Everything You Need To Know About Solar Power Benefits

Solar energy carries many benefits including driving the clean energy agenda to combat greenhouse gas emissions. It also helps the world to reduce dependency on fossil fuel.

Other than that, solar panels from any solar energy company in New Jersey is not a new thing. People have been installing solar in their homes since the invention of the energy source.

Here Are Top Four Benefits Of Installing A Solar Panels On Top Of Your Roof.

1. Offsetting Rising Energy Bills: Solar energy in New Jersey helps to reduce or eliminate energy bills. For instance, you can trade remaining with utility during the times when you generate more energy than you consume. In many cases you might find that homes and businesses with high power needs are unable to meet those needs using solar alone. But also, you might find that sometimes they generate more than needed.

Although sunny days generate more power, cloudy days have indirect or diffused sunlight that can also help you power your home.

2. Earn Tax Credits And Rebates: Once you install solar power systems from a solar energy company in New Jersey, you later receive some percentage of system costs back from equipment and installation. This is earned as federal income tax credit when you file your taxes. For instance, if the total system costs gotten are 30 percent of the total, then you get around $7,500 on a solar system worth $25,000.

If you also add Solar Renewable Energy Credits (SRECs) and state and local rebates, you save more money on costs. You can also sell the SRECs to utility companies. This helps you to generate returns on initial investment.

Many states already run programs to encourage growth of solar and this have regulation that establishes use of SRECs. They assist low-income homeowners who are installing solar systems on their homes.

In addition to the SRECs benefits, solar power has pay back of about 3.5 years. You also get 10 years warranty. This means you generate free electricity and extra credits for over 20 years. This makes it hard for all other energy generation methods to beat solar in terms of long term cost savings.

In addition, you might get a free installation once you buy the system.

3. Start Saving Electricity From Day One: Solar power improves value of your home. The system is already in place and so the buyer understands that he doesn't have to buy any panel. If they understand the benefits of solar, it means they will look forward to buying the home expecting to reap the benefits therein.

In fact, home re-sellers record a $5,911 resale value increase per installed kilowatt. In other words, you could get an additional value of about $18,000 on a home resale when you install a 3.1 kilowatt system.

You also save on roof repairs in the future in case you are staying for longer in that home. This is because the solar panel helps protect the roof from rain, snow and debris among other elements.

4. Help The Environment And Help Everyone Else: As stated, residential solar panels bought from a solar power company in New Jersey will help to reduce dependency on polluting fossil fuels.

Suntuity designs, builds and operates renewable energy solutions for residential, commercial and utility-scale markets around the world.