Making the switch to a solar panel system to power your home will benefit the environment and can also help your bank account. There are several solar energy advantages that you can enjoy by taking part in the renewable energy movement.

According to recent information, however, only about 6 percent of U.S homeowners mention having solar panels installed already, with nearly 50 percent saying they are considering it.

If you are considering switching to cleaner energy, keep reading this guide and learn the top solar energy facts that you should know before making a decision.

1. The Incentives Being Offered

Right now, significant incentives are being offered by both state and federal governments to help influence individuals to go green and install solar energy panels to power your home.

At the federal level, they are offering a 26 percent tax credit to individuals that get their solar energy system installed before January 1st, 2023. If installed after that date, you are still eligible for a 22 percent tax credit for solar panel systems until January 1st, 2024.

2. Free Renewable Energy

One of the biggest advantages of solar energy over other energy sources is that it’s a free renewable energy source. Now, this isn’t to be confused with free energy rates. You will still have to pay for electricity usage.

However, the energy does come freely from the sun. You don’t have to put any work into generating the energy.

3. It’s Clean

Unlike the burning of fossil fuels to produce energy, solar energy is a much cleaner source of energy.

Information from the U.S Energy Information Administration confirms that solar energy systems do not produce greenhouse gases or other air pollution. The administration also mentions that installing solar energy can have positive implications and can help to reduce the reliance on other, more harmful energy sources.

4. The Cost

There is a cost associated with installing solar panels. Between the hardware, labor, and installation, the process does take time and can cost money.

With that being said, the cost to install solar panels is nowhere near where it used to be just a few years ago. Research from Harvard Business Review shows how solar installation costs have fallen 70 percent from where they were in 2011.

5. Improved Efficiency

Part of the reason why solar energy costs have decreased by so much over the past few years is the improved efficiency behind solar panels.

Companies like are improving their products to make them more efficient and cost-effective for individuals looking to switch to solar.

6. Does Not Need Direct Sunlight

Although solar panels are the most efficient when they are in direct sunlight, they can still work in partial sunlight. There is a common misconception about solar energy that many people believe it needs to receive sunlight 24 hours a day, seven days a week, to be effective.

That’s simply not the case anymore. It will generate more energy in full sunlight. But, they can still work if they are installed in a spot that receives partial sunlight.

Stay Up to Date With the Latest Solar Energy Facts

These solar energy facts tell you everything you need to know. Renewable energy sources and especially solar power, have come a long way in the past few years and will continue to improve the world around us. If you act quickly, you can take advantage of some incredible incentives to get you started.

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