Reducing Your Energy Bill

Submitted by Sunrise Solar on Fri, 07/19/2019 - 9:00pm
Owning solar

Switching your home or business to solar power may seem like a daunting task. But one of the biggest reason's individuals are making the switch is to reduce or eliminate those pesky energy bills. 

Reduce your Energy Costs

When you install solar panels on your home or business, your panels generate electricity to power all of your appliances, heating, and cooling systems. Modern battery systems can even store more of the electricity your panels generate to give you power throughout the night. 

So once your panels are installed, you will eventually start to see a reduction in the amount of money you pay out to your utility company each month. And with utility rates subject to changes in the market, a solar power system can insulate you from rising rates. 

Tax Credits Can Help You Save Money

Besides saving money through reduced energy costs, solar power users can experience additional savings through the state, federal, and municipal tax credits or incentives. Even Sunrise Solar has a customer referral program that can help you earn even more money and reduce the overall cost of your solar power system!

Solar Raises Home Values

Finally, studies have shown that the value of your home greatly increases with solar panels. Homebuyers are willing to pay an added premium (up to $15,000 depending on where you live) to move into a home that already has solar panels installed. Even though this is a deferred benefit, you can see that solar for your house is a worthwhile investment in the short and long-term. 

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