Not so long ago, the use of solar power was nothing more than the trendy thing to do. Today, however, it is becoming more mainstream by the day, as people worldwide are discovering the cost savings involved.
As the cost of the average American’s utility bills rises faster than the rate of inflation, it simply stands to reason that homeowners would seriously consider making the transition.
There is also a separate group of homeowners who are exploring solar power for a different reason. The people in this group simply want to do their part in our country’s effort to support new and better alternative energy sources.
Unquestionably, the advantages to the homeowner and the environment are significant.
Of course, the initial costs are also significant. That said, there are many tax rebates and incentives made available to help defray some of these costs. (These incentives vary greatly depending upon where you live, so we recommend that you visit SolarPanelsGuide.com to find out what’s available to you.)
Though it varies from home to home (and, of course, system to system), as a general rule experts estimate it take approximately 10-15 years to reach the break-even mark. After those years are gone, it’s literally money in the bank for those who have these systems!
Additionally, in many states the homeowner can sell his unused electricity back to the power company (at the full retail price), thereby reducing their costs even further.
As a result, a solar energy system can be a very savvy investment for many homeowners. They understand that they are protecting themselves against rising utility costs by producing their own, cost-free power; and that they are protecting the environment and increasing the value of their homes – all at the same time.
In a manner of speaking, it’s homeowners taking the power away from the utility companies!