The Benefits of Residential Solar Power

Boston solar panel installation

Solar photovoltaic (PV) modules directly convert solar energy into electricity by using a photovoltaic cell. Lights powered by solar energy produce no pollution and cause no harmful environmental effects. Because of this, solar energy technology for commercial and residential solar panels is growing in popularity.

In order to lower operating costs and increase profits, the most iconic brands in the United States are deploying solar energy systems. In a dramatic increase of over 40% from the previous year, over 32,800 facilities nationwide took advantage of commercial solar energy by mid-2013. But the benefits of solar energy aren’t just for corporations. Residential solar power systems are becoming more available at a rapid pace.

Why add residential solar panels to your home? The benefits speak for themselves!

  • Solar power saves money! In 2011, the average 20-year savings of Americans who switched to solar power was projected to be just over $20,000. The savings increased when estimated in more populous states like New York, California, and Hawaii.
  • Residential solar systems boost independence! Once you have residential solar panels, you have an independent source of electricity. No one can buy or take the electric that your panels have generated.
  • Solar energy raises property values! Based on repeat sales data, studies have shown that an average installation of solar panels adds a $20,194 premium to the sale price of the home. This means the homeowner who installed the solar panels gets an approximate 97% return on investment. By comparison, the return on a full kitchen remodel averages about 60%.
  • And of course, solar power is good for the environment. The average projected global temperature increase given a conversion from coal to alternative energy sources is the lowest with the shift to solar power, followed closely by wind and nuclear power.

With all of these benefits, it is difficult to argue against the installation of residential solar energy. Saving money and saving the planet can finally work hand-in-hand toward a brighter future. Continue. See this link for more references.

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