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SOLAR PANELS IN BRANCH, AR

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solar payback
AVERAGE PAYBACK
PERIOD
8 YEARS
solar money
20 - YEAR
SAVINGS
$20,150
solar casg
SOLAR PANEL COST
PER WATT
$1

THE BENEFITS OF SOLAR IN BRANCH

Solar energy is a clean, renewable source of energy that is becoming increasingly popular among homeowners in Branch, Arkansas. There are many reasons for this, including the long lifespan of solar panels, the low maintenance requirements, and the environmental benefits. Solar panels have a long lifespan, typically lasting for 25-30 years. This means that once installed, homeowners can enjoy the benefits of solar energy for decades to come. Solar energy systems require very little maintenance, making them a hassle-free option for homeowners. This not only saves homeowners time and effort, but it also reduces the overall cost of owning a solar energy system. Solar panels do not emit any harmful greenhouse gases, making them an environmentally friendly option for homeowners in Branch, Arkansas. Another major benefit of solar energy for homeowners in Branch, Arkansas is the potential for significant cost savings on their electricity bills. With the abundance of sunlight in Arkansas, homeowners can generate their own electricity through solar panels, reducing their reliance on the traditional grid. This can result in significant savings on monthly energy bills, especially in the hot summer months when air conditioning use is high. Homeowners can also take advantage of net metering, which allows them to sell excess energy back to the grid, further reducing their energy costs. This not only helps homeowners save money, but it also provides them with a sense of energy independence and security. Overall, the financial benefits of solar energy make it an attractive option for homeowners in Branch, Arkansas.

If you are interested in learning more about solar energy, there are many resources available to you. You can contact a solar installer in your area, or you can visit the U.S. Department of Energy's website for more information. In addition to the environmental and financial benefits mentioned above, there are a number of other benefits of solar energy for homeowners in Branch, Arkansas. These include: * Studies have shown that homes with solar panels sell for more money than comparable homes without solar panels. This is because solar panels are seen as a desirable feature by many homebuyers. * There are a number of federal and state tax incentives available for homeowners who install solar panels. These incentives can help to offset the cost of purchasing and installing a solar energy system. * Solar panels provide homeowners with peace of mind knowing that they are using a clean, renewable source of energy. They also help to reduce homeowners' reliance on the traditional grid, which can be a source of anxiety during power outages. If you are considering installing solar panels on your home, be sure to do your research and compare different solar installers in your area. You can also contact the U.S. Department of Energy for more information.

LITTLE BIT MORE ABOUT SOLAR PANELS IN BRANCH

solar panels
3.75 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

solar panels
0.08 ELECTRICITY RATE

The average residential electricity rate in Branch is 0.08 Cents per Kilowatt Hour.

solar panels
26 INCENTIVES AND TAX CREDITS

There are 26 solar policies and incentives in the state of Arkansas. 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 Arkansas on dsireusa.org.

WHY SHOULD YOU CONSIDER GOING SOLAR IN BRANCH

  • YOU CAN SAVE ON YOUR UTILITIES BILL

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 Branch.

  • REDUCE YOUR CARBON FOOTPRINT IN Branch

Solar energy is a renewable, carbon-free resource so it can help Branch 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.

  • TIME SENSITIVE INCENTIVES

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.

  • IMPROVE THE VALUE OF YOUR HOUSE IN Branch

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 Branch . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

  • FIGHT AGAINST RISING ELECTRICITY COSTS IN Branch

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 Branch, Arkansas. 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.

SINCE 2018 PEOPLE IN ARKANSAS HAVE SAVED ON AVERAGE $20,150

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Disclaimer

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.

The Quote Match is part of an integrated solar and home services marketplace and is not a solar installer, contractor, or government agency.© 2022 All Rights Reserved.