Solar panels are an expensive investment, but their benefits outweigh the cost in most areas. The best time to install solar panels is now and here are 5 reasons why you should invest in solar panels now.
1. Recoup Period: The sooner you install solar panels the sooner they will start paying for themselves. Installing them now means you can be quicker to a much lower electricity bill with no initial cost weighing you down.
2. Incentives: At least in the U.S. solar panels are federally incentivized, allowing for tax write-offs when you install solar panels. However, this decreases every year so the sooner you install solar panels the greater the tax benefit you can get from them, thereby lowering the total cost of solar panels.
3. Electricity Costs: Some places are seeing electricity costs increase rather quickly, and some places may find electricity cost spikes during specific events. Solar panels are a one-time investment and keep your electricity bill low even if rates go higher.
4. Surplus: As solar power explodes in popularity you can take advantage of the new and exciting market of solar panels and potentially score a good deal. Solar panel prices may go up in the future, so while it may be a gamble it may be a worthy investment to install solar panels now.
5. Environmental Benefits: One big reason to switch to solar is to reduce your carbon footprint. Switching to solar today can greatly reduce your carbon footprint right now, and into the future.
Solar panels are a great investment, and it is a great idea to invest in them now rather than later. Do not overlook the potential benefits of switching to solar today.
