4 Ways Solar Panels Will Save You Money In The Long Run

Solar Panels are the thing to invest in if you are trying to become more environmentally efficient. They use sunlight to create energy for your home. Cutting down on electricity bills is a bonus of this also. Are you trying to find ways to be more energy-efficient and save money on your monthly bills?
There are many ways to achieve that and solar panels are one of them. It can seem like a large cost, but many states offer discounts and in the long run, it will save you money. E3 Power and our staff are highly trained and able to help you with all of the solar panel questions that you may have.

Saving Money On Your Power Bill

When you go with solar power panels you are not solely depending on them for every minute of power supply. You will still have electricity through the power company in your town. What is happening though, is you are reducing your carbon footprint by not using as much of it. Which in the long run is going to save you money because it is reducing your bill.
Instead of relying on your electric company to supply you with electricity one hundred percent of the time, you are only needing it in times when the sun isn’t shining. Possibly even less if you have had a lot of sunshine to put into reserves. The amount that you are shelling out to the electric company every month is going to go drastically down in cost.

You Can Get Tax Credits

When you make the decision to put solar panels on your home you can receive tax credits for making your home more energy-efficient. The amount of that all depends on your state and the credits that they offer. If your state is one that offers these incentives it can save you anywhere between $4,000 to $30,000 over a period of 20 years. You could live in a state that even helps cover the cost when you are making the transfer over.

Saves Money On Water Heating

This is another great way to save some money on your monthly bills by reducing your carbon footprint. You can put your solar panels and solar water heater panels side by side on the roof to consolidate everything to one specific area. Instead of relying on your electric company or gas company to heat your water, you can use your solar panels.
Solar Water Heating Panels are going to have the ability to be used as a tax credit also just like the regular solar panels. That is just one more added bonus to putting them in at your house. You will be so glad that you took the leap and did it.

You Can Get Metering Credits

In a nutshell, this is where the electric company buys back energy from you. It’s the surplus electricity you garner from your solar panel but do not use. Not all states allow it but for those that do, it’s a great bonus for those who have solar panels. In a time when it’s important to lessen our footprint and be environmentally minded Solar Panels are a great option.

Call Us Today For Help

The staff at E3 Power is highly trained and educated in answering any of the questions you may have about solar panels. We would be more than happy to help you find the right fit for your home. Call us today to get started on making your energy bills cost less and becoming more energy efficient.

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303-292-1233

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