For those diligent homeowners in Leander, Texas, switching to solar power may involve hours of research, investing effort to find the best deals and a high upfront transition cost. It is important to assess the risk-reward ratio to understand whether the change is worth the effort. We hope to make this decision easier by helping you understand what to look out for when making this important switch.
Here are the four advantages of switching to solar power that are encouraging residents of Leander, Texas, to undertake the change with confidence.
Solar energy is an environmentally sensible option to traditional power. Solar power is also swiftly becoming cost-competitive to power produced by fossil fuels.
The average solar power installation cost in 2010 was around $10 per watt. In 2022, the cost of installing a solar power plant at home has dropped to $3 per watt. So it is more affordable than ever to switch to solar power. With greater demand and technological improvements, the price of solar panels has decreased. Many state and federal tax breaks have helped to highly subsidize solar power installations for households.
Reduced Power Bills
Texas has experienced extreme weather phenomena in the past couple of years. Winter storms forced its power plants to shut down, leading to massive power cuts across the state, including Leander. After the winter storms, summer heat waves push people to crank up their ACs. With extreme cold and heat, people are witnessing a surge in energy bills. With solar power, you can reduce utility bills and save household expenses from spiraling out of control.
Appreciation in Property Value
According to a US Department of Energy study, homes with solar power systems are sold at a premium compared to homes without them. Installing solar panels is considered a home improvement that adds to the return on investment in your home.
It is also important to note that this home improvement does not attract additional property taxes either. In Texas, homeowners are exempt from paying any property taxes on installing a solar power system.
Lower Carbon Emissions
As your home switches to solar power, you reduce your carbon emissions. By installing and using a solar power system for the next 25 years, you will save almost 120 tons of greenhouse gas emissions. To put things in perspective, that is equivalent to planting around 4800 trees!
Green Power Energy can completely remove the initial stress of switching to solar, making it easy for you to make the right decision. From the panels you should choose to the tax breaks you are eligible for, Green Power Energy will assist you in managing this much-needed change to solar power.