Benefit 1: Solar panels are increasingly affordable
Residential solar is more affordable than ever, especially with the extension of the residential solar tax credit. Taxpayers can claim a 30% tax credit on the cost of solar systems on their income taxes. Consider installing before January 2033, when the tax credit will decrease to 26%.
Benefit 2: You can keep the lights on when the grid goes down
Generating your own solar power can give you the freedom to keep the lights on if there’s a disruption in power. Solar energy systems paired with battery storage provide power regardless of the weather or the time of day without having to rely on backup power from the grid.
Benefit 3: Solar will often increase the value of your home
Buying a solar energy system will likely increase your home’s value. A recent study found that solar photovoltaic panels are viewed as upgrades, just like a renovated kitchen or a finished basement, and home buyers across the country have been willing to pay a premium for a home with an average-sized solar array.