How Solar Energy Helps Lower Your Utility Bills

By June 9, 2020Blog
How Solar Energy Helps Lower Your Utility Bills

Most people know that renewable energy is good for the Earth. The overuse of coal, gas, oil, and other fossil fuels has destroyed mountains, forests, oceans, beaches, and rainforests. Fortunately, renewable energy reduces this consumption and protects these ecosystems. Moreover, it saves you money on your energy use. Read this helpful guide on how solar energy helps lower your utility bills to discover some cost-saving tips.

Saves on Maintenance Fees

Unlike some utilities, solar panels require little to no maintenance. Their installation is precise to ensure their functionality throughout the year, and the installation typically pays for itself in about six years for a residential home. You’ll still have a minimal electric bill, but this is simply a monthly connection fee—roughly $18 per month. Your utility costs will still drop significantly.

Provides Tax Credits and Incentives

Solar panels also have tax credit potential, depending on where you live. Here in New York, you’ll receive a grant from New York State and a 25% personal tax credit (up to $5,000) on top of the Federal Income Tax Credit. We’ll help you with all the information you need every step of the way!

Reduces Electricity Costs

On that note, the most obvious way solar energy helps lower your utility bills is by reducing your electricity costs. Fossil fuel costs cause utility bills to fluctuate due to their ever-changing market prices. Even when supply rates are down, delivery costs continue to go up. You can avoid this surprise with solar panels, as your electric bills will remain steady over time.

Given these benefits, it’s no surprise that you should consider renewable energy. We at Solar Liberty specialize in solar panels for your home in NY. Our expert residential installation offers turnkey design and 0% financing solutions using only experienced, trained, and NABCEP-certified installers and electricians. We’ll handle every building permit and piece of paperwork so that you don’t have to. Stop waiting, and call us to learn more about our residential solar panel solutions.