5 Reasons You Need to Invest in Solar Right Now

Have you been considering going solar for years but always had an excuse? “It’s too expensive, it’s too complicated, the technology is still too new.” Well, we’re here today to explain to you five reasons why you should make the switch to solar right now. Between the savings you’ll earn, the ever-increasing damage of climate change, and the current technologies ready to be added to their forever home, here are five amazing reasons you’ll benefit the most by investing in solar right now.

1. The Prices of Traditional Energy are Ever Increasing.

You may look at the cost to install solar and think, “Well, this will help so much with climate change, but it’s way too expensive.” In actuality, you’re paying way more for traditional energy in the long run than you’d pay for solar energy in the long run. Yes, it’s true that the initial installation costs are hefty, but after that, the return on investment is going to make your wallet very happy. Also take into consideration how much traditional energy will keep rising over the next twenty years, as our limited supply of fossil fuels dwindles more and more. As it does, the prices of solar are going to continue to go up and up.

Another thing to think about: if you can’t install solar directly onto your home, you might think about choosing to go with community solar instead. If you do, you’ll be able to pay by the month to use a panel and won’t have to worry about paying for it all at once.

2. Solar Panels are the Cheapest They’ve Ever Been.

Again, it’s true that the initial install is a hefty sum. However, it is currently the lowest it’s ever been. While you might think, “okay, then I should wait for it to drop more,” this is actually not a great idea. The reason is two-fold: the tariffs and the expiration of the tax credit.

Trump’s new tariffs mean the prices of the panels from China - which make up a majority of our solar panels - are going to see a steady increase in price, meaning the prices of solar panels are actually going to start going up.

On top of that, the federal tax credit, while at 30% right now, will be completely phased out by 2022, with the percentage decreasing each year. You’ll need to install solar by December 31^st to get the 30% credit.

3. Solar Technology is the Best It’s Ever Been.

While you may think solar is a new technology, it’s actually been around since the 1800s, and it’s now the most efficient it has ever been. Your system is going to keep running up to 30 years. If you do have any malfunctions, you’ll have a warranty that most likely covers you up to 25 years. And with Tesla improving on the solar panel all the time, creating new storage systems and aesthetically pleasing solar shingles, now is the perfect time to start jumping on these new, beautiful technologies.

4. You Can Make Money on Solar.

A huge reason to start going solar right now is to start making money on it now so you’ll make even more money later when you have paid off its initial price. You can sell any excess energy you produce right back to your utility company to make money. On top of that, once you have solar installed on your home, it will instantly increase its asking price, meaning you’ll be able to sell your house for thousands more if you move before the end of their life cycle.

5. Saving the Earth is Crucial Right Now.

The UN just released a frightening report about how crucial it is that we focus on saving the planet right now. The best way to do that? Eliminate fossil fuels and focus on renewable energies. By going solar, you will help be the change to ensuring we don’t have to face the apocalyptic warnings that scientists are now saying are more frightening than ever before.

Want to learn more about the benefits of going solar? Check out the HahaSmart blog for daily updates!

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