Solar panels allow you to harness the power of the sun to run your home or business. This form of energy has many advantages as it is sustainable, plentiful, and renewable. With over one million installations in the United States, solar panels are growing in popularity as homeowners start to realize the advantages of going solar for their homes. Adding solar to your home is one of the few things that will bring you significant savings on your utility bills with such a low-risk, long-term investment.
Two significant advantages of solar panels in New Mexico are that they work no matter where you are and are highly efficient. The Sun emits enough energy to Earth every second to satisfy the entire human energy demand for over two hours. With over 300 days of sunshine in New Mexico, this is the perfect place to install solar energy for your home.
One of the significant advantages of solar panels is that they may help you save money on your utility bills by providing energy to your home that comes from the sun. How much you save varies based on several factors.
New Mexico is a perfect place to install solar panels because the state offers excellent Solar Market Development Tax Credits. You get a tax credit of 10% for small systems between March 1, 2020, and December 31, 2027. Up to $8 million in tax advantages are granted every year on a first-come-first-served basis. You can also take advantage of federal tax credits of up to 26% for solar energy. Consult your tax professional for advice on how to maximize the benefits.
For consumers looking for energy renewal and environmentally friendly sources of power, the advantages of solar panels are appealing.
Another of the advantages of solar panels is that they require very little maintenance; they have no moving parts to wear down over time. It’s a good practice to clean them every six months or so, something you can do on your own, or you can hire a professional company to do it for you. The inverter, the component that converts the solar power into electricity and heat, should last up to 10 years before you need to replace it. Cables need to be monitored and maintained to maintain peak efficiency. Most solar panel systems come with a warranty that lasts up to 25 years.
A lesser-known benefit of installing solar panels is the protection they offer your roof. The panels keep the rain, snow, and blowing objects from damaging your shingles. They also absorb some of the heat from the sun, reducing the temperature inside, so your home is more energy-efficient.
Adding solar panels to your home is an upgrade, just like remodeling a bathroom or kitchen or adding on a room, and may increase your home’s value. Real estate studies find that buyers are willing to pay more for premium features like solar panels and that homes with solar sell 20% faster. Not only does solar add value to your home and make it more marketable when you’re ready to sell, but has the great benefits of added savings for your utility bill.
Poulin Solar Pro is the number 1 rated solar installer in New Mexico. Whether you’re making the switch to solar in your existing home or looking to integrate solar panels into new construction, we can help. Contact us today for a free quote and a thorough understanding of how solar energy works and how you can benefit from it.
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