If you’ve been thinking about changing over to a clean, renewable energy source, but have not taken the plunge yet, now is the time to start the process of solar panel installation. Not only is solar energy a good long-term investment for your budget and the environment, but some big incentives for Massachusetts residents are also coming to a close this year–start now to take advantage of big savings!
Benefits of Solar Energy
The most obvious benefit of using solar energy to power your home is the reduction of your impact on the environment without having to forego your favorite comforts. When your home is powered by the sun, your energy consumption is only limited by the amount of power you are generating, not by the rapid depletion of finite resources. Feel free to leave the TV on for background noise and let the kids leave the hall light on when they go to bed.
The cost of electricity is also on the rise in New England. In fact, the cost of electricity went up almost ten percent in 2015 compared to the previous year and is up almost 20 percent from 2012. If you go solar now, instead of allocating more and more of your family’s budget to energy expenses, you’ll enjoy free energy. In some cases, you’ll even earn money from your solar panels in the form of Solar Renewable Energy Credits (SREC).
Plus, the value of your home instantly jumps when you install solar panels.
If you’re thinking about moving in the future, you can expect to realize an average of $20,000 of added value to your home–and a shorter time on the market as energy-efficient homes are in demand.
Even if you’re not thinking of moving any time soon, the average lifespan of a solar panel is at least 20 years–sometimes more than 30 years–so you’ve got plenty of time to enjoy the added value to your home.
The Cost of Waiting
Besides losing out by having to fork over your hard-earned cash to the electric company every month, putting off your solar panel installation for another year will mean a higher overall price tag on your new panels. This is because as more and more people jump on the solar bandwagon, the government will start phasing out incentive programs that were meant to encourage more people to go solar.
For example, homeowners can currently claim a federal tax credit of up to 30 percent of qualified solar expenditures–but only through December 31, 2016. Massachusetts homeowners can add a state tax credit of up to $1000, but this credit is being phased out as well.
If you put off your solar installation for another year, you’ll still be able to reap the environmental benefits of clean energy while enjoying lower energy bills. However, the added cost of your solar panel installation means it will be a few more years until you can realize their full savings potential.
Now Is the Time for a Solar Assessment
The entire process of installing solar panels can take a few weeks from the initial assessment until your panels are fully operational. That’s because each solar system is designed to meet the specific needs of your home including panel size, arrangement, and placement. It’s essential that each panel has the right fit, and that they are placed properly to get the most exposure to sunlight.
Solar panel installation usually requires building permits to be requested before installation, and an inspection from the local utility before the panels are turned on. The installation process can be completed in just a few short days, but the entire process can take a bit longer.
Get Started Today
Get the ball rolling now with a solar assessment. The first step is determining whether your home is right for solar energy depending on the size and angle of your roof, the orientation of your roof toward the sun, and your current energy consumption levels. If your home is a good candidate, you’ll receive a customized solar panel design solution with no obligation to buy.
In other words, you’ve got nothing to lose by scheduling your solar assessment now. If you wait, say goodbye to tax benefits and incentives that would reduce your overall installation expense.
Ready to get started? We’re here to walk you through the entire process to make it painless and simple. Schedule your free solar consultation today!