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Reduce or Eliminate Energy Cost
Depending on their size, efficiency and orientation relative to the sun, some solar panels actually generate more electricity than your home consumes. This could reduce your monthly electric bill to zero. In some areas, you may actually qualify for a rebate if your residential solar power system produces excess electricity.
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Investment Short Return Period
The typical solar payback period in the U.S. is just above 8 years. If your cost of installing solar is $20,000 and your system is going to save you $2,500 a year on foregone energy bills, your solar panel payback will be 8 years. Solar Panels usually have 25 years of Warranty.
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Low Maintenance Cost
Since there are no moving parts to break down, Solar energy systems generally don’t require a lot of maintenance. You only need to keep them relatively clean, so cleaning them a couple of times per year will do the job.
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Help the Envrionment
Solar power is a 100% clean, renewable energy source. It reduces reliance on oil, coal and natural gas for electricity production. These fossil fuels produce harmful emissions that affect the quality of air, water and soil, and are responsible for global warming.
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Improve Property Value
In 2015, the Department of Energy said the average homeowner adding a solar energy system could net $15,000 more at the time of sale than a comparable home without solar power.