The solar sector has undergone significant growth and transformation during the past ten years. With the transition from fossil fuels and the need to lessen our carbon footprint, solar panel systems are more affordable than ever, and the future seems promising.
But there are many things about solar that aren’t well known, such as how solar compares well to comparable investments, how some of the finest places to put solar panels are even in cold and snowy states, and how many rebates and incentives are available to homeowners, and more.
1. You can still use solar power during winter
Sunny and chilly days are the best for solar panels to create electricity. This indicates that places with lengthy, harsh winters can use solar energy as a clean energy source with short payback times.
For instance, the payback period for a solar system is between 3.6 and 4.4 years in a cold area like Massachusetts. The payback period in Florida, which is renowned for its never-ending sunshine, varies between 8.6 and 10.5 years.
In fact, some colder states are better for solar because of their high electricity costs and state solar tax subsidies.
2. Solar projects increase your house’s market value
Homebuyers value photovoltaic solar panels, according to the research. A 2019 survey by Zillow revealed that solar-paneled homes sold for, on average, 4.1% more than comparable homes without solar panels. This amounted to an increase of almost $9,000 for the typical home.
This implies that solar can still be a fantastic alternative for people who are thinking about moving in the future. Adding solar panels to a home will boost its value in addition to the electricity bill savings it would produce.
3. Solar project is the future.
According to the largest house solar survey, only 11.5% of current domestic solar installations incorporated an energy storage device. However, given that 60% of battery installations occurred in the previous five years, this ratio is anticipated to increase fast.
With a solar battery, you can keep the extra energy your panels produce during the day rather than sell it to the utility grid.
It indicates that a home has electricity even if the utility grid is down. Home solar batteries are becoming more popular due to the surge in natural disasters over the past few years that have caused electricity grids to be offline for protracted periods.
Please refer to our solar battery buyer’s guide for more details and suggestions on choosing the most exemplary energy storage system for your residence.
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