Why You Should Be Investing in Solar Panels?

The future is green, and it’s more important to get on board with it than ever before. The past year has seen countless climate change related natural disasters, from the recent devastating mega-fires in California to frequent hurricanes sweeping the US and the Caribbean.

Solar panels are becoming much more accessible, for homeowners and for businesses. Traditional roof-rack solar panels can now be installed for as little as around $3,000, and are practically a no-brainer due to the energy savings you’ll make over time (you could even totally eliminate your electricity bill). Not to mention that you’ll be doing your part to help the environment in our planet’s time of need.

solar-energy-trends

Solar panels are becoming more accessible, for homeowners and businesses

If you’ve always found chunky solar panels ugly and off-putting, business magnate Elon Musk has a solution. His electric car and solar panel company Tesla has recently unveiled invisible solar roof tiles. The tiles look exactly like normal roof slates, but capture the sun’s energy without drawing attention. These tiles are paving the way to normalizing sustainable, beautiful eco-homes.

To further convince you about seriously considering installing solar panels for your home, check out our list of top reasons why solar panels will benefit your household or business.

Slash Your Energy Bills

After the initial investment of purchasing the panels and installation, the energy produced is all yours. Even if you consume more energy than your panels can produce, you’ll make drastic savings on what you are currently paying by purchasing all your electricity from the grid.

You’ll make even more amazing savings if you live in a sunny state or country – prices in Brisbane, Australia, are particularly low to purchase and install solar panels. And as the city enjoys on average 261 days of sun per year, panels there will produce more than enough energy to power homes all year round.

Energy costs are only set to rise and rise – meaning that by investing in solar panels now, you’ll never feel the strain of your electricity bills going up again. This is an especially smart idea for business owners with fluctuating income, as you can more easily predict your cashflow with fixed energy prices.

Increase the Value of Your Home

If you are open to the possibility of moving to a new house in the future, you will be able to sell your current property at an increased value by equipping it with solar panels. It’s an attractive prospect for buyers if a potential home comes with very small or no electricity bills, so you’ll be making a huge return on your investment in this way, too.

solar-battery

Note: Be wary of ‘renting your roof’ to solar panel companies if you can’t afford to purchase the panels outright. You may want to ‘go green’ in any way you can, but buying panels is by far the most practical way to enjoy the benefits. The lengthy leases that come with rental panel contracts (often 25 years) have been seen to put off mortgage lenders.

It’s highly recommended that if you want to benefit from free electricity and help the environment with solar, you should save up first to increase the value of your property – not render it unsellable.

Reduce Your Carbon Footprint

As we said, it’s never been so important to do your bit to save our eco-system. The polar ice caps are melting faster than has ever been recorded, and the earth is suffering terrible effects. As well as hurricanes and fires, we’ve also experienced floods, earthquakes and landslides all over the world this year.

In the large scheme of things, installing solar panels doesn’t seem like it will help much, but if everyone did their part to be more eco-conscious, we could significantly reduce the strain of destructive fossil fuels on the environment. By equipping your property with solar panels, you will save money while making steps to saving the environment – a tough offer to turn down!

Utilizing green energy within your business has even better rewards. Marketing your business as eco-conscious and sustainable is a great way to attract customers and impress existing ones. In recent years, studies into consumer activity have found that sustainability is a big shopping priority, especially among the millennial generation. Corporate solar panels will increase your revenue by expanding your customer base AND saving your business’s energy bills.

So – what are you waiting for? Contact a solar energy company today, who will be more than happy to assist you on your green energy journey.

5 Solar Panel Facts You Might Not Know

Over the last decade, it seems that the cost of electricity has risen in most areas. This is one of the reasons why so many people are getting solar energy systems installed in their homes. Due to its rise in popularity, we have seen prices for solar panels and other equipment needed to make your home more eco-friendly decrease.

Because solar energy is still fairly new technology, many people still know very little about the industry. To help you out, we have compiled a few interesting facts about solar panels which you might find interesting.

As the industry grows, you will probably be hearing much more about solar panels and the benefits of using this eco-friendly method to provide energy for your home. Below are solar panel FAQs to remember:

solar-energy-diy

 

1. The First Solar Panel Cell was Discovered in 1941

Although it seems like solar panels have only been around for the last few decades, the world’s first solar panel cell was invented by Russell Ohl in 1941. Shortly after the invention of the first solar panel cell was invented, Bell Laboratories came up with the world’s first commercial panel in 1954.

Although it seems we are still at the stone age of solar power, photovoltaic (the conversion of light into electricity) was discovered by French scientist Alexandre Edmond Becquerel in 1839.

2. In the Long Run, Solar Power can help Save you Money

Although the initial cost of installing a solar system in your home might be frightening, the overall running cost of the system can save you a lot of money. Although prices of installation and equipment are becoming more affordable, it still is expensive for the average household.

However, try to keep in mind that you won’t ever have to pay to heat or cool down your house again (assuming your solar panels power system can provide enough energy throughout the year for your home). The average household spends $1,300 annually on their electricity bill.

