When you add solar panels to your Columbus, OH home, you not only do your part to save the environment, but you also could see major financial returns on your investment. There are a number of ways that solar panels can potentially benefit both your home and your wallet. Read more about solar benefits in your area below!
Potential Electric Bill Savings
When you produce your own energy, you are able to rely less on the grid and potentially reduce your electric bill over time. These cumulative savings can add up month to month and eventually could equate to thousands of dollars in energy savings over the lifetime of your solar array.
In the event that your solar panels produce extra energy, you can in some cases sell your excess energy back to the grid for credits on your future electric bills. This means that you get to benefit from even the solar energy that you don’t use personally!
There will be times that your solar panels won’t be producing energy for your home, such as at night. In cases where solar energy isn’t enough, the grid can fill the gaps. When you sell back energy through net metering, you can preemptively pay for any time when you rely on the grid for electricity.
Protection From The Effects Of Outages
With the help of a Pink Energy battery backup, you can protect your home from the effects of outages and keep portions of your home running if the grid goes down. Your Pink Energy battery backup can store excess solar energy produced by your panels to be used either at night or if the power goes out. This gives you a reliable source of electricity that you can count on.
Federal Tax Credit
When you purchase your solar panels outright, either with cash or through a loan, you can claim up to 26% of the installation cost on your tax return.5 This percentage will be dropping to 22% at the end of 2022, so it’s a good idea to consider solar before you miss out on that extra 4%!
Go Solar With Pink Energy Columbus
If you’re still wondering how solar panels will work for your Columbus home, contact our local Pink Energy consultants today! We’ll be happy to evaluate your home and create a solar solution that will work for you and your family for years to come.