Solar power, like other renewable energy sources, such as hydro, geothermal, and wind, is much better for the environment than traditional energy sources, which produce emissions. However, many people still heavily rely on traditional energy sources for various reasons. For example, solar power can often be quite costly and will require an initial investment. Additionally, many people aren’t very knowledgeable about the subject and may think that solar power isn’t very practical. The following information will provide a closer look at several different reasons why solar power is more practical than ever:
The price of purchasing and installing a solar panel system in your home is steadily declining. This means it is becoming a more affordable and realistic option for many people. For example, the price of solar photovoltaic modules has dropped roughly 99% over the last forty years.
Less Noticeable Designs
A lot of people are hesitant about installing solar panels because they can be rather unsightly and can detract from the overall exterior of your home. However, there are new designs that are coming out that help to conceal the panels. There are even new products that look like normal shingles on your roof. Overall, these advancements make solar energy a more attractive option for anyone who still wants to maintain the appearance of their homes exterior.
Solar Tax Credit
The federal solar tax credit is another reason why solar energy is becoming more practical than ever. This credit allows you to deduct 30% of the cost of solar panels and installation from federal taxes. However, every year that you wait, the percentage will drop a bit. So, if it is something you are interested in, it is important to act quickly. Luckily, this credit can be utilized by homeowners or businesses. So, whether you want to help your company to go green, or if you want to make your home more environmentally friendly, the solar tax credit can definitely be beneficial.
Overall, there are many reasons why solar energy is becoming a more realistic possibility for homeowners across the country. Investing in solar energy can help you to reduce your overall carbon footprint and take steps towards protecting the environment. The aforementioned benefits are something you should consider when looking into solar energy. However, there are many other benefits, and eventually the panels will pay for themselves because you will be able to reduce your energy costs each month.