Solar energy has become a popular choice for homeowners in Gordon, Alabama due to its numerous benefits. One of the main advantages of solar energy is its cost-effectiveness. By installing solar panels on their homes, homeowners can significantly reduce their electricity bills. In fact, according to a study by the U.S. Department of Energy, homeowners who switch to solar energy can save an average of $20,000 over a 20-year period. This is because solar panels generate electricity from the sun, which is a free and renewable source of energy. This means that homeowners can rely less on traditional fossil fuels, which are becoming increasingly expensive. Furthermore, with the cost of solar panels decreasing in recent years, homeowners can now invest in solar energy at a much more affordable price.
Aside from cost savings, solar energy also has environmental benefits that make it a good choice for homeowners in Gordon, Alabama. Solar energy is a clean and renewable source of energy, which means it does not produce any harmful emissions or contribute to air pollution. This is important for the environment, as traditional forms of electricity generation, such as coal and natural gas, release harmful carbon emissions that contribute to climate change. By switching to solar energy, homeowners can reduce their carbon footprint and help combat climate change. Additionally, solar energy systems have a long lifespan, with most solar panels lasting up to 25 years. This means that homeowners can continue to benefit from clean and renewable energy for many years to come. Overall, solar energy is a sustainable and environmentally-friendly choice for homeowners in Gordon, Alabama, making it a good investment for both their finances and the planet.
A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².
The average residential electricity rate in Gordon is 0.13 Cents per Kilowatt Hour.
There are 20 solar policies and incentives in the state of Alabama. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy. View all Incentives and Tax Credits in Alabama on dsireusa.org.
At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in Gordon.
Solar energy is a renewable, carbon-free resource so it can help Gordon to combat greenhouse gas emissions and reduce dependence on fossil fuels. While there are what some call hidden carbon footprints regarding the manufacturing of solar panels, once installed, it is carbon free. In order for the panels to be carbon neutral meaning save more than was used during manufacturing, the solar panels will need to be in operation for 3 years. After these 3 years, the system will remain carbon neutral for the rest of its lifespan. The carbon footprint of solar panel’s is around 20% less than the carbon output of electricity sources powered by coal. Furthermore, for a system size of 6kw, there is a reduction of around 6.3 metric tons of carbon emission per year.
The Solar Investment Tax Credit, also known as the Federal Solar Tax Credit, aims to help grow solar energy in the United States. In order to help reduce the initial cost of solar, all U.S. solar customers are eligible for a tax credit for 26% off their solar system if it is installed and turned on, generating power, by the end of 2022. This tax credit can be claimed by any U.S. homeowner as long as the system is on your primary or secondary residential location. This incentive is time sensitive as in 2024 it will not be available to homeowners. Additionally, the percentage decreases in 2023 to 22%. Learn more about the Federal Solar Tax Credit at Energy.gov.
The National Renewable Energy Laboratory says that installing solar panels is viewed as an upgrade and homebuyers across the country are willing to pay a premium for the economic and environmental benefits of a solar home. Additionally, homes with solar panels often sell faster than those without. The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Gordon . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.
It is no surprise that electricity costs have been increasing. The cost of electricity has risen dramatically in the last ten years and that trend is expected to continue in Gordon, Alabama. Read more about the rising electricity costs on Energy Information Administration page. According to the Energy Information Administration, the average nominal retail electricity price paid by U.S. residential electric customers rose at the fastest rate since 2008, increasing 4.3% from 2020 to 13.72 cents per kilowatthour in 2021. Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.
All facts, figures, and information contained on this pages are generalizations for information purposes only. The specific figures for your address may vary. The Solar landscape is constantly evolving but here a few additional resources for you to stay up to date https://www.eia.gov/, https://www.seia.org/resources and https://www.energy.gov/solar.
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