1. Electricity Bill Savings
Whether you’re a homeowner, business, or non-profit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.
2. Solar power is clean energy
We all know that fossil fuels produce pollution. Solar power is clean, non-polluting, and environmentally friendly.
3. The Investment Tax Credit (“ITC”)
The Investment Tax Credit is a 30% federal tax credit for solar systems on residential and commercial properties. That credit remains in effect through December 31, 2020.
4. Increased Home Value
U.S. Department of Energy states that a solar electric system raises the property value of a home with $20 for every $1 in utility savings over a year.
During a blackout or power outage, your home would be one of few up and running safe havens.
Either way, you can’t keep the money. Whether you’re spending money to make an investment in solar energy or giving that money to your utility provider, that money is still being spent. You can invest in solar energy and take control of the energy costs, or keep paying NES for rented energy.