California has one of the highest costs of living in the country, and not just because of highly populated areas like San Francisco. Property prices are high all over the state, even in areas that are not very populated. In this environment, many people are doing anything they can to cut living costs in other areas to compensate for high rent or mortgage. If you’re looking for a way to cut your annual cost of living expenses, it might be a good idea to consider solar panel installation. A solar panel may not seem like much, but it can actually go a long way towards saving you money and improving the environment in which you live.
Why Solar Panels?
Solar technology has been progressing in leaps and bounds over the past few years. With the increased push towards viable alternative energy solutions, the government has implemented a number of subsidies in an attempt to incentivize homeowners. Modern solar panels are more energy efficient, and cheaper, than those of the past decades. With the added tax write-offs available to many homeowners who install solar panels in California, you can start saving money with a reasonably affordable initial investment.
Beyond the immediate financial incentives to install them, solar energy systems themselves are quite good at taking a load off of your home’s electrical system. The biggest energy hogs in the average home are the air conditioner, heater, and water heater. If even one of these systems is powered by a solar panel, instead of relying on the electrical grid, then you can expect to see significant financial savings during seasons when you use those systems a lot. In the case of the water heater, you can expect to see savings all year-round.
Solar panels are so good at producing power that many homeowners actually sell excess power production back to the power companies. Your solar panels might actually go beyond saving you money and into making you money. This varies based on the area, of course. By taking a sizeable amount of electrical load off the local power grid, the solar panel also makes more energy available for those who need it. Since people in California have been adopting solar energy in record numbers, the grid has become more capable of withstanding times of higher demand without risk of power outages.
At the end of the day, there are only two reasons why you might not want to install a solar panel. The first is that you think you can’t afford the initial investment. The second is that you think you don’t have the room for one. Notice how we said “think” for both of those statements, because it turns out that these are probably a lot less of an obstacle than you think. As we said before, there are many financial incentives available to help make solar panels as affordable as possible. Chances are, you actually can afford a solar panel system if you play your cards right. As for the space issue, you don’t need to plaster your entire roof in solar panels to start reaping an immediate benefit. Even one solar panel could supply a startling amount of power to your home if it’s installed correctly, which is what we’re here for.