Can Home Solar Power REALLY Reduce Your Electric Bill?
Learn the facts about home solar power systems
The recession coupled with the ever-increasing cost of living make a home solar power system an excellent cost-saving solution for almost every home owner. If you're looking to pinch some pennies, it may be time to solar power your home.
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You're probably thinking to yourself, isn't a home solar power system really expensive? Since commercial residential solar power systems can cost upwards of $25,000, many people feel that solar powered homes aren't an option for them. The good news is, even a do-it-yourself newbie can build a home solar power system at a fraction of the cost of a commercial system.
With the cost of building your own solar power system starting as low as $100, solar powered homes are no longer cost prohibitive. Even better, solar systems don't need a lot of maintenance.
The Facts About Solar Power for Homes
So now you're probably thinking to yourself, how much can solar power for your home really save you? The short answer is: quite a lot.
While actual amounts vary according to a variety of factors, like the size of your home solar power system and your geographic location, the annual savings on your electric bill can be as much as $1,000. Yes! One thousand dollars!
That's just for starters though. As appealing as freedom from your utility company is, it's possible to store excess solar energy for later use or, in some cases, your electric company will pay YOU for the excess electricity your generate. The electric company then passes on that electricity to their other, less energy savvy consumers. You can become your own mini electric company.
Additionally, there are tax rebates and credits available on both a state and federal level. Have your tax return preparer explain the tax benefits of home solar power.
There are several inexpensive, easy-to-understand guides available that will walk you through the process of building and installing a home solar power system. Combine that with tax credits and a significantly reduced electric bill and you have a winning, energy-saving, cost-cutting solution.
To find out more about how to build your own solar panels and slash your energy bill, we recommend you check out our #1 rated solar energy guide, GreenDIYenergy.
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