Duke Energy is one of the largest energy providers in the world. As the world’s largest power company, they generate and distribute electricity to customers in the U.S. and internationally. What is an energy provider? Think of all the businesses that you know of that provide energy for homes and offices, such as: electricity companies (like Duke Energy), gas companies, and oil companies. All of these companies provide energy for homes and businesses.
Recently, Duke Energy has been known to provide special financing for homes that have solar panels installed. In 2016 and 2017, they offered home solar power systems at deeply discounted rates, as much as $0.02 per kWh (for installation). The company’s vision is to make solar power as affordable as regular electricity generation through traditional power plants, which account for about 73% of their power supply.
If you’re interested in exploring the home solar power option and need some guidance on how to finance it, keep reading!
Install Solar Panels
There are many benefits to having solar panels on the roof of your home or business. Aside from generating its own electricity, which can be stored or used directly, the sun’s rays help keep your home or business cool in the summer time and warm in the winter time. This makes solar power more affordable as you don’t have to run an air-conditioner all day long. You can also use the electricity generated by your solar panels to power appliances such as:
- Fridge
- Freezer
- Water heater
- Air conditioner
- Computer
- Trolly
- Lamp
- LED lamp
- Bicycle generator
- …
A large number of homes and businesses in North Carolina have solar panels installed, and many others are planning to install them. If you’re in the market for solar panels, visit https://solarcompany.com/installation for reliable North Carolina solar companies that can help you select the right system for your needs.
Saving Money
When you start saving money, even just a little bit, you will not believe how much it will add up to. Your electricity bill will significantly decrease, and you will start enjoying the benefits of clean energy. The installation of solar panels will be well worth it if you plan on using any of the devices listed above.
This is especially true if you feed off-peak hours (such as at night) into the system. This will help you save a great deal of money, as your solar panels will be able to generate at their maximum capacity during these times. Maximum capacity is defined as the amount of electricity that your solar panels can generate while operating at their optimal efficiency level (meaning they are not shaded by the sun or otherwise blocked).
Protecting Our Environment
Did you know that solar energy is 100% recyclable and sustainable? When solar panels are installed on a home or business, they usually don’t just generate electricity, but they also help protect the environment by reducing energy consumption. This is because they can cut down on the amount of energy that other homes and businesses are using. Homes and businesses can be their own energy source and be less reliant on electricity companies for energy.
There are many benefits to having solar panels on the roof of your home or business, and it is definitely worth it if you want to start saving money and protecting the environment. If you’re interested in exploring this option, contact your local solar company. They can help guide you through the process of getting a solar power system installed at your home or business.