Solar energy is a clean, renewable, and sustainable source of energy that has numerous benefits for homeowners in Etowah, Arkansas. One of the main advantages of solar energy is its ability to reduce electricity bills. With the abundance of sunlight in Etowah, homeowners can harness this energy to power their homes, significantly reducing their reliance on traditional grid electricity. This not only saves homeowners money, but it also reduces their carbon footprint and helps combat climate change. Additionally, with net metering policies in place, homeowners can even sell excess solar energy back to the grid, further reducing their electricity costs. Another benefit of solar energy for homeowners in Etowah is its reliability and independence. Unlike traditional electricity, which is subject to power outages and fluctuations, solar energy provides a consistent and reliable source of electricity. This is especially beneficial in rural areas like Etowah, where power outages can be more frequent. By investing in solar panels, homeowners can have peace of mind knowing that they will have a steady supply of electricity, even during severe weather events. Furthermore, solar energy allows homeowners to become more self-sufficient and independent, as they are no longer reliant on utility companies for their electricity needs.
This can be particularly beneficial for homeowners in rural areas who may not have easy access to traditional grid electricity. In addition to the financial and environmental benefits of solar energy, there are also a number of social benefits to consider. Solar energy can help to improve air quality, create jobs, and boost the local economy. By investing in solar energy, homeowners in Etowah can help to create a cleaner, healthier, and more sustainable future for their community. * Solar panels can generate free electricity for homeowners, which can significantly reduce their monthly electricity bills. * Studies have shown that homes with solar panels sell for more money than homes without solar panels. * Solar energy is a clean, renewable source of energy that does not produce greenhouse gases or other pollutants. * Solar energy can help to improve air quality, create jobs, and boost the local economy. Overall, solar energy is a smart and sustainable choice for homeowners in Etowah, Arkansas. It offers a number of financial, environmental, and social benefits that can make a positive impact on homeowners' lives and their community.
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 Etowah is 0.10 Cents per Kilowatt Hour.
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.
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 Etowah.
Solar energy is a renewable, carbon-free resource so it can help Etowah 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 Etowah . 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 Etowah, 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.
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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