According to One Block Off the Grid, adding solar panels to your home can bring in monthly savings of well above $100 in many states. Extend this to two decades,less than the length of a typical solar panel warranty, and this translates to over $30,000. In Hawaii, residents save on average $64,000 the first 20 years!
2. Save The Environment
We know that the majority of homeowners choose to go solar because it makes good sense from a financial point of view. That being said, the environmental benefits are also clearly worth mentioning.
The U.S. places second in the world in annual carbon dioxide emissions at 17.9%, right behind China. You can go a long way in lowering your carbon footprint by replacing utility power with clean electricity from solar panels.
The average residential solar system offsets about 100,000 lbs. of carbon dioxide in 20 years – the equivalent of driving a car for 100,000 miles.
3. Low Payback Period
If you choose to pay in cash, the payback period is in many cases is less than ten years. In California, it takes homeowners about 6 years before the monthly savings (in terms of lower electricity costs) meets the total costs of the solar system.
4. Increased Home Value
Buying a home with solar panels translates into lower electricity costs. Solar panels will increase a home`s attractiveness on the market, similarly to homes with low property taxes, homes in school districts and homes with good Home Energy Ratings (a measurement of a energy efficiency).
A study conducted by National Renewable Energy Laboratory (NREL) concluded that homes with solar panels sell 20% faster and for 17% more money.
U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory found that the sales price of the average home increased $17,000 with solar panels.
5. Take Advantage of Incentives
You will get 30% of total system costs back (equipment and installation) as a Federal Tax Credit. This means you would save $7,500 on a solar system worth $25,000. Take advantage of incentives while they last.
6. Solar is a Secure Investment
The utility companies are notorious for their fluctuating and unreliable electricity prices. There is clearly an upward trend.
With solar panels and simple math, we can calculate how much electricity will be generated, and most importantly, at what price, for at least the next 20 years (fixed energy costs).
7. Guaranteed Performance
Solar panel manufacturers include a 20- to 25-year warranty (also known as a performance guarantee) with their solar panels. The industry standard guarantees 80% performance after 25 years.
The real lifesan of solar panels is much longer `your solar panels will likely generate a good amount of electricity 30-40 years down the line. Quattro Solar regularly specifies Enphase micro-inverters, which are also warrantied for 25 years.
8. Create Energy Independence
The U.S. relied on net imports for about 40% of the petroleum (crude oil and petroleum products) that we consumed in 2012.
You can help to reduce U.S. dependence on foreign energy. We will inevitably run out of oil, coal and natural gas. While we continue our consumption of these increasingly expensive and dangerous energy source, our national security and economy suffers. Solaris one step in the right direction.
9. Solar is Easy
Solar has been around long enough now that the industry has easy and simple ways to convert your home or office to run on solar without a lot of extra worry or effort. Hire Quattro Solar and we will handle all of the design, ordering, installation, maintenance, and educate you on how to check on your system to make sure it is functioning optimally.
10. Support Local Economy
Create green jobs, support veterans returning from military service, train the younger generation with skills they can really use. Quattro Solar prefers American-made products. Think globally, act locally!