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Guide to Solar Energy and Home Performance

There are many ways you can reduce your energy consumption and save money on utility bills. One of the most affordable and accessible options is installing solar panels in your home. Home performance and solar energy are two different concepts, but they complement each other nicely.

Both improve the energy efficiency of your home and reduce your monthly utility bills. When combined, these two strategies can also help you qualify for state or federal tax credits that can offset the cost of installing solar panels on your home.

In this article, you will learn about the benefits of solar energy when used in combination with home performance enhancements. We’ll also explore ways in which these two ideas can work together to help you sell your home faster and for more money.

What is Home Performance?

Home performance is the process of improving the energy efficiency and indoor air quality of your home. There are many ways to do this, including installing insulation, sealing ducts and upgrading your HVAC system. Some improvements are costlier than others, and all have the potential to save you money over time. Home performance experts will typically conduct air sealing and insulation checks.

They’ll recommend solutions based on the current state of your home, and the improvements will vary from property to property. There are three main types of home performance improvements: Thermal, indoor air quality and electricity. Thermal improvements deal with insulation and sealing ducts to reduce energy loss. Indoor air quality improvements address the quality of air inside your home.

This is especially important if you suffer from allergies or other respiratory ailments. Electricity improvements include energy-efficient light bulbs, appliances and smart plugs.

Benefits of Solar Energy

Solar energy is, of course, the process of generating electricity from the sun’s power. It’s been around for decades, and it’s one of the most reliable sources of renewable energy. Solar panels are manufactured from silicon and other minerals, and they convert sunlight into electricity that can be used to power your home.

Solar panels are ideal for homeowners with limited roof space who want to reduce their dependence on the grid. Solar energy systems are also great at lowering your energy bills and adding value to your property. These systems can be installed on new homes or retrofitted into existing homes.

How Does Solar Energy Help With Home Performance?

Solar energy can help with home performance in two ways. First, solar panels can produce renewable energy that doesn’t emit harmful pollutants and greenhouse gases. They work at all hours of the day and don’t rely on fossil fuels, which means they don’t emit CO2 or other harmful substances.

Solar energy panels can also help improve the energy efficiency of your home. If you’re installing solar panels on your roof, you might be able to eliminate or reduce your need for grid electricity. You can use the excess electricity produced by your panels to power your home, which will reduce your monthly electricity bill. Solar energy systems are like mini power grids that can be installed on one or more sides of your roof.

They consist of solar panels, wiring, a solar inverter and a mounting system. Your power company will pay you for any excess electricity you generate.

Combining Strategies: Tax Credits and Equity

Solar energy systems can help you reduce your energy bills, save money over the long-term and qualify for state and federal tax credits. The savings you generate from tax credits will offset a portion of the cost of solar panels. Solar panels are measured by their energy output in kilowatts.

The higher the output, the more expensive the system will be. You can reduce the initial cost of a solar energy system by choosing a smaller, less expensive system. Solar energy systems are typically installed in one of two ways. You can either lease your system or buy it outright. If you lease your system, you will have a fixed monthly payment. If you buy your system, you’ll have a fixed monthly payment to pay off your loan.

Conclusion

Home performance and solar energy are two different concepts, but they complement each other nicely. Both improve the energy efficiency of your home and reduce your monthly utility bills. When combined, these two strategies can also help you qualify for state or federal tax credits that can offset the cost of installing solar panels on your home. Get in touch with us to learn more and get started.