Solar power has grown massively in popularity in recent years, but it still has a long way to go before the majority of people are familiar with it.
Many are unclear on the many benefits of going solar and because of that are not sure what to make of it.
What are some of the advantages of solar power?
Avoid rising utility rates. One of the biggest benefits of going solar is that you can avoid rising utility rates. With solar, you buy a system that produces a certain amount of your power for the next 25 or 30 years.
That portion of your electric bill is eliminated, and you don’t have to worry about the utility company raising their rates every year anymore.
Tax benefits. Solar makes it possible for you to send less money to Uncle Sam in taxes. The biggest tax benefit of going solar is the 26% federal tax credit.
This allows you to take 26% of the cost of your solar system and claim it as a tax credit. In addition to the tax credit, businesses can also claim depreciation on the cost of their solar system.
Helping the environment. Solar is a clean and renewable energy source. Harvesting the sun’s rays to produce power doesn’t create any pollution or hurt the environment like some other sources of energy.
Independence. Getting a solar system installed is like creating your very own power plant. You make energy right on your own property instead of relying completely on the utility company to do it for you. While you can’t disconnect completely from the grid, you have the ability to generate your own power every time the sun comes up.