If you’ve been considering solar panels for your home, you may have questions about whether they are worth the investment. At the outset, solar panels do require an investment along with the installation to get them running. The thing is, even with the upfront cost, great solar savings can be had when you choose to add these panels to your home.
Solar savings come in many forms for homeowners ready to invest in alternative sources of energy. To start, many solar companies offer rebates and incentives in the thousands of dollars when you invest in solar panels. For example, a solar company may offer you several thousand dollars in rebates for a specified number of years that you can use as cash back to pay down your loan or make other purchases for your home.
Another way solar savings can be applied is through federal and state government incentives. Many government entities offer tax write-offs and other monetary incentives for choosing energy-efficient solutions for your home. This could equal thousands of dollars back from your investment on your taxes each year!
Thirdly, the investment in solar panels for your home will show you solar savings on a monthly and yearly basis. As your solar panels begin working, you’ll notice a difference in the cost of your utility bills, which not only saves you money each month but can add up to hundreds of dollars in savings over the course of the year. This can be especially beneficial in the hottest and coldest months of the year when your HVAC system would normally be working overtime to heat and cool your home.
At Just In Time Roofing & Restoration, we can answer your questions about solar savings and help you determine if this is a good investment for your home. Contact us today to learn more!