There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware that solar is a great home efficiency upgrade and are eager to reduce their carbon footprint while also improving property value.<\/p>\n
Whether your motivations for going solar are economic, environmental, or personal, this sizable list of solar power beenfits will have something for everyone. Here are the top ten reasons why solar energy is good.<\/p>\n
#1 Drastically reduce or even eliminate your electric bills<\/strong><\/p>\n Whether you\u2019re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you\u2019ll generate free power for your system\u2019s entire 25+ year lifecycle. Even if you don\u2019t produce 100 percent of the energy you consume, solar will reduce your utility bills and you\u2019ll still save a lot of money.<\/p>\n #2 Earn a great return on your investment<\/strong><\/p>\n Solar panels aren\u2019t an expense \u2013 they\u2019re one of the best ways to invest, with returns rivaling those of more traditional investments like stocks and bonds. Thanks to substantial electricity bill savings, the average American homeowner pays off their solar panel system in seven to eight years and sees an ROI of 20 percent or more.<\/p>\n #3 Protect against rising energy costs<\/strong><\/p>\n One of the most clear cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you\u2019re a business or homeowner with fluctuating cash flow, going solar also helps you better forecast and manage your expenses.<\/p>\n #4 Increase your property value<\/strong><\/p>\n Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as homebuyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.<\/p>\n #5 Demonstrate your commitment to sustainability<\/strong><\/p>\n Sustainability and corporate social responsibility are important components of an organization\u2019s culture and values. They also produce bottom line results. Increasingly, consumers and communities are recognizing and rewarding businesses that choose to operate responsibly. Businesses are finding that \u201cgreen\u201d credentials are a powerful driver of consumer purchasing decisions, creating goodwill and improving business results.<\/p>\n #6 Increase employee morale<\/strong><\/p>\n Just like consumers, employees have a demonstrated appreciation for their employers\u2019 commitment to operating responsibility. Employees share in the success and contributions of their organizations. Companies that care about their community and environment tend to have lower turnover rates, more engaged employees, and higher levels of morale.<\/p>\n #7 Stay competitive<\/strong><\/p>\n Companies quickly are realizing the social and economic benefits of adopting solar power. As early adopters pull ahead of the competition, many companies are exploring solar power as a way to keep up.<\/p>\n","protected":false},"excerpt":{"rendered":" There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware that solar is a great home efficiency upgrade and are eager to reduce their carbon footprint…<\/p>\n","protected":false},"author":1,"featured_media":305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[6],"post_series":[],"_links":{"self":[{"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/posts\/304"}],"collection":[{"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/comments?post=304"}],"version-history":[{"count":0,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/posts\/304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/media\/305"}],"wp:attachment":[{"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/media?parent=304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/categories?post=304"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/tags?post=304"},{"taxonomy":"post_series","embeddable":true,"href":"http:\/\/akevergreen.com\/V2\/wp-json\/wp\/v2\/post_series?post=304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}