Both homeowners and businesses seek lower costs of power for economic and ecological motivations. Power generated from traditional sources have risen and continue to be unpredictable. This sense of uncertainty led to the unrelenting search for reliable, safe, cheaper and effective alternatives. Solar power systems have been a popular option in the United States and other countries in line with industrial advances. It is fortunate that solar technology has been available for decades and there is some familiarity with it among a good percentage of the most populations. It is also being offered by more and more companies the likes of Solar Panels Perth at affordable prices and payment schemes. The benefits, however, have to be known and well-understood to homeowners, businesses and other institutions, especially policy makers involved in the power industry.
What are the Benefits ?
Solar energy, which is provided by solar panels and their components, are economically and environmentally beneficial in principle, as they use something that emanate from nature instead of from something synthetic or technologically produced.
One practical benefits is that solar energy enable users to gain tax breaks, the cost of which depends on the location and eligibility. One county in Maryland, for example, allows a one-time credit on property tax at $2,500 or more up to 50% of the cost of materials and setup. Another is in the form of federal tax breaks. The Energy Star program provides tax breaks for solar hot water heaters and photovoltaic systems for the use and as incentive for the use of green products. Credit can go as high as 30% until the end of next year. There are additional available credits according to location and user’s circumstances.
Solar energy is an effective protection against cost fluctuations of energy. Because it is non-renewable, they are preferable to traditional fossil-based energy, which increases over time. Traditional energy also subjects users to market fluctuations and other uncontrollable charges on electric bills. Solar power is not subject to market instability. The sun is the only source and it is stable and dependable as well as free. One’s home also increases its value with a solar power system installed in it, especially to buyers who are as energy-conscious as the present owner.
And it is almost certain. Solar power from solar panels helps the economy. Traditional power production must outsource the business to other countries. But solar systems are confined to installers, designs, and manufacturers in a given country. Retention benefits the local and national economy itself.
The cost of installing solar panels at home used to scare homeowners. Advances have, however, modified the circumstances. Those with even the tightest budgets may now have the courage to embark in installing solar panels. The Maryland Energy Administration and Maryland Clean Energy Center, for example, make available low-interest loans costing as much as $20,000 to them as incentive to improve the energy efficiency of their homes. Solar leasing also allows them to just rent the system instead of buying one. Using solar panels enables homeowners, businesses and other users to immediately cut down on electric bills for obvious reasons.
To know more about solar energy and its benefits, read here.