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Are Solar Powered Homes Worth It?

are solar powered homes worth it

If you’re thinking about installing solar energy systems in your home, you may be wondering, “Are solar powered homes worth it?” This article will explore the benefits and costs of solar panels and the potential tax credits you may qualify for. The costs of installing solar panels are high, but the benefits far outweigh the downsides. You’ll also find out how maintenance and tax credits affect the overall cost of installing a solar system.


While installing solar panels on your home is one of the most expensive aspects of going solar, it can save you up to $5,000 in the long run. You can save money by shopping around and getting a detailed price quote from several solar companies. Also, take a look at online reviews for each company you’re considering. Typically, the largest solar installers quote exorbitant prices based on their brand name. Compare their bids to those of smaller local solar companies to find out how much they charge for installing solar panels on your roof.


Solar powered homes are an excellent way to save money and protect the environment. Since the beginning of life on Earth, the sun has been the ultimate source of energy. Unfortunately, not everyone has access to the sun, and most homes in the United States are powered by coal-fired power plants. By switching to solar energy, you can encourage a more sustainable lifestyle and reduce your carbon footprint. Moreover, solar power helps you reduce your home energy bill, which can increase the value of your home and help you obtain better deals on selling it.


If you want your solar powered home to continue working smoothly, you need to know how to maintain it. Generally speaking, a high-quality solar system should last for years. However, to keep your solar panel operating safely and efficiently, you should perform routine maintenance. Signs that your solar system needs a tune-up include an unexpected increase in your energy bill, an orange or red light on the inverter, and dirt and obscuration on the panels. A poorly maintained solar panel will cost you much more than a few dollars on your energy bill.

Tax credits

The federal government offers tax credits for the installation of solar powered homes. These credits were initially 30% of the cost of a solar powered home. Since that time, the ITC has decreased to 22%. However, this credit may still be significant for those who are building larger buildings. However, it’s important to note that the credits are only available to the taxpayer if he or she owns the solar system. If the homeowner leases it, the credit is not available.

Net metering

When you use solar power, you can qualify for net metering. These credits can be used to reduce your electric bill, and your utility company will not cut you a check for your excess electricity. Instead, your utility company will deduct those credits from your monthly power bill, rolling them over to the following month. While some utilities will roll over these credits indefinitely, others have a fixed expiration date. Net metering can effectively cut your electric bill costs to zero, and solar energy can allow you to accumulate credits over the course of the year.


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