Residential Solar Panels: Powering Your Home and the Planet With a Residential Solar Panel Installation

Are you interested in installing residential solar panels? Do you want to know if they really benefit the planet? Do you worry that the investment will break the bank?

RxSun understands that residential solar panel installation can sometimes be a daunting prospect. That said, it offers a ton of advantages, from reducing your impact on the environment to helping you save money in the long run. Our experts are here to help you discover the benefits and make the right choice for your unique situation.

The Environmental Impact of Residential Solar Panels

The environmental impact of residential solar panels is tremendously positive. Installing these panels means you’re taking a step toward sustainability, which can help both your community and the world at large.

Just some advantages include:

• Carbon emission reduction: Solar energy decreases greenhouse gas emissions by reducing pollutants from other power sources.
• Renewable energy status: As a renewable energy source that cannot be used up like fossil fuels, which protects the planet from fossil fuel collection efforts and increases everyone’s quality of life. 
• Remains reliable through inclement weather: Unlike the traditional power grid, solar power remains stable during droughts, heat waves, and other conditions.

Improving Your Home’s Value

Are you thinking about moving at some point? Would you like to make a smart investment? Then solar panels can be an excellent option. These units add a lot of value to your home, which can be incredibly beneficial down the line.

Sustainability has grown increasingly important these days. Potential buyers often look for homes that have sustainable energy options already installed. If they know that you have solar panels, not only will you attract more potential buyers, but you may also be able to get more for the property.

Save Money in the Long Run

Solar panels aren’t just a smart financial investment if you’re planning to sell; they offer a lot of additional monetary advantages, too.

Tax Incentives

Tax incentives are economic motivations meant to encourage residents or businesses to participate in a certain economic activity. You must engage in the activity during the tax year to receive them. They take the form of:

• Credits
• Deductions
• Exemptions

The federal residential solar tax credit means that taxpayers can claim a 30% tax credit on the cost of a residential solar panel installation. To claim the 30% tax credit, the panels must be installed by January 1, 2033. However, after January 1, 2033, you can still save 26% by installing home solar panels.

Additional Savings Are Predicted to Last Long-Term

For most people, the cost of using standard energy resources keeps rising. This is evident in widespread complaints about the cost of utility bills and gas prices in the news.

Solar energy costs much less than old-fashioned ways of energizing a home. Your home’s productivity and comfort won’t rely on expensive fossil fuels that can be affected by global events and economic downturns. And because about 4 million American homes now use solar power, costs will continue to lower as more people connect to the grid.

Those connections will make your monthly bill even more affordable.

How Much Will I Save?

Your usage, the size of your solar energy system, and the system’s power determine your savings.

Sometimes, using a third-party solar energy system lets you:

• Act as a host for a solar energy system
• Purchase back the electricity generated at a discounted rate
• Price-lock your rates for years

Financing Your Sustainable Future: Making Residential Solar Affordable for All

Some people worry that the installation will cost too much money.  That’s not true when you work with a solar installation company like ours. Our company genuinely cares about the planet and will ensure your installation pays off with streamlined labor and material costs.

But if you still need help with the initial investment, solar loans might be an option that gets you past that initial payment. A solar loan works like most other loans and requires monthly payments. However, the affordability of these loans sets them apart from others. The monthly amount owed on a solar loan is typically less than what you’re paying for your average utility bill!

Power Your Home and the Planet: Go Solar Today

A home solar installation will change the comfort and productivity of your home while providing a multi-generational impact on a global level. These fantastic devices can help you save money, benefit the environment, and even help you get more money for your home if you decide to sell it.

If you are ready to power your Chicago home and the planet with a residential solar panel installation, RxSun is ready to answer your questions. Contact us at 800-607-9786 to learn how you can power your home with residential solar panels.