Electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.
Solar panels aren’t an expense – they’re one of the best ways to invest, with returns. With substantial electricity bill savings, one can easily pay off for the solar setup in 7-8 years.
With solar power, we can actually make use of the land and subsequently generate great value; solar energy provides a source of power for everyone. In this way, we don’t need to use high priced land that might be better suited for other applications.
One of the clearest benefits of solar panels is the ability to hedge utility prices. In the past years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs.
The sun produces tons of energy which it emits without any sign of depletion. It is immensely abundant in supply and promises infinite supply for daily needs without much cost.
Solar is a great way to reduce your carbon footprint. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.