Rising energy prices, new state and local incentives for green home improvements, and easier access to zero down and low-down financing are heating up interest in going solar. Going solar can drastically cut home heating and cooling bills and lessen damage to the environment caused by the burning of fossil fuels. Because of this experts say it's a good time for many homeowners to harness solar energy. Scroll down to learn about a few things to consider.
Electricity costs have significantly increased and will continue to rise. Utility companies have raised their rates consistently year after year. 2024 saw an average 9.3% increase in energy costs, compared to their 4% average increase in past decades. You can expect to see increased energy costs in the years ahead. Installing solar panels can be an effective way to mitigate the rising prices now and protect you in the future.
Solar helps the environment. Solar panels turn sunlight into energy for consumption by your home. This reduces the need for fossil fuels and reduces carbon emissions.
With attractive loan options available, many solar customers are simply trading out a utility payment for a solar loan. For example, if your electric bill is $150 you may have a monthly loan payment of $100 which means you're paying yourself instead of the electric company! In some cases, solar customers are even cash-positive on day one!
Solar increases home value. While we don't suggest installing solar panels solely for this purpose, numerous studies have shown solar homes are valued higher. Plus, they sell even faster than traditional homes. In 2019, Zillow released a study showing that homes with solar panels sold for 4.1% MORE than similar homes without solar panels installed.
Solar panels require little to no maintenance. Well-designed and installed solar systems require no scheduled maintenance. Regular rain typically keeps the panels clean. However, during the heavy pollen season, it never hurts to give them a good rinse with a hose. Although most snow will slide off within a few hours of a snow storm it can be a good idea to gently clear accumulated snow off your panels after a major snowstorm.
Solar panels shield your roof from the elements and, in many cases, extend the life of your roof. However, if your roof has less than 7 years of life left, we encourage homeowners to repair or replace the roof prior to installing a solar system. Solar panels installed by SolarHQ are even engineered to withstand category 4 hurricane winds. That means that your panels will still be there as long as your roof remains intact during a major storm.
You can have a fuel station on your roof! If you own an electric vehicle, you can install solar panels and use clean energy to charge your vehicle. Not only are you avoiding paying for gas, but you are now saving even more money by using the sun! SolarHQ offers a variety of residential and commercial electric vehicle charging options.
There are many more reasons to go solar in 2025 but these should get you headed in the right direction! So, if you're wanting to save money, help the environment, or make a smart investment, we can easily help you with all of these goals.
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