Like we talked about in our recent behind-the-meter blog, owning property can be expensive!
But what if you could use the property you own—your home, farm, or business—to help you save money?
Everyone likes saving money, so in this post, we’ll talk about how going green with a solar energy system can help you do just that. At Solar Sam, we love being able to provide our Missouri and Illinois solar customers with clean, green energy and quality solar solutions. And we really love helping folks in Missouri and Illinois achieve both energy savings and cost savings.
Let’s take a closer look at how to go green and save green at the same time!
Save Big with Solar: Energy Savings, Electricity Savings, and Cost Savings
Since buying a solar energy system costs money up front, many people wonder if they’re really going to save money by going solar. The answer, in short, is a resounding YES!
Sure, there’s an initial outlay of cash to put the system in place. But as soon as your solar panels (also known as a “solar array”) are up and running, you start seeing electricity savings and cost savings on your monthly power bill right away! Over the life of your green energy solar system, it’s possible to see an average savings of $10,000-$30,000. That’s huge.
Of course, the actual amount you’ll save depends on several things, like:
- How much direct daily sun exposure your panels have
- The angle of your roof (which affects sun exposure)
- Size of the solar energy system you install
- Local electric rates
Surprisingly, your local electric rates will likely make the biggest impact on how much you can save with solar. What you’d normally pay through your local utility or co-op will be what you save by going solar. Solar energy is essentially free once you own your panels.
Keep in mind, too, that utility rates generally go up every year to the tune of about 2%. But with solar, your rates won’t go up!
Tax Credits and Incentives Help You Save
The only real cost for a solar energy system is the up-front cost of purchasing the solar array. After that, you’ll only pay for:
- any electricity that your solar system doesn’t fully offset (which can be remedied by purchasing an appropriately sized system up front)
- regular maintenance and solar panel cleaning (which is free for 3 years with Solar Sam)
- any additional components you choose to add on to your system, like batteries
There are also amazing federal and local tax credits to help offset the initial cost of your solar panels. Check with local utilities, cities, and your state to see what else might be available locally to help you pay for your system.
Note: If you want to maximize the federal Renewable Energy Credit, you’ll want to buy sooner than later. These credits begin to “step down” (decrease over time) this year.
In some cases, depending on your local utility company, you may even be able to “sell” excess power generated by your solar panels (above and beyond what you need). It would then go back to the local power grid, and you could earn energy credits. This is known as net metering and can help you realize even bigger cost savings over the life of your solar panels.
Go Green and Save Some Green with Solar Sam
The future of energy is here, and it’s out of this world!
Solar Sam helps you power up with the top brands, the latest tech, and the highest quality solar panels for residential, commercial, and agricultural applications. But that’s not all we can do! We are a fast growing, local provider for Missouri and Illinois of many top-rated energy saving solutions, including electric vehicle charging stations and beyond.
With Solar Sam, it’s so easy to go green and start saving some green! From a free consultation to hassle-free installation, our simple process helps you score big with electricity savings right away.
All you have to do is fill out this quick form on your Illinois or Missouri solar needs, and we’ll be in touch to get the process started. You can even get a free solar design and proposal!
Also, be sure to check out our incredible monthly deals to save even more. Let Solar Sam help power your life with green energy run by the sun!