Why Go Solar in America? Top Benefits for Homeowners

Solar panels installed on a home with American flag, a nice garden

Reduce your home energy cost

As a resident of the US, you may be eligible for solar energy programs that provide financial incentives for you to install solar energy systems for your home. Solar energy offers many benefits for homeowners in the United States, including lower energy bills, increased home value, and protection from rising utility rates.

A clean, renewable, and sustainable energy source, solar power is proven to be a smart investment. Improvements in efficiency, technology, and care have resulted in significant cost reductions over the last ten years, making the switch to solar now the smarter choice to make. After paying for the upfront cost of the hardware, it will take about 10 years to recoup your initial investment (known as the "payback period"). After which, you will be saving significantly on your electricity bill.

If you're worried about direct sunlight, just know that solar panels don't need direct sunlight — they're 10-25% effective when it's overcast.

Get Tax Credits for Renewable Solar Energy Systems

The average family spends a lot of money on energy and consumes an average of 10,000 kWh annually. Homeowners can make their homes more efficient to save in the long run. Some projects are more expensive than others. Fortunately, there are financial incentives for renewable energy and energy efficiency in every State in the United States. This can includes the following tax credits for your residential solar system:

  1. Federal Solar Investment Tax Credit (ITC): 26% federal tax credit is available for purchased home solar systems installed by year-end.
  2. Solar Renewable Energy Credits (SRECs): Compensation per kilowatt-hour (kWh) produced by the system is based on market value.

Not just that, but often some cities offer an additional financial incentive to encourage even more solar energy system installations for your home.

Support American jobs that can't be outsourced

Residential solar installation is a labor-intensive process which creates many local jobs that are ideal for families who don't have a college degree but have been trained in construction. Solar developments can create 15 jobs for every 100 houses that install solar energy systems.

Support your community

Imagine if you could attract attention from prospective customers that are genuinely interested in your product or service. Going solar for your home will ensure that the dollars you spend on electricity stay right here in your city.

Combat climate change

Solar is part of a solution to climate change, which significantly contributes to cleaner air and water and reduced rates of asthma. Solar energy cuts carbon emissions, assisting in meeting carbon neutrality goals while lowering your environmental footprint.

For even more information on going solar for your home, see the US Office of Energy Efficiency & Renewable Energy's Homeowner's Guide to Going Solar here.

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