5 Reasons to Invest in Solar Energy

solar panels on red roof

Solar energy is a zero-risk investment. With the rising cost of utility bills and the environmental destruction due to fossil fuel extraction, investing in solar energy is an investment in the future - your financial future and the future of our planet. We have lived for generations depending on the electrical grid, so it is expected that switching over to new technology might evoke some questions. Is it reliable? Is it worth the price? What are my options? Is it for me? BYLTup’s solar experts address these common concerns as we explain why solar energy is worth the investment.

  1. Long-Term Financial Gains

Installing solar panels produces more financial benefits than some might think. The obvious is that it reduces our reliance on electricity, which lowers monthly electricity bills. The system usually pays for itself within six to nine years. The panels themselves have a lifespan of at least 25 years. Another source of energy bill reduction is that solar panels absorb the UV rays that would have otherwise hit your roof, entered the attic space, and warmed your home. The panels keep your house cooler, reducing the need for air conditioning in the summer. Some less obvious financial benefits are that solar panels increase the value of your home and protect your roof from the elements, reducing the frequency of paying for roofing damages.

  1. Invaluable Environmental Benefits

Investing in solar energy is investing in the future of the planet. Electrical facilities produce large amounts of carbon emissions, accelerating global warming and polluting the air. It even wastes water. Water is used to cool the hot turbines that generate electricity, adding to its environmental degradation. On the other hand, generating solar energy produces zero pollution. Similar to the financial reasons, the environmental benefits are immediate and long-term. Water consumption and reliance on fossil fuels drop, which will lower our collective carbon footprint and slow down climate change.

  1. Federal Tax Credit

When you install a solar power system, the federal government rewards you with a tax credit for investing in solar energy. In short, your total project costs (including equipment, permitting, and installation) can be claimed as a credit on your federal tax return. Unfortunately, the amount of credit decreases every year, and there is a chance that 2024 will be the last year tax credits will be available unless Congress renews it. That is why the best time to invest in solar energy is now!

  1. More Reliable Source of Energy

According to the Wall Street Journal review of federal data, the US electrical system is increasingly less dependable. Large, sustained power outages have become more frequent over the last two decades. In 2000, there were fewer than two dozen major outages. In 2020, there were over 180. The trend is expected to continue. However, with more people working from home, charging their computers and phones through their electrical grid, and an increase in electric vehicles, our livelihoods are increasingly dependent on our generated energy. Solar energy can take on that dependency, function through electrical blackouts, and keep life going.

  1. Easy, Flexible Installation

With BYLTup, your solar panels can be installed within three to eight weeks, depending on the permitting speed of your municipality. The process is simple.

First: We look at your electricity bill and talk about any major electrical items that you might add in the future, like an electric car. We do this to strategize and maximize your savings.

Second: We do a site inspection to lay out the physical plan for your panels. If you have aesthetic or home placement preferences, we will work with them.

Third: We design the installment based on our expertise and your preferences with the goal of maximizing your investment.

Fourth: We will work with your municipality to approve the permits before finally installing your solar panels.

There is no drawback to investing in solar. It will save you money, increase the value of your home, provide a reliable energy source, and reduce your carbon footprint through an easy, flexible process. Invest in solar today to take advantage of the tax credits before they expire in 2024! Ready to switch to solar energy or have more questions? Contact BYLTup at 562-800-5620.

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