If you’re considering investing in solar energy, it’s a great idea. However, the initial installation cost is high, so you may start to wonder how a solar-powered home will save you money. Here are a few reasons why this investment is worth it.
- Reduction of electricity bill. After the initial installation cost, your solar panels will produce energy for free. They collect energy from the sun and convert it to solar power at no cost. You can use the power generated for heating, lighting, or powering various gadgets at home. This way, you reduce overdependence on coal, nuclear power, or natural gas, which is a more expensive energy source.
- Incentives and solar tax credit. Fortunately, you can maximize savings and reduce costs through tax incentives. You can also enjoy the federal solar Investment Tax Credit (ITC), which is a tax reduction currently equal to 30% of the installation cost of your solar system. Our professionals at Just In Time Roofing & Restoration are available for consultation if you’d like to learn more about the different ways a solar-powered home saves you money.
- Minimal maintenance. Solar panels typically only need an annual inspection and cleaning. This means you won’t spend a lot to hire technicians to check your solar panel system on a regular basis.
- Add value to your home. A solar-powered home is quite attractive to potential buyers. In case you plan to sell it, you’ll get a great return on your investment.
Contact us today if you’d like to install solar panels at your Oak Ridge, Greensboro, or Burlington, North Carolina home. We can connect you with a local solar company that will get the job done well.