SOLAR EDUCATION
How Can Solar Help You?
Reduce Your Electricity Bills
Installing a solar photovoltaic (PV) system will immediately offset your electricity usage, saving you money and reducing your carbon footprint. This is done through a program called “Net Metering”, check out our FAQ section on Net Metering to learn more about how it works.
Insulate Against Rising Utility Costs
Research shows that electricity rates have risen, and will continue to rise approximately 4% annually nationwide. Homeowners and business owners alike can insulate themselves against this rise in cost with a solar PV installation. As the solar PV system maintains similar energy production throughout its 25 year plus lifespan, and utility rates continue rising, the savings from a solar PV system increase exponentially over time. Check out this article from EnergySage to learn more.
Take Advantage of Rebates
Two major rebate programs are available to residents of North Carolina who install a solar PV system by the end of 2022. Between the two programs, approximately 40%-60% of the total system cost can be sequestered through rebates. This is a great instrument in reducing the initial return on investment (ROI) of a solar PV system. Check out our FAQ page to learn more about the two rebate programs mentioned above.
Gain Energy Independence
Installing a solar system will not only allow the purchaser to gain energy independence, but also the nation! Through installing a solar PV system with battery backup, homeowners and businesses can continue to produce electricity and remain energized during a grid outage. A solar PV system will also allow the US to gain energy independence by reducing our reliance on foreign energy sources such as natural gas, coal and oil.
Environmental Benefits
Installing a solar PV system is a great way to reduce your carbon footprint. An estimated 40% of all US carbon emissions are produced by buildings across the country. The average solar PV system for a homeowner can offset about 3-4 tons of carbon emissions per year. Check out this article from EESI to learn more about carbon emissions from US buildings and this data from the EIA about average carbon emissions per kWh.
Company Branding
As global climate change continues to change our world, consumers are rewarding companies who prove to be environmentally responsible. Solar PV installations are a great way for a business actively become more environmentally responsible. Going solar will improve a company’s culture and values, provide a strong investment opportunity and show the local community how invested the company is in our ever changing environment.
Make a Sound Investment
Solar PV systems have proven to be beneficial investments in both the residential and commercial markets. The attractive ROI’s for solar systems are not only a benefit to the owner’s bottom line, but are also beneficial in increasing the value of a building. Check out these three articles from CNBC, the EERE with Energy.gov, and EnergySage to find out more about how solar can increase the value of a property.
