Are you looking for a long-lasting solution that will help you offset the rising cost of energy? Installing solar battery storage in your home plays a significant role in your home energy management. Solar battery storage allows homeowners to harness free and renewable solar power and utilize the energy for their daily needs. Conventional power from the grid is prone to an outage and is expensive. It also increases your home’s carbon footprint.
With solar battery storage, you are guaranteed of constant, sustainable, and renewable energy supply. While the initial costs can be high, solar energy is cheap in the long-run. That is why many homeowners are switching to this reliable green source of power. If you are looking for efficient and cost-effective energy for your home, consider solar battery storage. Let’s see some of the financial benefits of having solar battery storage in your home.
1. Increased Home Value
In one study, Lawrence Berkeley National Laboratory illustrated how the average solar system installation increases a home’s value by $15000. When a homeowner purchase and installs a solar panel on their premises, the process is viewed as a home upgrade just the same way a person renovates a kitchen. Thus, this action increases the premiums as solar homes tend to sell for more in the market.
2. Energy Independence
When you install a solar battery storage system, the investment gives you energy independence. Batteries allow homeowners to store any excess solar energy and use it later. With solar power, you are not operating under the mercy of commercial power grid systems. You can add new appliances into your home with worries of rising costs of energy.
3. Lower Energy Bill
We all know how high energy costs can go. A typical American family spends an average of $1,450 a year on electricity alone. Saving on utility costs enables you to divert your money to other uses. Installation of solar panels reduces your electricity cost by up to 30% but with more solar panels and storage batteries, you can save more! With the help of storage batteries, the energy cost will reduce drastically since you can store the excess energy for later use.
4. Tax Benefits & Incentives
Depending on your state, when installing a solar battery storage system, you benefit directly from tax offsets. States like New Jersey exempt their residents from solar sales and installation taxes. A homeowner who installs a solar panel plus a storage system can claim up to 26% on tax exemptions.
California homeowners will also have access to the Self-Generation Incentive Program (SGIP), which provides rebates on emerging energy distribution systems – such as solar battery storage.
Whichever state you are in, it is recommendable to speak to a reputable solar professional who will familiarize you with tax exemption benefits in your State. For those residing in California, you can visit or contact Solar Optimum to know the financial benefits of installing solar battery storage in your home.
Achieving Energy Peace Of Mind
If you already own solar panels or you’re considering installing them, accompany them with reliable battery storage systems. At Solar Optimum, we are a top-notch solar provider servicing many residential areas in California. We provide solar panels, inverters, and battery storage among other solar energy accessories and components. Contact us today and our professional team of Energy Consultants will be happy to assist!
