09 Jun Saying “I Do” to Solar Energy
Marriage comes with many long-term commitments; from purchasing your first home together, or planning for the future, switching to solar is an additional big commitment for new couples that provides many benefits and returns on investment.
Increase Property Value
Buying a house can help you build equity sooner and avoid rising rent prices. One of the many benefits of installing a solar panel system is increasing your home value. On average, solar panels increase the value of a home by 4.1%. These statistics are according to Zillow’s analysis of homes across the country. And according to a study from the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, homes with solar sell for $17,000 more than non-solar homes. Therefore, deciding to commit to solar is a wise investment a married couple can make.
Energy Independence = Lots of Savings
With energy and utility costs rising each year with an average increase of 4.4%, many homeowners are switching to solar to solve this issue.
When you switch to solar, you enter a fixed-rate solar bill significantly lower than your current electricity bill; most homeowners see up to a 50% decrease in their utility bill when they switch to solar. And the best part is that once paid off; your system pays you back!
The sun offers free and clean energy in abundance, and the excess energy your panel system generates is paid back to you from the grid, and you have eradicated your electric bill!
Solar Tax Incentives
A tax credit reduces the amount of income tax you would owe; the federal residential solar energy credit is available to claim on federal income taxes as a percentage of the cost of the system. Congress passed an extension of the ITC, which provides a 26% tax credit for systems installed in 2020-2022. The tax credit will lower to 22% in 2023, and the tax credit will potentially expire in 2024 unless Congress decides to renew it once again. In addition, some states are offering additional tax credits for solar panel system installations. Research what other tax credits you qualify for in your form once you switch to solar.
Contribute to a cleaner environment and benefit your future
According to the National Renewable Energy Laboratory, when you produce about 1000 kWh of electricity using solar panels, you reduce emissions by more than 1,400 pounds of carbon dioxide, 8 pounds of sulfur dioxide, and 5 pounds of nitrogen oxides. A solar panel with a projected 28 years of operation would significantly reduce carbon dioxide emissions by more than 100 tons!
By lowering your carbon footprint, you contribute to a healthier environment that can allow you to have more security when planning for your family’s future.
Are you ready to say “I DO” to solar energy? Then, let us hold your hand through the process and be there even after tying the knot! At Vision Solar, we manage every process step, from design, architecture, engineering, and permitting to installation and activation.
Call 215-798-5418 or visit https://visionsolar.com/free-quote/ to request your FREE QUOTE! 📞