Offering Unlimited Potential
Inflation has reached record levels and while there are signs it may be easing, prices on just about everything remain high. Congress has worked to pass legislation limiting some of the excesses committed by the previous administration. One of the areas targeted is energy. President Trump has approved new rules revising the Obama-era Energy Star 3.0 standard, aiming to reduce energy consumption and lower costs for consumers. While the new rules do not eliminate all Energy Star 3.0 benefits, the changes represent a step in the right direction. In the coming weeks and months, let’s take a closer look at how solar energy can save you money on your new home – both in terms of reducing energy costs and maintaining a clean conscience.
Unexpected Savings
If you’re reading this, I assume you’re either considering a home solar power system or have recently purchased one. If so, congratulations! You’re among the millions who have decided to go green with a renewable energy system. Like many others, you’ll be looking to reduce your carbon footprint and be more eco-friendly. While there are many benefits to going green, savings is often not on the top of the list. There are several reasons why rooftop solar power systems are so costly; some are obvious and some are not. It’s important to understand the root causes of high installation costs so you can be aware of how much money you’re spending and how much money you’re saving.
Energy Costs
Rooftop solar power systems can be quite costly to install and maintain, which is why so many people choose to go the DIY route – unless, of course, they want to avoid spending a fortune. It’s not just the material costs that make up the majority of the expenses associated with rooftop solar. There are so many different aspects to consider when choosing a contractor for a home solar power system, not the least of which is how experienced they are in providing quality service for this type of project. It’s also worth clarifying here that while solar power is growing in popularity, it’s definitely not mainstream just yet. The stigma still surrounds it and a lot of people still don’t believe it can be properly installed and maintained by homeowners themselves. This couldn’t be further from the truth. With a little bit of research and planning, you can ensure your home solar power system will be done right and you’ll end up saving money in the long run.
Tax Benefits
Certain states and local governments offer homeowners significant tax benefits for installing solar energy systems. The savings to the homeowner are usually in the thousands – if not tens of thousands – of dollars, which makes up for the initial investment in solar equipment. As you may imagine, solar energy systems can provide a lot of tax breaks for homeowners in states and localities where they’re allowed. In some cases, homeowners can deduct the entire cost of the system from their taxes. This is often the case with solar lease agreements and certain homeowner’s insurance policies. The possibilities are endless and it’s worth investigating what tax benefits your state and local government offer to help reduce your energy costs.
Sustainable Energy
If you’re passionate about sustainability in one form or another, you might consider rooftop solar energy systems as a way of reducing your carbon footprint and being more eco-friendly. The fact of the matter is the production of energy through solar power is often more sustainable than traditional methods. This is largely due to the fact that it doesn’t create as much waste. The equipment used to capture energy from the sun are also more environmentally sound than those used for nuclear fission or fossil fuel generation. While there are drawbacks to rooftop solar power, such as the fact it’s not always reliable, the advantages far outweigh the disadvantages and make it a viable alternative to traditional methods of energy production.
Technology
In addition to materials and consumables, a large component of the cost of installing solar power systems comes from the technology used. Even standard home appliance repair can become costly when you factor in all the replacement parts and labor needed. This is why it’s often more convenient, as well as less expensive, to hire contractors. Hiring professionals allows you to focus on what’s important to you – your family, your friends, and your hobby. For those looking for a simpler more enjoyable lifestyle, rooftop solar power systems might just be the answer. The key is to do your research and choose a company you can trust. Many reputable companies provide quality service for home solar power systems and will work with you to choose the right system for your needs and budget. If you’re looking to reduce energy costs, you might also want to consider other, more traditional, methods of saving.
As you can see, there are quite a few reasons why solar energy can save you money on your new home. It’s not quite as exciting as simply reducing your energy bill, but it’s still a step in the right direction. If you’re looking to save money without compromising on quality, you might consider going green with solar energy. It’s not quite as glamorous as some other options, but it can provide great benefits to your wallet and the environment. If you’ve been thinking about going green, why not give it a try? You might be pleasantly surprised at how much money you can save.