The only things that people are concerned about most and it usually haunts most of the people are the “utility bills”. Especially in the summertime when the consumption is more and paying the electricity bills might make you wonder for an alternative energy source. If this is the case for you then you are in the right place. We, LA Solar Systems Inc provides the best solar panels that will provide you with a great array of benefits. The solar panel is a sustainable and alternative energy source which works with the renewable energy that is the light emitted by the sun.
Solar panels have earned great popularity over the years, and people are moving towards this renewable form of energy. However, the solar panel and its installation call for a lot of money but the benefits it provides definitely outweighs the costs. Here are the benefits that will make you consider the installation of solar panels:
The solar panels are less expensive than many of the conventional supply systems. Studies also reveal that people save around $44 to $187 per month in the first year after installation of solar panels. According to the estimates, the solar panel saves people over $20,000 in 20 years also some places can reach the savings of $64,000. However, the solar panel installation will cost you around $10,000 to $35,000 but it will cover its cost in the first five years and will run for as long as 30 years.
Earn tax credit:
The government of United States is extremely convinced with the benefits of the solar panels, this is the reason that consumers were offered a 30% solar tax credit for both the commercial or residential properties. Some states governments provide additional credit as well. However, now only a 10% tax credit is offered, when the tax season will arrive this credit will feel like a cherry on top of all the savings you will get.
Increases your home’s value:
Installing solar panels will increase the value of our house. It was revealed in a study that the home buyers are willing to offer an additional $15,000 for a home that is already equipped with the solar panel. This is the reason that house shoppers find solar panels extremely appealing. Installing solar systems can be a great investment for your house.
A single solar system makes up for 178 tons of carbon dioxide which can be equalled to planting 10 fields of football full of trees. This alone may not seem a big deal to you but you should consider that most of our energy comes from the electricity made by oil or coal which leads to hazardous and devastating global warming effects. Solar panels use energy that is already available and does not harm the earth.
Decreased energy reliance:
Since the sun will never increase its rates so it will make you independent of expensive energy providers, therefore it is wiser to consider solar energy.