Is Solar Power a Good Investment for North Carolina Homeowners?

To answer this question, we need to dig deep into the benefits of solar power. This includes how it will affect you as a homeowner, how it will affect you as someone concerned about the environment, and how it will affect your finances.

We’re here to shed a little light on the subject. Keep reading for everything you need to know about why solar power is a good investment in North Carolina.

Solar Energy is Better for the Planet

First, if you know much about renewable energy, you know solar power is better for the environment. Currently, our main source of energy is created through the burning of fossil fuels. The major fossil fuels we burn for energy include oil, gas, and coal.

However, these fossil fuels are depleting rapidly. Even more disconcerting, as we continue to burn these fuel sources, we’re damaging our planet via climate change. You can see the effects of climate change in rising temperatures, shorter growing seasons, more droughts, and collapsing ecosystems.

A Solar Energy System Can Help You Save Money

If you decide to go green, you can keep more green in your pocket. Solar power is a renewable energy source powered by the sun. In other words, as long as the sun comes up every morning, your home will have power.

This will save you hundreds, if not thousands of dollars on your energy bill each year. How much you save depends on the size and ability of your solar system. If this sounds good to you, click here to find a solar company in North Carolina that can help you make it happen.

Solar Power Will Increase the Value of Your Home

Because solar power can reduce (if not eliminate) a home’s energy bills, it creates a more energy-efficient household. Homeowners appreciate saving money on monthly expenses, and thus, will be drawn to homes outfitted with solar panels.

If you ever decide to sell your home, you’ll be able to ask for a higher price. Alternatively, you can use the positive equity to refinance for better rates or to finance other projects.

The Government Offers Attractive Tax Benefits for Solar Installations

Finally, we understand that installing a solar power system isn’t free. Your costs will depend on the size of the solar system you install.

Regardless of how much you spend, however, you can gain peace of mind knowing Uncle Sam has your back. On your next tax return, you can claim your solar installation expenses to get up to 26% of your costs back. For reference, you could recouple $2,5000 on a $10,000 solar installation, which is no small reward.

Ready to Invest in Sustainable Energy?

As you can see, there are a lot of reasons why investing in solar power is worth the initial costs. Between increased home values, energy savings, and tax incentives, you’ll recoup your costs in no time. Then, you’ll start saving money as you help heal the planet.

For more advice on home improvements, renewable energy, or anything else related to lifestyle, stick around. Take some time to browse through some of our other articles to find more valuable information.