Did you know that football star Tom Brady’s home is completely custom-built and includes Earth-friendly features like gray water collection, reclaimed and recycled construction materials, and solar panels that provide all of the home’s electricity needs? While celebrities may have unlimited budgets for investing in sustainable energy sources, the rest of us are just trying to be kind to the Earth and save a few bucks on energy. Thankfully, investing in sustainable energy and saving money on energy are no longer mutually exclusive.
You CAN Afford Solar
Solar energy is renewable, clean, and easy to make. It also cuts down on your energy bills by reducing the amount of electricity you have to purchase from the main grid. On the other hand, an entire solar panel system can seem intimidating or expensive to the average homeowner. The truth is that solar technology has come a long way, and is simpler and more affordable than ever before.
Every homeowner can afford to incorporate solar technology into their homes. If a completely solar-powered home is out of your budget, you can get started with a small hybrid system where part of your energy comes from solar panels, and the rest comes from the main grid. To help make your system more affordable, the federal government offers a 30% tax credit to homeowners who invest in renewable energy systems like solar energy. Then, once the system in place, the immediate energy savings further offset the cost. Plus, you can also receive Solar Renewable Energy Credits (SRECs), which are payments for the extra electricity generated by your solar panels that you can sell to the main grid.
Save Money Upfront: Leasing Solar Panels
Leasing solar panels is a simple way to get a renewable energy source at your home quickly and inexpensively. When you lease solar panels, all you have to do is pay monthly rent to enjoy energy savings. In the long run, the overall savings are lower with leased panels because leasers are not entitled to any of the tax benefits or credits. Leasers are also tied into contracts of a minimum of 20 years, which is transferable with the ownership of the house. Learn more about leasing vs. buying solar panels here.
Energy Monster Can Help
Let Energy Monster give you a hand in getting your own solar system. We offer custom no obligation designs to help figure out how solar panels can work with your home. We can also explain which rebates and credits are available to you so that you may get the most value from your money. With a solar energy system, you’ll enjoy both immediate and long lasting energy savings. Get your free quote today!Return to Blog