1. Going Solar Can Dramatically Reduce (Or Even Eliminate) Your Utility Bill
One of the main reasons people convert their power source to solar
energy is to cut down their electric bill. Going solar can eliminate
your utility bill completely or reduce it so dramatically that
electricity costs are no longer a significant factor in your budget.
While electricity prices continue to rise, solar remains at an all
time low. In addition, there are programs in place where your electric
company will actually pay you for excess energy that your solar panels
produce! Scientists have projected that the ️sun produces enough
energy in one-tenth of a second to provide for the entire planet’s
power consumption needs for 600 years – We pay our utility company
every month, but the sun never sends out a bill.
2. Solar Panel Systems Increase Property Value
Multiple studies have shown that homes with solar panel systems are
valued and sold at prices above similar homes in their area. According
to the National Renewable Energy Laboratory, each additional $1 in
energy bill savings from your solar power system adds $20 to your
home’s total value. A medium-sized home with solar panels averages 5kW
of additional energy created, which can increase the value of the home
by almost $30,000! In addition, installing solar panels atop your home
can add significant value, allowing for a higher resale value, and
homes with solar panels typically sell 20 percent faster than
properties without them. Solar panels are one of the few products that
actually make you money when you buy them. In fact, the ROI of a solar
panel system exceeds many other investment options – beating stocks,
bonds, and CDs!
3. Solar Helps to Save the Environment.
A rooftop solar panel system can reduce pollution by 100 tons of CO2
carbon dioxide – including the energy it took to manufacture the solar
panels. Solar panels improve future air quality for humans as well as
the millions of animals that are negatively affected by pollution each
year. Over the lifetime of a solar system, solar power can save up to
191,416 lbs. of dirty coal from being used, which is the equivalent of
removing 38 cars from the road and planting 4,569 new trees per year –
and the carbon footprint per unit of energy production of solar panels
is 95% lower than that of fossil fuel power plants.
Solar saves water too! To provide electricity for an average home, a
nuclear power plant requires 615 gallons of cooling water a day. Well
consider this, NO water is needed to convert sunlight into energy.
ZERO! NOTHING! Water and power depend on each other and it is
important that we do all we can to protect it. Solar is a
non-polluting renewable source of energy that benefits our
environment, and helps to save our planet for future generations.
4. Installing Solar Creates Jobs for fellow Americans.
Did you know that the solar industry employs more Americans than coal,
oil and gas energy generation combined!? – According to a recent
report from the US Department of Energy, the solar industry currently
employs more than 250,000 Americans and is creating jobs SIX TIMES
FASTER than the overall job market?! Solar is growing nine times
faster than the US economy and nearly 10 percent of all solar jobs in
the county are held by veterans (a much higher proportion than in the
overall economy). The clean energy economy offers more opportunities
and better pay for low-and middle-skilled workers than the national
economy as a whole. In addition, many solar installers are small
locally owned businesses, and supporting them brings more money into
These are only a few of the many benefits of going solar. Contact us
here at Sopris Solar to learn more about how you can save money, build
equity, and create energy independence today!