Solar Panels: What You Need To Know

Summer temperatures—and inflation— are running hot this year. As energy costs continue to increase, you might be searching for ways to relieve the pressure on your wallet. Have you considered going green in your home? Beyond the benefit of lowering your energy bills, an eco-friendly lifestyle could increase the resale value of your property, offer tax incentives, and reduce your carbon footprint. Are you sold? Here is what you need to know about solar panels!

Switch to Solar

You’ve probably noticed that solar panels on residential homes have become more popular, particularly due to the long-term benefits coupled with renewable energy sources. According to experts, the average American spends $1,409.52 on electricity each year. That’s over $14,000 in just 10 years. But by installing solar panels, you may be able to save much of that money.

According to NBC 4 LA, “the U.S. solar market will nearly triple over the next five years, after President Joe Biden signed the largest climate bill in U.S. history into law.”

The initial cost of solar panels is jarring, but don’t get discouraged. There are numerous ways to lower installation costs, including tax credits. You might also consider solar attic fans to help keep your attic cool and ventilated, solar water heaters, or outdoor solar lighting for all your summer backyard bashes.