In America, around 39% of the energy consumed is generated by electricity. The majority of that is generated by nuclear energy and fossil fuels like natural gas, oil, and coal. The availability of such resources are depleting as time goes by while simultaneously harming our environment with hazardous pollutants and emissions.
As a renewable energy source, solar power does not run the risk of running out. In essence, it is infinite. As abundant as solar energy is, it also does not produce any harmful emissions and its materials does not harm the environment. The installation of solar panels is not only low maintenance but proves to be a valuable investment for you and the environment.
Once you install solar panels on your home, you will be producing enough energy to drastically reduce your monthly electrical bills. A net meter keeps track of the energy that your panels generate as well as the amount of electricity you consume in your home. In the event that your solar panel system produces more energy than is consumed, your net meter will notify the utility company and credit that electricity back to you when you use more energy than your system is producing.
Not only does going solar save you money on a monthly basis, it also increases the value of your home. A study published in The Appraisal Journal has shown that the value of a home increases $15-$20 for every $1 reduction in energy costs each year. Although purchasing a solar panel system seems like a big investment, it is a beneficial one that will undoubtedly pay itself off.
Solar Market Trends
Click here to see a detailed report of current solar market trends by IREC.
Average Yearly Savings (source)
|Monthly Utility Bill||Average Yearly Bill||Annual Savings by Going Solar|
|* Electricity offset: The amount of energy you would like your panel system to generate and reduce your electricity bill by. ** System Estimated Cost is an over-estimation of what we typically charge.|