Would you believe that home solar power systems using an intertie (utility-connected) PV system yields a large return on your investment over a reasonably short period of time? While this may sound unrealistic I'll show you how this investment may actually save you a lot more than you think.
Of course, if you are already sold on the idea to solar power your home then all you'll need to concern yourself with is insuring that you get the right install since that's the driving force behind a good or a poor ROI (return on investment). Here are some important solar benefits to consider when deciding if home solar power systems are a good fit for your house.
1. Power Bills: Regardless of what enticed you to solar power your home, the real decision maker is the cost of power. The first thing to do is just look at how much energy your solar power system can deliver and you would immediately save at least that much in your power bills. The actual price advantages are tough to determine as the power prices fluctuate over the course of the year as well as across the country.
2. Ease of installation and use: Like most new forms of renewable energy, the PV system is considered high tech and many people think installing solar energy in homes is complex, where as in reality it is the simplest solution available today. Using a home solar power kit makes it easy for the DIY'er to solar power the home. This gives two major benefits:
a. Installation of a home solar power kit is extremely simple. And even after installation if you ignore the dust collecting on the panels, you'll not see any big dip in efficiency.
b. With no moving parts, there is hardly any wear and tear on the PV system making it a long lasting solution.
3. Government Incentives: The US government is looking for alternate means of power generation to reduce the greenhouse gas emissions and the over-reliance on foreign oil. So there are many incentives offered to join the growing ranks of home solar power systems. Since the government wants us to install solar energy in homes we can take advantage of a variety of subsidies, tax credits or rebates. These incentives help bring down the cost of the solar technology. These government incentives can afford you savings that can drive down the installation by as much as 50%. Now that’s one attractive deal which you won't want to miss.
4. Carbon Footprint: By transforming your home to run completely on solar power, you would directly bring down your carbon footprint by 40,000 pounds of CO2 annually. If your system produces excess power and you are connected to the utility grid, that power will drive someone else’s home so you’d be helping others reduce their carbon footprint too.
5. Power Bill Stability: It is a no-brainer that energy prices are heading north. The faster you can move away from these high priced energy sources, the better you are in the long run.
6. Property Appreciation: As the energy prices hike upwards, people will scout around for homes with alternate power sources like solar. This will automatically increase the value of your house and as a bonus you don’t have to pay any property tax increase for this valued-add on!
7. Unseen Home Solar Power Systems Benefits: Perhaps more important than all these benefits is that you get bragging rights about how green your house is and how cool the solar panels on your roof look. For many people this in itself is a big incentive to go for solar power.
So you can see that there are plenty of good reasons to solar power your home. Recent technological solar advances have made a home solar power kit the product of choice for DIY solar projects to install solar energy in homes. Don’t wait too long though eventually the recent plethora of solar energy rebates, solar power tax credits and subsidies will disappear.