Throughout the world, it seems more and more governments are trying to encourage homeowners and business owners to invest in solar panels. Lots of governments have offered people incentives and tax breaks in the hope that the number of households using this eco-friendly method will increase. In some states in America, people who purchase solar panels are eligible for a 30% tax break. Also, some states allow those who own solar power to sell their excess energy, so they can make some profit from their system.

3. A Communal Effort

Community solar systems are becoming more common these days. Instead of just having an individual solar system in your home, more communities are investing in community solar systems instead.

Over the last 15 years or so, instead of each household having individual systems installed, whole communities are getting together and investing in a system that will provide energy for the entire community. If you are considering making your home more eco-friendly, why not speak to others in your community to see if everybody on the block is interested in getting a communal solar system installed instead?

what-is-community-solar

4. The Industry is Growing Extremely Fast

Between 2018 and 2010, the number of households and businesses having solar power installed in their buildings grew 23 times in the United States. Solar power is not only becoming more appealing to homeowners in the United States, but it seems like people all over the world are deciding to go green and install solar power systems into their homes.

China uses more solar power than any other country on the planet. The Chinese government has been offering the residents of the country plenty of incentives that has resulted in many people installing a solar power system in their home.

If you are thinking about installing a solar power system inside your home, check out Solar Panels Network USA for more information. If you are still on the fence about joining the solar power movement, ask them for advice.

5. Maintaining a Solar Power System

Maintaining your solar power system tends to be fairly cheap too. In fact, once the system is fully installed there is actually very little maintenance needed. Apart from cleaning the panels now and again, and making sure that it’s getting sunlight and not shaded, it should work smoothly. You may have to trim some trees at times but that’s about it.

solar-panels-pigeon-issue

Most solar panels have been installed on a tilted roof, so when the rain hits it will clean any dust and dirt from the panel so you won’t have to clean it too often.

Most solar power system suppliers offer 25 year warranty, but it is not too uncommon to see a quality solar power system last for 40 years. If your system does manage to last for that length of time, you can imagine how much money you will save on electricity.

Why Solar Panels Make a Difference in Minnesota

Many would be surprised to know that, despite its cold, northern climate, Minnesota receives a substantial amount of natural solar energy. The amount received is even comparable to places near the equator such as Texas and Florida.

Solar Energy Minnesota users have tapped into this phenomenon more and more. They utilize natural sunlight to power their homes and protect the environment. With the help of monetary incentives, they even save money while doing it!

minnesota-solar

By analyzing the environmental possibilities of the future and the fiscal incentives of the present, it is astoundingly clear why anyone would choose to invest in installing and maintaining solar panels. Due to its ever-growing importance and accessibility, this choice is only going to become more conventional.

An Eco-Conscious Undertaking

Excess greenhouse gases continue to deteriorate our ozone. Moreover, non-renewable resources risk becoming obsolete with each passing day. The question of how we must prepare ourselves is a recurring theme. We can make everyday decisions, like:

  • Recycling
  • Cutting down on plastic
  • Eating according to a vegan diet

Still, there are also larger steps, like using alternative energy sources. Solar energy is an exemplary renewable resource that is being encouraged for the state of Minnesota. This is because of its usefulness and the state’s considerably substantial accumulation of it.

It has been estimated that Minnesota can garner up to 38.5% of its electricity through solar power. This statistic can be jarring when considering facts like Minnesota used nuclear power for about 24% of its electricity in 2019 and is in the top 10% of ethanol producers in the country. Switching from these finite resources to a renewable one would positively impact both the state and the nation.

Financial Incentives

Just as everyone has a water bill and a cable bill, homeowners and property managers must also manage the responsibility of paying for power usage. The cost of electricity has a significant impact on how one goes about powering their home or business; however, numerous companies are now offering incentives to promote solar power usage.

solar-powered-home

Many people’s decisions are a matter of price and affordability. By companies distributing incentives for the installation and maintenance of solar panels, plenty of individuals who never expected to partake in such a transformative endeavor can now do precisely that for federal tax credit and/or a utility rebate with up to 51% of the cost credited back. This applies to residential and commercial uses alike.

Personal Savings

Research from 2016 claims that over a decade-long period, solar panels will actually pay for themselves, and in a twenty-five-year span, they will start to make money back. Even dismissing the incentives to get started, solar energy could start making back money once it has found a foothold. This is a consistently discovered statistic in the studies of environmental sustainability—the more effort we put into incorporating renewable resources now, the less long-term climactic troubles we will have that result in displacement or worse.

Additionally, many of these companies that promote solar panel usage also assist with installation and upkeep—maintaining your panels in the frigid Minnesota winter is just one example of aid offered to those who commit to the process.

Bottom Line

Due to eco-conscious values, fiscal incentives, or impending climate change, solar power is taking a front seat in Minnesota’s most commonly used energy sources. Right now may be the best time to invest in solar panels, as those who do are likely to get money back for their contribution to a cleaner, safer world.

While the eco-conscious choices yesterday were a matter of money, it is evident that tomorrow they will be affordable for all.