In 2019, more than 46% of power outages were due to transmission disruption or interruption. Renewable energy technology can be a major player in turning this problem around.
If you’re wondering why it matters, it’s because it’s costing some businesses almost $9,000 per minute. That adds up when combined with an average disruption of 95 minutes.
But this article isn’t about businesses, it’s about you. What are the benefits when you go solar in your home? Keep reading to find out what solar benefits you can achieve with a new solar energy system.
Table of Contents
1. The Power Doesn’t Go Far
A lack of investment in reliable and updated energy transmission means 15 million households per year lose power because of severe weather.
The energy department has confirmed that parts of the US energy grid are more than 100 years old. Even worse, at least 70% of the transmission lines and power transformers in service are more than 25 years old.
Being your own solar power provider means your energy is local to your home. Never worry about energy transmission or distribution problems again.
2. Good Help Is Easy to Find
Maintenance of properly installed solar panels and total solar energy systems isn’t hard. Neither is finding workers to properly and professionally install and service it.
Colorado has a population density of 51.7 people per square mile. And yet, vendors like https://blueravensolar.com/colorado/ have reach throughout the state and 14 others.
Whatever your needs, whether installation or maintenance, good help is just a click or call away.
3. Help Reduce Climate Change
Climate change isn’t only global warming. The weather is getting hotter and colder, drier and wetter. Extreme weather is on the rise.
There was a tenfold increase in weather-related power outages between the mid-1980s and 2012. From 2003 until now, those weather-related outage events have doubled.
When you go solar, you also help to promote renewable, reliable energy systems. This sustainable energy program adds to the US security portfolio, too.
4. Tax Credits: Get Them While They Last
It was possible to receive up to a 26% tax credit on qualifying equipment through December 31, 2020. That doesn’t mean that all tax credits are over.
Congress has approved a tax credit of up to 22% for 2021. If you don’t make a decision to purchase before December 31, 2021, 2022 holds no current benefits for you. Those ITC (income tax credit) solar tax credits won’t wait for you to make up your mind.
5. Increase Your Bottom Line
Saving money is great, but when you can sell your energy back to the utilities, that’s even better. Since electricity costs continue to rise, you continue to get a better return on your investment in solar.
It also improves the investment in your property. 2020 marks the year California required all new construction homes to include solar. It won’t be long before more states adopt the same ideology.
Fortunately, solar adds an average of 4.1% to your home’s resale value. In dollars, for a median-valued home, that’s almost $10,000.
Renewable Energy Technology: Go Solar Today
When it comes to renewable energy technology, solar is the most practical application for home use. Even if utilities get their act together and provide clean, cheap, sustainable energy, the world of power generation will never be the same.
Much like blockchain and Bitcoin have helped to decentralize money policy and economics, solar technologies have helped to democratize and decentralize power generation.
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