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As Congress Commits Billions, It’s Time to Switch to Residential Solar

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Find out if solar power is right for your home with a free personalized assessment from Understand Solar.

Scientists say we only have about 10 years left before climate change becomes irreversible. However, for the first time, there’s actually something you can do about it. Using solar energy to power your home is a great way to reduce your carbon footprint. And right now, thanks to a rare alignment of public policy and private market forces, solar installation has never been more affordable. If you want to do your part in the fight against climate change, you should start by contacting the experts at Understand Solar.

Solar power is about to take a huge leap forward

As Congress Commits Billions, It's Time to Switch to Residential Solar

According to the US Department of Energy, the solar industry has the potential to generate 40% of the country’s electricity by 2035, a development that could be a game-changer in the fight against climate change. However, to achieve this level of solar generation, the United States would need to add 30 gigawatts of solar capacity per year by 2025 and 60 gigawatts per year from 2025 to 2030. This is going to require a major shift in public policy, billions dollars in federal spending and a huge push from the private sector.

The good news is that for once in this battle to reduce our dependence on fossil fuels, all the pieces are falling into place.

The solar energy industry has been booming for a decade thanks to technological advancements and a determined private sector. Over the past ten years, the overall cost of generating solar electricity has fallen by 89%, from $359 per megawatt hour to $40, and the cost of installing solar energy systems in private residences has dropped by 70%. As a result, the United States installed a record 15 gigawatts of solar generating capacity in 2020. And that’s despite supply chain issues caused by the pandemic.

Now things are really about to explode. The massive infrastructure bill passed by Congress in November includes a $15 billion investment in electric transportation, plus $65 billion to rebuild and modernize the nation’s power grid. This funding is expected to fuel the exponential growth of the solar energy industry. And that means there’s never been a better time to go solar.

Free Custom Solar Assessments

As Congress Commits Billions, It's Time to Switch to Residential Solar

Are you interested in going solar? The first thing you need to do is figure out what local, state, and federal government grants and tax incentives are available to you. Next, you need to determine how much sunlight your home gets, which determines how much solar power you can capture with a photovoltaic power system. And it depends on where you live, not to mention the positioning and architectural features of your home.

Once you have it all figured out, the next step is to assess how your solar power investment would be affected by your local power company’s rates and policies. For example, does your electricity company charge flat rates all the time or are the rates higher during peak hours? Do they charge higher or lower rates based on your usage? Does it allow net metering, which allows you to sell the extra electricity you produce back to the public grid? And what are the projected rates over the next 10 or 15 years? The answers to these questions will determine how much or how much money a solar power system can generate over its lifetime.

If this all sounds complicated, that’s because it is. Fortunately, Understand Solar can help. And it’s 100% free.

Understand Solar is a third-party solar advocate that educates consumers, provides free solar estimates, and connects homeowners with local installers. All you have to do is fill out their simple online form and provide a few details about your home. An Understand Solar expert will then contact you and review your assessment, answering any questions you may have. However, no commitment is required.

After speaking with your Understand Solar representative, you may learn that solar power is not for you. Maybe your home doesn’t get enough direct sunlight, or maybe you live in a state where laws and regulations are prohibitive because oil and coal create too many jobs. Again, your Understanding Solar Energy assessment could reveal that solar power is one of the smartest investments you can make.

Don’t miss an exceptional investment

As Congress Commits Billions, It's Time to Switch to Residential Solar

When most people think of going solar, the first thing that comes to mind is eliminating their electric bill. However, that’s not really what makes solar a great investment. In most cases, the money you save on your electric bill will only offset the cost of financing your installation.

Where most people can make money from a solar energy investment is in the long term. In general, homes with solar power systems sell faster and at higher prices than homes without. A recent study found that solar power systems add about 4.1% to the value of an average home, while another found buyers are generally willing to pay $15,000 more for a home. equipped with solar panels.

Of course, these are all averages using data collected from different regions. But the basic idea is the same in most parts of the country. Solar panels are a very good long-term investment. And now that the federal government has committed $80 billion to progressive energy policies, the value that solar power adds to your home will only increase.

So don’t wait another day. If you want to do your part to stop climate change and invest in your future at the same time, click here and get your free personalized solar assessment from Understand Solar today.