Solar panels are becoming increasingly popular with homeowners because of all of the benefits they offer. Maybe you are researching investing in solar panels for your home. As you read through all kinds of information, you may be wondering, “Is going solar the environmentally responsible thing to do?”
Remember the reliable, renewable energy reputation.
Some people get held up on the idea that although the panels themselves are energy saving, building the panels requires energy. This is true, but the solar power industry monitors all of this information carefully. The energy that it takes to make the panels is far less than the energy they are able to produce when completed.
Solar panels create reliable, renewable energy. The electricity that they emit is environmentally friendly in every way — no emissions, fossil fuels, or greenhouse gases are involved. This makes solar energy one of the cleanest sources of energy available. Going solar is definitely environmentally responsible.
Consider the change you can make in your costs and community.
You know you will need to find funding to go solar, which means stretching your budget a little bit. Yet you also want to do your part to help the environment as well as the economy. HFS Financial knows all about helping customers upgrade and update their homes in a variety of ways. We have been assisting homeowners for nearly 60 years with home improvements loans, and this, of course, includes adding solar panels.
The initial costs involved definitely pay off in the long run because of the money you save on your monthly usage costs. When your solar panel installation is complete, the power company keeps track of your solar power system for you. This helps you see the energy your system produces every month, as well as the energy that your home consumes.
Some months will leave you credits, because your system produces extra energy that your home does not use. In many states, this excess power your system produces is able to be sold back to the utilities company to be used by homes and businesses around you — adding that credit on your account. You not only help the planet but also boost your local economy when you choose to go solar. The relief to your pocketbook is an added bonus. Everyone wins this way! In months where you use more power than what you produce, your cost just comes out of your credits.
One other financial advantage to going solar is the current tax credit available for installing solar panels. The federal government is giving back a percentage of the original cost as a deduction on your owed taxes. This amount can even carry over to the next year if the amount you owe is lower than the credit. When tax deadlines roll around, this info is a welcome reminder.
Find financing with HFS Financial today.
It is very simple to apply today for ANY home improvement loan. Whether you need a new pool loan or a solar panel installation loan, we’re here for you. Take 60 seconds to apply now. We are also available at 1-800-254-9560 to answer questions. The environment will thank you for going solar, because it is definitely a responsible choice. With HFS Financial, “You Dream It, We Finance It.”