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HOW DOES SOLAR WORK?

1. Sunlight activates the panels

2. The cells produce electrical current

3. The electrical energy is converted

4. The converted electricity powers your home.

5. A net meter measures usage

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WHAT IS NET METERING?

On cloudy days and overnight, your solar shingles or panels may not be able to capture enough sunlight to use for energy; conversely, in the middle of the day when nobody is home, they may collect surplus energy—more than you need to operate your home. That’s why a meter is used to measure the electricity flowing in both directions—to and from your home.Your utility company will often provide credits for any surplus power you send back to the grid. This is known as net metering.

WHY YOU SHOULD SWITCH TO SOLAR?

1. Drastically reduce or even eliminate your electric bills.

Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.

 

2. Earn a great return on your investment

Solar panels aren’t an expense – they’re one of the best ways to invest, with returns rivaling those of more traditional investments like stocks and bonds. Thanks to substantial electricity bill savings, the average American homeowner pays off their solar panel system in seven to eight years and sees an ROI of 20 percent or more.

 

3. Protect against rising energy costs

One of the most clear cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three percent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs. If you’re a business or homeowner with fluctuating cash flow, going solar also helps you better forecast and manage your expenses.

 

4. Increase your property value

Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as homebuyers become more educated about solar, demand for properties equipped with solar panel systems will continue to grow.

 

5. Boost U.S. energy independence

The sun is a near-infinite source of energy and a key component of achieving energy independence in the United States. By increasing our capacity to generate electricity from the sun, we can also insulate our country from price fluctuations in global energy markets.

 

6. Create jobs and help your local economy

According to The Solar Foundation, the solar industry adds jobs many times faster than the overall U.S. economy. This growth is expected to continue. Because solar-related jobs tend to be higher paying and cannot be outsourced, they are a significant contributor to the U.S. economy.

 

7. Protect the environment

Solar is a great way to reduce your carbon footprint. Buildings are responsible for 38 percent of all carbon emissions in the U.S., and going solar can significantly decrease that number. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.

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