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When it comes to energy consumption, it pays to be frugal (Six Dollar Family). Cutting your energy budget (Six Dollar Family) not only benefits you but it can also benefit the environment when you’re saving because of switching to solar energy. Investing in solar energy is also an excellent way to help boost the local economy of Texas.
Solar electricity companies in Texas are pretty abundant these days because they allow users to offset their energy costs and lower their carbon footprint. When you install solar panels on your home you can reap the following benefits:
Lower Energy Costs
If you live in Texas, where there is an abundant supply of sunlight, solar panels can collect enough energy to supply a house that has two adults and three kids; effectively zeroing out the home’s energy consumption. More solar energy is collected on sunny, summer days and in a place that has so much sunshine, house’s can gather enough to trade with the utility. If you live somewhere cloudy, the energy consumption can be way lower than without the solar panels.
Benefit from Tax Credits and Rebates
Solar panels can earn you money. Installing them can help you get tax credits and rebates. At the outset, you can earn 30 percent of the system costs you spent on equipment and installation as a tax credit when you file your federal income tax. For example, if you have a $25,000 solar system, you can save up to $7,500 on taxes. Add it to local rebates and Solar Renewable Energy Credits (SRECs), and you will see your energy costs reduced by 50 percent.
Improve the Value of Your Home
Most homeowners nowadays consider green homes a worthy investment. Should you decide to sell your home in the future, you can be sure to earn a good return on your money because you chose to adopt solar panels and achieve an eco-friendly house. Many homeowners are willing to pay more because they understand the initial investment required to install solar panels. Every installed kilowatt can give you close to a $6,000 increase in resale value.
Help Save the Environment
Are you thinking of ways to help save the environment? As they say, your efforts should start at home. Having solar panels installed is an excellent first step in combating the ill effects of greenhouse gas emissions. It also lessens dependence on fossil fuels that emit harmful gases that contribute to global climate change.
The use of solar panels, a renewable energy source, improves public health. Once you do your share of utilizing renewable energy sources for your daily consumption, you help provide a better world for future generations. Solar power also decreases water pollution, which can help prevent drought, especially in dry areas like Texas.
Texas is also particularly ideal to have solar panels because they are most efficient during drought or the presence of heatwaves and Texas is no stranger to either condition.
Job Creation
The U.S. remains the top producer of solar energy. If you become one of those who use solar panels, you help create more jobs for the industry and it can help improve the local economy. A strong economy can give you more benefits, as well.
As more and more people utilize solar panels, the costs will eventually go down. It would be more cost-efficient to install solar panels than rely on fossil fuel for energy consumption. If you are planning to build a green home, you must think about the placement of your solar panels and the building orientation where you can harvest the sun’s power more efficiently. By installing solar panels, you make a significant contribution to the world.