The Bright Side of Going Solar

Alternative energy sources are becoming more and more mainstream and necessary. The need to strike a balance between the world’s growing need and appetite for consumable energy and the mandate to pursue and support environmental protection and habitat preservation is becoming clearer than ever. There is a finite amount of earth’s natural resources available. Solar energy ranks alongside wind and hydropower as an essential and viable energy option—one that helps to protect the earth’s future.

    Why should a homebuyer or current homeowner consider going solar? The answer is simple. Buying a home with solar panels installed can translate into lower energy costs and increase a home’s value by increasing a home’s attractiveness on the market—very similar to homes with low property taxes, homes in school districts or homes with good Home Energy Ratings (a measurement of energy efficiency). A study conducted by the National Renewable Energy Laboratory concluded that homes with solar panels sell 20 percent faster and 17 percent more in price. According to the U.S. Energy Information Association, total renewables are expected to increase by 7.3 percent in 2018. In addition, the consumption of renewable energy other than hydropower in the electric power sector is forecast to grow by 1.3 percent this year and by 9.8 percent in 2018. 

    Residential solar power usage has experienced an average growth of 40 percent in the U.S. in tandem with state and federal incentives; geographical areas, like South Carolina, that experience a great deal of sunlight have shown particular growth.

    Although the majority of homeowners choose to go solar because it makes good financial sense, many also place tremendous value on the environmental benefits. According to statistics, the U.S. ranks second in the world in annual carbon dioxide emissions at 17.9 percent, right behind China. This fact only serves to underscore the importance of integrating alternative energy sources like solar. A homeowner can reduce his or her carbon footprint by replacing or augmenting utility power with clean electricity from solar panels.

    There are great incentives available, as well. As of 2009, the $2,000 limit on the Federal Solar Tax Credit was lifted. A qualifying homeowner can potentially receive a 30 percent federal tax credit and a 25 percent state tax credit. Interested homeowners and buyers are urged to take advantage of incentives while they last. Utility costs can, and do, fluctuate. With solar panels and simple math, one can calculate how much electricity will be generated, and most importantly, at what cost.

    Without question, there is much incentive to go with solar energy. That being said, many of those considering installing solar panels often feel apprehensive due to a lack of understanding and misconceived ideas. Solar providers, such as Vivint Solar, located right here in the Midlands, stand ready to answer any questions that may arise. Vivint Solar offers on-site solar evaluations and consultations. In addition, the company offers special lease options that allow for Vivint to take care of the installation, maintenance, monitoring and repairs. The homeowner simply pays Vivint for the electricity—a stress-free partnership!

    Call today to learn more about how solar energy can brighten your day by putting more money in your pocket while reducing the negative environmental effects to the Midlands habitat and beyond!

    Vivint Solar is located at 1141 Silstar Rd., in West Columbia. For more information, contact Joseph McClintock at 803-429-2401 or [email protected], or visit VivintSolar.com.