panels for a home that they might not stay in beyond five or ten years.

But, it's worth recognizing that solar panels increase the value of a property, often beyond the installation costs of solar panels. This would make switching to solar energy worth it, even if you moved home next year!

Buyers in today's market consider solar panels as an important home upgrade equivalent to a renovated basement or brand new kitchen. People are willing to pay more upfront, knowing that they will save hundreds if not thousands in energy bills year on year.

That's Why Solar Energy Is a Great Option

We've now seen how solar energy offers advantages on many different fronts: both economically and environmentally. It's time to make a long-term investment that will help your finances as well as the planet, by switching to solar energy.

For more information about our solar panel services at Emerald Sun Energy, or about our financial incentives, get in touch today.

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Contact us

2151 Consulate Dr

Orlando, FL 32837

info@emeraldsunenergy.com

Office: (407) 504-0922

Florida Lic #CVC57145

Lic #EC13010058