If you’re facing rising electrical costs, solar-powered electricity can offer you a cost-saving alternative. It also eliminates your dependence on your local utility company. Are you wondering if these panels work on cloudy days? No worries; the sun still emits energy through clear and cloudy skies. Solar power offers year-round efficiency and savings, even in colder climates. Depending on the size of the system, its efficiency and the how your home faces the sun, some solar panels actually generate more electricity than your home consumes. This could decrease your monthly electric bill to zero. You can actually qualify for a rebate if your solar power system produces excess electricity. This depends on the area you live in, so check with your area’s solar power guidelines.
For commercial and industrial users of electricity, the tax incentives offered on solar power plant by the Government of India are quite attractive, and make adoption of solar power a thriving and sustainable reality. To encourage the adoption of solar power by commercial and industrial users, GoI offers accelerated depreciation of capital assets associated with solar power plant. The current rate of acceleration which can be claimed in a year is %40.
Global climate change is a growing concern. Solar power reduces reliance on fossil fuels such as oil, coal and natural gas. When fossil fuels are used to create electrici-ty, they produce harmful gas emissions that affect the safety of air, water and soil. In contrast, solar energy produces no pollution. The sun's power offers an unlimited source of energy that does not strip the landscape or harm the ozone layer. The U.S. Environmental Protection Agency recommends switching to renewable energy sources – since these systems emit lower carbon emissions. Solar energy systems represent an investment in the future of the planet, conserving non-sustainable energy sources and protecting the environment for the next generation.
Domestic oil reserves continue to decline, so alternative energy sources are becoming more important than ever. Solar power reduces the nation's critical reliance on foreign oil, which is subject to dramatic cost fluctuations, and diminishes the risk of power shortages caused by disruptions in overseas oil supplies. Because solar power offers clear benefits over conventional power sources, more and more homeowners are making the switch to this clean, safe and affordable energy source every year. Considering converting to solar power? With Sunrun, you can choose to only pay for the solar power, not the solar panels, so you can save %20 on your electricity bill.* Get your free solar quote today
The cost of solar power has dropped dramatically in recent years. Many homeowners who are planning to sell in a few years, could make a smart investment by retrofitting with solar panels today. Panels require almost no maintenance, since there are no moving parts to break down. Plus, newly designed solar panels have slimmer profiles and sleek trims that blend much more seamlessly with traditional roofs.
