More and more Americans have been turning to solar energy in order to power their homes and businesses. In 2016, solar power installations doubled in just that one year. But what’s the reason for this new trend? Turns out, installing solar panels can bring multiple benefits, from saving money to saving the environment.
It’ll save you money
While installing solar panels can cost more money upfront, it will actually save you money in the long run. Solar panels can save the average New Yorker $73.41 each month and $23,670 over 25 years. That’s a lot of money that can be saved for other parts of your life.
You can earn tax credits and rebates
To encourage clean energy practices, our local and federal governments are offering tax credits and rebates to individuals who install solar panels for their home or business. The Solar Investment Tax Credit, for instance, is a 26% federal tax credit for solar systems on residential and commercial properties. This means that you will receive 26% of the total cost of installing your solar panels back into your pocket.
Solar panels help the environment
We only have one planet, so we need to take good care of it. The first step in doing so is to reduce our reliance on fossil fuels by turning to clean energy solutions such as solar energy. This will decrease our greenhouse gas emissions, which in turn will slow down and limit the effects of global warming.
Have we convinced you of the benefits of installing solar panels for your home or business? Then give us at Empire Clean Energy Supply a call today!