Benefits of Solar Panels and How They Help You Save Money

Posted by ASP Superhome
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Nov 29, 2021
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It’s no hidden fact that solar power has found its place in the world. While China leads the global race as the number one user of solar power, the United States is swiftly catching up. Much of this pace is due to the fact that solar panels in Miami FL today cost a fraction of what they did about 12-13 years ago.

But are solar panels still worth your time and money?

When you look at the upfront cost of installing solar panels, you may think, they are probably still priced a bit too high. After all, why would you want to invest thousands of dollars in a piece of technology when you could easily do away with paying hundreds of dollars every month?

How Solar Energy Helps You Save Money

Let’s say that you have decided to take the plunge and install solar panels on your Miami FL home. How will that benefit you? Let’s discuss:

Competitive Pricing: The solar energy competition is starting to heat up. Today you have many companies lining up to sell their solar panel systems to you. This helps you attempt to strike a bargain with your chosen solar company to get a competitive price on your system.

Investment Tax Credits (ITC): You will receive as many as 26% federal tax credits for investing in solar panels. These credits are awarded to you for switching to green energy and helping in protecting the environment. So, whatever you pay for solar panels, you will get 26% of your investment back as ITCs.

Monthly Energy Savings: After you have made your initial investment, you will not have to worry about those high energy bills every month. You can choose to reduce your need for utilizing energy from the grid, or do away with it completely. If you choose the latter, you will start making savings worth your monthly bill, and will continue to do so for at least 25 years!

Moreover, you can even end up recovering the entire cost of installing solar panels through all the above. How much time you will need to recover the cost will depend upon how many solar panels you install and what your regular monthly energy consumption is. If you aren’t sure about either, you can ask your installation company to help you with it.

Other Benefits of Installing Solar Panels

·       Reduced Dependance on the Grid: With solar panels meeting most or all your energy needs, you will have to rely less on energy from the grid. This will also secure you from experiencing blackouts during hurricanes or other events that make grid energy fail.

·       Minimal Maintenance Needed: Modern solar panels are made using the most advanced technologies that help them fend off most kinds of threats including strong winds and hurricanes. So, the only maintenance effort you may need to put in will be cleaning them up now and then for attaining maximum efficiency.

·       Free Power for Over 25 Years: Solar panels come with a warranty of 25 years. This means they will continue to meet your energy needs for 25 years, at a minimum! They could last much longer too, depending upon your energy usage and the effort you put in n their maintenance all these years.

·       Net Metering: Net metering allows you to secure useful energy credits from the grid by sharing your extra power with it. So, if your solar panels are generating more power than what you need, send them over to the grid and get those brilliant credits.

Give your nearest installation company for solar panels in Miami FL a call today to get a free quote for your house. Ask them about any concerns you may have before moving ahead with their futuristic solutions.

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