Three Tempting Reasons Why Now is the Best Time to Buy Solar Panels

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As renewable energy technology becomes more accessible, more people than ever are investing in solar power for their own homes. In fact, the price of solar panels has dropped an astonishing 80% since 2008, and experts believe it will continue to decline over the next few years thanks to the green energy boom. What was once a costly technology reserved for the wealthy is now an affordable renewable energy option that’s available to anyone.

Still on the fence about a solar panel installation in your home? These three advantages that they provide just might convince you:

Solar panels are eco-friendly

The most obvious benefit to switching to a renewable energy source is its benefits for the environment.
Since solar power uses the sun’s rays to generate electricity, traditional energy sources like coal and natural gas are no longer needed. The result? Your home’s carbon footprint will decrease by about 35,180 pounds per year. With climate change’s devastating effects already being felt around the world, investing in solar is one of the best ways to do your part to save the planet.

You can earn tax credit

Did you know that many states will offer tax credits to homeowners who choose to invest in solar power for their houses? In the state of Arizona, for example, having a solar energy system in your home will qualify you for a $1,000 state tax credit and a 30% Federal Investment Tax Credit through 2019. This amounts to huge savings and will help you pay off the initial cost of your solar panel installation in no time.

You’ll save thousands on utilities

In addition to saving huge chunks of cash on your taxes, solar panels will also save you thousands on your home’s utility bill. It’s estimated that a solar-powered home will save $84 per month on its electricity bills. Think of all the things you could do with that extra money!

Installing solar power panels in your house isn’t just a great way to help out the environment ? it’s also one of the best ways to start saving money on your utilities and taxes and strengthen your investment in your home. It’s no surprise that more people than ever are turning to solar panels.

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