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Writer's pictureMike the Solar Guy

Why You Need to Invest in Solar Right Now



Imagine walking down a smooth road; the weather is nice and cool, and the sun is nice and warm. There are beautiful solar panels reflecting the light of the sun. Your neighbors are smiling and waving at you as you return the gesture. You’re a few decades older, but you haven’t lost your zest for life.


As you continue down the street, you see your beautiful home and manicured lawn. As you get closer, you spot your mailbox. The joy you felt, only seconds ago, vanishes as you remember—your energy bill. It’s time to spend hundreds of dollars, again. An unfortunate monthly ritual.


Looking up, you see each of your neighbors’ solar panels lined along the tops of their gorgeous roofs. You are overcome with dread as you grab that lone paper bill.


You look at the solar panels on your neighbors’ roofs one more time, before looking over to your own empty and solar less roof.


Every. Single. Month. You deeply regret the stupid decision you made decades ago.


You should have invested in solar, you think to yourself. But let’s take a step back into the present.


It’s important to understand the current economic situation we are in right now. There are talks of a recession and increased inflation, and people are in need of safe investments. There are various investments you can make to save up for a secure future. Through solar, you’re making an investment that guarantees consistency, a major key to security.


You will always have an energy bill. Solar energy gives you the chance to save your money, increase the value of your home, and give you more control over your energy usage.


Let’s go through the three main reasons you need to invest in solar right now.


You’ll be Saving a Lot of Money




Energy prices are at a record 16-year high, and it is only expected to increase. Since 2021, the price of fossil fuels have grown exponentially. Fossil fuels account for over 60% of our nation’s energy generation.


With such heavy national reliance and global supply shortages, they cannot lower their current and projected energy prices. The impending recession only makes it worse. Their prices must continue to increase to meet their own production expenses.


According to the Con-Edison website, one of the largest energy companies on the east coast, their expected winter price hike will be even higher than usual. One reason is the rise in energy supply costs, which are affecting people across the entire country.


“Disruptions in the global supply chain have driven up the already-high cost of natural gas,” Con-Edison wrote on their website, “which is burned to produce electricity. Weather conditions and your individual usage also affect your bill.”


They further explain that they expect their residential bills to increase by 32% this winter, while small and large commercial bills are expected to go up 23% and 28%, respectively.


The Southwest has also experienced a 25% overall energy price increase in the last year alone, and the projections for the next five years are not looking cheap.


Switching to solar now includes government tax breaks, as they attempt to encourage citizens and consumers to switch to renewable energy. An option that is better for our planet and national pockets.


Increase the Value of Your Home



Remember that walk from the beginning? Your beautiful home with the solar less roof? Well, another reason you should invest in solar is because it will increase the value of your home. Right now, there are tax credits for homes powered by renewable energy.


When it comes time to sell your home, there will be big returns for being powered by solar. Tax credits and incentives for renewable energy have been extended for another ten years, so there’s guaranteed increase in your resale price. A home with a guaranteed lower monthly bill increases your home’s appeal.


The U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) conducted the largest-ever study of solar homes from 2002 to 2013 in eight states. They wanted to determine the impact of solar on homes for buyers. They discovered that buyers in six of those eight states were willing to spend $15,000 more for homes with solar panels, versus homes without them.


The National Renewable Energy Laboratory (NREL) revealed details of a study conducted by the largest association of real estate appraisers in the U.S. It concluded that the value of a home increases by $20 for every $1 reduction in yearly utility bills. So, for example, a solar powered home that saves a homeowner $500 per year can increase the value of their home by $10,000.


Going solar is good for your future. The money saved, especially long-term, is unparalleled at the moment. From tax credits to a lowered utility bill, it is understandable why solar’s popularity has skyrocketed lately. This is how you save money while investing in your assets.


Control & Manage Your Energy Usage



The last, but certainly not least, reason to invest in solar now is the amount of personal and individual power you gain from it.


Climate change is on the minds of many, the way a looming recession has been too. Many are feeling powerless, afraid, and uninformed. There are, but not limited to, life-threatening droughts all over the world, sinking countries, and a growing number of climate refugees.


Switch to solar now, and you will put the power back into your hands. Our traditional energy sources, such as fossil fuels, typically require a mining process or other acquisitional processes to get their fuel. That accounts for roughly ~40% of their expenses. That percentage is only expected to increase with supply shortages and political demands to limit fracking.


Due to solar power using panels for conversion and generation, there’s an important lifestyle shift that comes alongside the lower costs of solar. You are in charge of how much energy you use. There are also accompanying panel apps and third-party apps that help you track and manage your usage and overall spending.


There’s no fracking and no energy company “calculating” your monthly usage. There's transparency and understanding with your new energy bill. Solar technologies are improving every day as demands increase every year. Projecting even more financial gains and security in solar as a dependable and durable renewable source of energy.


Switching to solar includes less headaches, concerns, and downsides; while giving you financial gains, value, and freedom. Best of all, with solar, your bill will stay consistent for decades and the value of your home will continue to increase.


Decades from now, when you’re walking through your gorgeous neighborhood towards your beautiful home, make sure there’s an empty mailbox and solar panels on your roof. Your energy bill can stay as low as $12 a month, and you won’t have to worry about paying over $500 instead.


Solar is growing rapidly, and prices are at an all time low! Don’t miss out and get started TODAY! Save yourself the money and heartache before it's too late. As a Solar Expert & Educator, I can guide you along the decision-making process, so you don’t have to go through it alone.


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