Did you know that in 2019, the United States surpassed two million solar panel installations? If you are considering making the switch to solar energy but are not sure if Indiana solar panels are right for you, you are in the right place. We have put together this short guide to share the top benefits of making this move.
Keep reading to learn some of the reasons that you might want to say “yes” to going green.
1Lower Power Bill
One of the main reasons that people opt for solar panel installations is to save money. Most people notice a difference in their utility bills within their first month. In some cases, some homeowners have managed to completely eliminate their electricity bills every month.
With electricity rates on the rise, it makes sense to prep with solar panels today to save money in the future. We highly recommend searching “solar companies near me” to figure out what the cost of an entire system will be to cover the average power usage your home currently uses.
Another benefit of opting for a solar panel installation in Indiana is because the state is allowing homeowners to participate in net metering. As long as the solar energy system that you install is under 1 megawatt (MW) you qualify for net metering. This is when you are allowed to send any extra electricity that your home produces back into the grid.
This will appear as credits on your electric bill which you can use when your panels are not producing enough electricity to cover your needs.
3Property Tax Exemption
With new solar photovoltaic system installs in Indiana, the value that is assessed is exempt from your property taxes. This means that although your home value goes up in price, the added value will not count in your taxes when the property is assessed. Right now with the Indiana renewable energy property tax exemption, you have another money-saving incentive to make the switch to solar right now.
4Solar Easement Laws
The state of Indiana has solar easement laws that will help you work with your neighbors to make sure that your install is not covered by shade. You also do not have to worry about your home solar panels being blocked in the future by zoning and planning authorities if they ever build anything near your home.
Ready to Install Your Indiana Solar Panels?
We hope that now that we went over the top benefits of installing Indiana solar panels, you can make an informed decision on whether you want to contact a solar company right away and get a quote for your own home. Whether you are looking for tax incentives or to save money every month, there are quite a few great reasons to make the switch.
Did our blog post come in handy today? Feel free to browse the rest of our home improvement section for more tips and tricks.