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Savings With Solar Power

Explore how much you can save with your solar investment

How Can Solar Panels Save Me Money?

Wish to cut costs and help the environment at the same time? SolarSME has the perfect solution for you! Installing a solar panel system can lower your energy costs as well as carbon emissions. Savings with solar are long-term, and will only grow further once you have recouped the initial investment in the system. Whatsmore, you can maximize your savings by taking advantage of solar tax credits and rebates. If you choose to sell your house in the future, solar panels may increase its worth. Let’s take a look at the cost-saving benefits of solar panels!

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How You Can Lower Your Monthly Electricity Bill?

One of the best ways to reduce costs is to use solar power, which provides free electricity once installed. If your solar power system is powerful enough, you can use it to run all of your home’s devices, day and night. The only cost you’ll have is for whatever power your house needs that your solar system is unable to supply. By implementing an appropriate system, it is possible to lower your electricity costs by up to 90%.

Interested in halfing your electricity bill? Let’s Explore SolarSME’s Residential Solar Services and start your solar journey today!

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What Are The Solar Rebates Programs For Different States In The U.S.?

Homeowners can benefit from solar rebates and incentives to reduce the initial cost of solar panels. When you purchase solar panels for your home, you often qualify for a rebate, which can come in the form of a “cash-back” or direct discount. Additionally, many states offer Solar Renewable Energy Certificates (SREC) and solar incentives by state. After installing your solar power system, you can report its operation and receive solar renewable energy credits (SRECs) from the state government.

Check out our Solar Incentives by State to find out how much you can save in your area!

The Costs Of Solar Panels And How They Affect Home Value

What is the cost of solar panels, and how does it increase the value of your home? After solar tax incentives, the typical cost of a solar panel system varies depending on how many solar panels you need. Adding solar to your home; though, can increase the value of your house considerably. According to studies, installing one kilowatt of solar panels can raise the resale value of your house by about $5,911, or 4.1%.

Curious about solar panel pricing? Visit our Solar Panel Cost Guide for detailed insights and get a personalized estimate! 

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Understanding The Solar Payback Period

The solar payback period is the amount of time it takes for the savings on your electricity bills to cover the solar system cost. After installation costs are covered by your savings, the panels essentially pay for themselves! To calculate this period, divide the system’s total cost (after discounts and incentives) by your annual energy savings.

Learn more about the payback period in our Solar Payback Period Guide.

Can A House Run Only On Solar Power?

It is possible for a house to run 100% on solar power, but whether this is possible will require some calculations. Your objectives for energy consumption must be matched with the quantity and power output of solar panels. SolarSME can evaluate your home’s ability to run entirely on solar energy.

Let us evaluate your home’s solar potential! Contact our Residential Solar Services for a free assessment.

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Cutting Down Home Energy Costs

The number of solar panels you will require depends on your plans for energy use. Batteries are required to store excess energy generated during the day for use at night. A smaller system can be established for people who wish to meet a lesser amount of their energy needs.

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Connecting To The Grid – Why It's Important

Solar panels don’t produce power during cloudy days or at night; they only generate electricity during the day. Batteries can be costly even if they are able to store energy for use during emergencies. Most homes are still linked to the grid, so they can still obtain electricity in case they need it, even if the installed solar panels supply the majority of their energy needs.

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The Advantages Of Solar Incentives And Financing

There are several solar financing alternatives available to make the installation of solar panels more affordable. Solar energy can be a terrific way to save money. SolarSME offers financing options to meet your budget, from flexible to 0% APR. State and federal discounts, and incentives only increase potential savings. Check out our Solar Financing Services for more details.

Want to learn more about financing your solar system? Visit our Solar Financing Services and start saving today!

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How To Get Started With Solar Savings

Are you prepared to switch to solar? Getting the most out of your solar system is very important. Solar SME provides knowledgeable, customized solar power system solutions. Get a free quote right now!

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