Why Solar Panels are Good for Home

Why solar panels are good for you, whether your motivations for going solar are economic, environmental,
or personal. In fact, here we have a list of all the benefits of solar power with something for everyone.

Top Reasons Why Solar Panels are Good Investment

Here are the top reasons why solar energy is good for your home. Actually, solar power is considered to be more popular than ever in the United States.

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1. Provides Clean, Renewable Energy

A solar panels system for homes is a 100% clean, renewable energy source. It reduces reliance on oil, coal, and natural gas for electricity production. These fossil fuels produce harmful emissions that affect the quality of air, water, and soil. In contrast, solar energy produces no pollution. The sun's abundant power offers an unlimited source of energy that does not strip the landscape or harm the ozone layer. Residential solar energy systems represent an investment in the future of the planet, by conserving non-renewable energy sources and protecting the environment.

2. Take Advantage of the New Jersey TREC Program Go Solar

If you’re facing rising home energy expenses, home solar panels can offset your costs. The Solar Renewable Energy Credit (TREC) allows you to earn (and sell) energy credits for every kilowatt-hour your system produces. TRECs are just like RECs, but specific to electricity that comes from solar panels. For example, a homeowner earns one TREC every time their solar panel system produces one megawatt-hour (or 1000 kilowatt-hours) of clean, renewable solar energy.

3. Take Advantage of the Federal Solar Tax Credits (ITC)

Another financial benefit is the federal solar tax credit. It gives a dollar-for-dollar reduction against your federal income tax. This 2021 the federal tax credit is providing a 26% credit. As long as you (qualify) for it and install the home solar system by December 31, 2023. Starting in 2023, the value of the tax credit will step down to 22%.

4. Increase Home Values with Residential Solar Panels

Multiple studies show that homes with solar panel systems worth more and sell at prices above similar homes in their area.

Check out How Good is Going Solar for You!

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