Solar Energy Systems: Why Solar and Battery Storage is So Beneficial

 

Solar Energy Systems

There are many reasons why adding a solar energy system is the right decision today.

  • Energy Independence
  • Looking for much lower electric bills
  • Federal Investment Tax Credit (ITC)
  • Increasing your home’s value

With Clean Solar Energy Systems, you get All of the above!

Energy Storage to Use when YOU Need It

When the power goes out, your electricity also goes out. So does your wi-fi, your refrigerator and your lights. When you pair your solar panels with battery storage, you control what happens during an outage. You can use the battery to backup the most critical devices in your home. And, you can use the battery to store energy to use when you need it – when utility costs are the highest. Either way, you are in control of your energy usage, not the utility company.

Savings on your Electric Bill

If your electricity bill is over $100 a month, you’ll save money installing a solar energy system. Adding a battery increases your cost savings. You can store excess energy provided by your panels and use it when you will get the greatest benefit – during peak times of the day when utility costs are higher and at night. It is an excellent way to further save utility costs by allowing you to store your excess energy, use it when you want, and not have to buy as much from the utility company. This gives you energy independence!

Federal Investment Tax Credit (ITC)

In December 2022, with the Inflation Reduction Act, the U.S. extended the Investment Tax Credit for solar at 30% through 2032. The solar Investment Tax Credit (ITC) is a dollar-for-dollar reduction of the income tax you owe. If your solar energy system generates electricity for a home in the United States, you qualify. The tax credit covers:

  • Solar Photovoltaic (PV) Panels
  • Energy storage devices (batteries) with a capacity rating of at least 3 kilowatt (kWh) hours
  • Solar and battery equipment costs such as inverters, mounting hardware, and wiring
  • Labor costs for installation including fees related to permitting and inspections

Increased Property Value

Homes with a solar energy system sell for more than homes without solar. According to a study conducted by the Lawrence Berkeley National Laboratory, for every $1 in annual electricity savings that solar delivers, the property value of their home goes up another $20. Berkeley Lab Illuminates Price Premiums for U.S. Solar Home Sales – Berkeley Lab – Berkeley Lab News Center (lbl.gov)

Solar Energy Systems provide your family with utility savings, increased property value, and ultimately Energy Independence. Partner with Clean Solar today to learn how you too can become Energy Independent!