- Written by Chris Minott
It's never been easier to enjoy the benefits of solar power. Continued technological innovation have made solar panels more affordable than ever before, and many homeowners are taking advantage of lease options, which eliminates their financial and maintenance-related responsibility for the panels while simultaneously slashing their household's energy spending.
According to a a study from GTM Research and the Solar Energy Industries Association, 2013's third quarter marked the largest quarter ever for solar or photovoltaic (PV) installations yet. Homeowners appreciate the fact that:
- In all but a few states, utility companies pay homeowners for excess energy generation by crediting future energy bills.
- Solar power is a key feature in sustainable homes or developments striving to meet net-zero or Passive House standards.
- A PV system scores LEED points both directly, and indirectly, depending on the percentage of the building's total energy consumption the system will offset. (Note: this point tally increases with the addition of a cool metal roof.
- According to Appraisal Journal, every $1 saved by a home's solar energy system increases the home's value by $20.