It’s expected that a whopping 4 million homes will be powered by solar energy by the year 2023. While COVID may have slowed those estimates to a degree, it’s undisputed that solar energy is picking up steam via virtue or, in some cases, the government compelling its adoption.

If you’re a person that’s been on the fence about solar energy for years and are starting to wonder if now is the time to take the plunge, you’re in the right place. In this post, our team breaks down today’s top reasons to adopt solar energy.

The points we make below are simple and succinct, so, we’re hopeful that by the time you’re done reading them, you’ll be ready to make the call and start powering your home with green energy!

1. Solar Is Getting Cheaper

When solar panels first started making waves over a decade ago, getting them installed on your home was expensive. A lot of that cost was tied to a lack of demand making it expensive to import/manufacture panels. Solar installers were also in short supply which allowed existing ones to charge more.

Today, particularly in larger cities, the solar price picture looks different.

Panels are readily available and installers are a dime a dozen. All of that means lower up-front costs for you!

2. Cut Your Electricity Bill

One of the chief reasons why people adopt solar is to slash their electricity bills. And slash your bills you will, particularly if you live in a sunny community.

Desert towns and ones that experience temperate weather year-round (Phoenix, Los Angles, etc.) will find tons of savings in solar given the level of sun exposure their roofs experience over the year.

Unfortunately, towns with more clouds and rain (Portland, Seattle) will have a harder time finding a return on their investment. Still, over time, panels in even overcast cities can produce returns!

3. Cash in on Incentives

While incentives for solar panels have diminished over the years, there are still plenty that exists. Most incentives are offered on the local level. For example, states and cities may offer rebates to those that adopt solar.

Sometimes even electric companies will offset the cost of solar for homes so they can buy back solar energy from houses to help them better support the rest of their non-solar service members.

You can get the facts on solar rebates and incentives by exploring more details on those topics online.

4. Up Your Home’s Resale Value

There are many buyers out there that want to buy into solar energy when they purchase a home. By accommodating them, you may find yourself in a position to charge a premium for your house.

You’re not likely to be able to charge so much that you’ll completely pay off your panels but there’s a likelihood you can offset your upfront panel costs in a big way upon selling. That combined with the energy savings you’ll have enjoyed will more than pay off your principal panel investment.

5. Stay in Compliance

While not the case in most areas, some, particularly in left-leaning states, are mandating the adoption of solar in some contexts. New buildings, for example, in California, are required to install solar panels.

That may not affect you as someone that’s constructing a single-family home right now but it may very well affect you shortly thereafter as politicians become more brazen in their climate stewardship.

All of that to say that you can get ahead of the political curve by buying into solar now. That might save you money because blanket solar mandates may increase demand later and raise prices.

6. Help the Planet

Solar brings a lot of benefits to you in the way of cost savings. But what about the planet? Certainly, some people adopt solar to reduce their carbon footprint.

If you’re among those that are interested in solar so you can care for the environment, you’ll be doing that by taking the leap. Just think about the amount of electricity you consume and how much goes into producing that energy.

If you could cut the volume of electricity you’re buying from your provider by just 50%, you could save countless pounds of CO2 emissions over the course of the time you’re in your home.

7. Inspire Your Community

A community without solar adoption requires just one or two homes to switch to solar energy before several households follow suit. By buying into renewable energy first, you’ll pave the way for potentially hundreds of others to learn about and enjoy the financial benefits of solar and the positive impact that solar panels have on the world around us.

That’s a powerful reason to pursue solar panel installation and a communal benefit that you have it in your power today to put into motion.

Solar Energy Is Just a Phone Call Away From Powering Your Home

As we alluded to earlier, solar energy is plentiful! Panels are ready and installers are standing by to help houses get on the bandwagon. That makes it so a quick phone call to a local provider could immediately put into motion little to no money owed on electric bills and huge carbon emission reductions.

If any of that sounds good to you, we implore you to explore the adoption of solar today. We’re confident you’ll be glad you did.

Curious to learn more about solar energy? Want to check out additional topics related to real estate?

If so, dive into more of the write-ups we have available on our blog.