Solar Energy Detroit knows and wants to highlight the solar power advantages in this largest city in Michigan. Though Michigan tends to have cloud overcasts frequently, the state has around 170 sunny summer days in a year. So, investing in solar energy or solar panel installations can be a smart move on your part. Some homeowners also complain about the efficacy of solar systems as Michigan has long winters and snowfalls. However, a little maintenance can help make solar energy a valuable option for homeowners in Detroit. So, now we will discuss the solar power benefits.
SOLAR POWER ADVANTAGES
Helps to Reduce the Electricity BillsWe know that you are really worried about the electricity bill at the end of each month. Keeping your electricity bill low is one of the most prominent solar power advantages.
The electricity charges in Michigan are higher than the national average, and once you install a solar panel at your home, it will start saving energy and pay you off the expenses in around ten years. Post that, you will be able to save around $23k every year as long as the equipment lasts. With a continuous revision and hike in the electricity bill, there is every possibility of saving more money with a solar system for the home. The more the electricity bill shoots up, the more you will save. |
Tax Benefits and IncentivesSolar systems also save your money by making you eligible for tax benefits and incentives. State and Federal governments are trying to people switch to renewable solar energy through these enticing policies. The most popular incentive available for solar installation systems is the Federal Solar Tax Credit or ITC. According to the ITC extension passed by Congress in December 2020, a person is eligible for a 26% tax credit for installing a solar system in 2020-22. In 2023, the tax credit amount will be 22%. Some other tax benefits and incentives for solar installation in Michigan are:
We think that these benefits are enough to entice proper owners to choose solar energy. We, at Solar Energy Detroit, offer help to clients in installing 400w and 600w solar systems. We are experienced in the field, and committed to offering the best solar solutions at the most affordable price. |
Good for the EnvironmentSolar, being a renewable form of energy, will be great for the environment also. It will help us use lesser fossil fuels, which are limited in resource and supply. Besides, we add many harmful elements, including greenhouse gases, to nature by burning conventional fossil fuels like coal, petroleum, etc. So, by choosing solar energy, we can contribute in a small way to preventing global warming and climate change. So, if you need to get a solar panel installed at your property, you can always reach out to Solar Energy Detroit for help. We will love to help you go eco-friendly.
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The Resale Value of Your Property Will be IncreasedIncreasing the resale value of your property is one of the greatest solar power benefits. A report presented by Zillow in 2019 suggested that homeowners can enjoy at least a 4.1% (national average) hike in the resale of their property by installing a solar system. This hike can get converted into $9274 more for the median-valued homes. The additional amount or hike is even slightly higher than this amount in Michigan. Here, the property owners can expect around a $10k hike in the resale amount of their property.
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