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Top 10 Advantages of Solar Energy

10 Advantages of Solar Energy

Current financial benefits, government tax credits, state incentives and solar leasing options make this the best time to invest in solar energy. Check out the top 10 advantages of solar energy listed below to get an idea of what your family stands to earn by investing in solar energy. (To get a better idea of how much you can save, get an instant Solar Savings Estimate.)

1. Save Money

A system that produces 70% of your electricity use will reduce your home's electric bill by 70%. And with rising energy costs, your savings will increase over time. There are a number of state and federal rebates and incentives including SRECs that you can take advantage of. Visit Solar Cost and ROI for more information.

2. Guard Against Volatile Electricity Costs

Homeowners can insulate themselves from changing electricity prices by creating their own clean energy. Historically, electricity rates have increased an average of 5.5% a year. Electricity rates also vary due to rising consumption in both the summer and winter months. Investing in a solar energy system stabilizes your monthly utility bill and thereby helps you guard against volatile electricity prices.

3. Take Advantage of Existing Rebates and Incentives

Depending on your state and current federal rebates, you can take advantage of as much as 50% off the cost of your solar system! For more information on current rebates and tax credits, check out the page Rebates and Tax Credits.

View of a home powered by solar energy.

4. Increased Home Value

Installing a solar system immediately increases your home value by as much as 20%. If you're considering other home improvements, make sure you consider the ROI of installing a solar PV system.

5. Long-Term Financial Savings

You may already know that many states, counties, cities and utilities have set up programs to encourage people to switch to solar power. These are in addition to the 30% income tax credit available from the federal government!

6. Solar Lease- No Initial Investment

Depending on what state you live in, if you can't or don't want to come up with the initial investment for your solar power system, some states allow you to lease panels instead. You won't benefit from government solar incentives since you won't own the system, but you can receive all the benefits of less expensive power.

Power Purchase Agreements (PPAs) are a variation to the current leasing options. You don't pay anything for the installation and maintenance of your system, but reap many of the benefits. Call Leo Sunergy today for details on how lease options and PPAs work and to find out if they are available in your state.

7. Reduce Electricity Bills for 25+ Years

Solar systems are guaranteed to operate for 25 years, but many of the solar systems that were installed in the 1950s are still operating today. By investing in a solar system now, you are essentially locking in a fraction of current and future electricity rates thereby reducing or eliminating your electricity bills for the next 50 years.

8. Easy to Maintain

For such a technical system, solar panels are amazingly maintenance-free ! Occasionally you may want to rinse off dirty panels or trim tree branches, but no other maintenance is required. Snow tends to easily melt off the dark surface of your solar panels, and since solar systems have very few moving parts- you don't have to worry about a lot of mechanical parts wearing down.

9. Enjoy Energy Independence

Currently the U.S. relies heavily on foreign sources for oil and gas. Installing solar panels is one way you can help promote energy independence.

10. Preserve the Environment

This almost goes without saying, but solar is clean energy that produces no emissions. Depending on the solar system you choose, installing solar PV panels is equivalent to planting over 3,900 trees, preventing over 650 lbs of carbon emission, or preventing over 350,000 miles of car emissions.

We provide solar power installation in Maryland (MD), (including Baltimore, Frederick, Gaithersburg, Rockville,) Washington DC, Virginia (VA), Pennsylvania (PA), New Jersey (NJ) and Delaware (DE).