Many California homeowners choose to go with solar electricity for different reasons. Some clients like the idea of preserving the environment for future generations while other homeowners like the idea of saving money every month on their utility bill. Whatever your reasons may be, there are a number of benefits to garner when installing solar panels on your Southern California home.
Save Money with Solar Energy
The escalating cost of electricity in California is at an all time high. Over the past 35 years, California has raised the cost of electricity 6.5% annually and that is just the average. High energy users have had a substantially higher increase. At the time of the solar panel (photovoltaic) installation the cost may seem high and discourage buyers, but what these buyers quickly learn from Churner Electric is, most solar panel systems pay for themselves with the cost of savings within 7 to 10 years. Churner Electric’s solar panel (PV) system is designed to significantly reduce or eliminate your electric bill while also helping the environment.
Support Our Environment with Clean (Solar) Energy
As we know, fossil fuels are the leading cause of global warming and air pollution. Fossil fuels produce such large amounts of CO2 that it takes thousands of trees to absorb the amount of CO2 produced from a single fossil fuel. Solar energy reduces the amount of fossil fuel that is burned to produce energy. This in return reduces the amount of pollution and CO2 being produced into our environment. If there is excess energy produced by solar panels, customers are issued credits to apply to months when customer uses more electricity than they produce. This allows the electric company not to burn extra fossil fuel for other homes. Instead, these homes can be powered by another homeowner’s solar panels. Researchers claim the average solar PV residential system (based on 5kW), would save nearly 175 tons of carbon dioxide over its 25 year lifespan. This is equivalent to removing 32 cars from the road. It takes approximately 4,487 new trees to absorb that much CO2 produced by fossil fuels.
Add Value to Your Home
One of the greatest benefits for Southern California homeowners when switching to solar energy is the value a solar system adds to the appraised value of the homeowner’s property while not increasing the property taxes on the home. Solar panel systems are one of the few home improvements that can be justified in terms of return on invested dollars. The Real Estate Appraisal Journal demonstrated that the property resale value of a solar system can be 20 times the annual cost of energy saved.
Federal and California Tax Incentives and Rebates
Significant financial incentives are now available to encourage homeowners in California to use renewable energy produced by Solar Energy Systems. California State Governor Schwarzenegger recently passed a legislation which gave $2.9 billion to Californians who install solar electricity into their homes. Recently stated on www.gov.ca.gov.com
in an article titled, Governor Schwarzenegger Signs Legislation Promoting Solar Power, Energy and Water Efficiency, the Governor stated that he hopes to have a million roofs powered by solar by 2018. The California Solar Initiative currently contributes up to $2.50/watt for solar systems. If the solar panel system provides electricity for the residence, and meets applicable fire and electrical code requirement the homeowner will receive up to 30% of the cost as a tax credit or rebate. Along with Federal incentives of up to 30%, Californians could save up to 40% of their installation costs in the way of rebates and incentives. The solar systems must be installed before December 31, 2016 to receive the benefits.
Unlimited power is possible when your power is provided by the Sun. Do your part to help the energy crisis and reduce black outs. Solar energy is truly a renewable and sustainable source of energy and hazardous fossil fuels are not. Churner Electric can help reduce the dependency on expensive fossil fuels and help you produce your own electricity. This will help you save money and remove your carbon footprint from our atmosphere. The Earth receives more energy from the Sun in one hour than the world uses in a full year why not take advantage of that.
To learn more about the solar panel installation and to determine if solar panels might be right for your Southern California home, please contact us today