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3 Reasons Why Now is the Time to Invest in Solar Panels

Dec 9, 2019

Over recent years, solar power has been growing in popularity as a renewable energy source, and the numbers don’t lie. Through the use of their own AI system called Deep Solar, researchers at Stanford have found that over 1.47 million solar panels are in use across the United States — a number that’s higher than any other previous estimate. This is an indication of just how well the sun can offer one of the most abundant sources of energy. However, if you’re still having second thoughts, read on to find out why now is the best time for you to buy solar and invest in renewable energy for your home.

The cost of solar is falling

If you’ve ever wanted to buy solar panels but thought “That’s too expensive for me”, now is the best time to buy as the cost continues to fall. In fact, an article by Marcus points out that solar power is now more affordable than ever, thanks in part due to cheaper production costs. As this continues, solar power will become more and more efficient in the long run, and will also cost less as it grows in popularity. Additionally, low maintenance costs and long-term warranties offered by suppliers are attractive features that can save you more money.

It’s better for your bills

If you wait longer to go solar, you’ll be stuck with your regular utility bills. This could become an expensive proposition as the U.S Energy Information Administration reports that electricity prices have risen by almost 9% on average in the last 10 years. If your home spends about $1,200 a year on electricity, buying a solar-powered system will allow you to save just that every year, especially when prices rise to $1,300, $1,400, and so on. Not to mention, our article on ‘3 Advantages to Solar Powering Your Home’ explains that you can expect a solar-powered system to operate for more than 25 years. In the end, it’s a win-win situation — not only can solar save the planet, but our bills too.

Address climate and energy concerns

The New York Times reports that 97% of scientists believe that climate change has been warming in the past century, and that human activities such as the burning of coal, oil, and other fossil fuels are the primary cause. Many of these scientists also believe that the best way to mitigate the potentially catastrophic consequence of this is to speed up transition to renewable energy. With solar, you’ll have a clean energy source that doesn’t hurt the environment, and you’ll reduce your carbon footprint on the planet.

As the cost of solar-powered energy lowers, and climate warms, now is the time to invest in solar energy. There is a lot more information available on solar power and whether or not it’s a viable option for you and your home. If you want more understanding on it, talk to a RESNET certified Home Energy professional, who can give you good advice the best options out there and help you make better, more-informed decisions.



Penned by Louise Fisher
Solely for hersindex.com