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What Are the Economic Benefits of Renewable Energy?

From saving money to saving the planet, there is no shortage of reasons to go solar.

Here are a few of our top picks benefits of solar panels in homes. Go solar for $0 down in San Antonio with Speir Innovations

#1 $0 Down

With a solar loan, you can finance your solar energy system with no upfront cost

CPS rebates for installing solar panels with Speir Innovations

#2 Rebates

Many utility companies have rebate programs in place that further decrease the cost of your system

Federal Tax Incentives for installing solar panels on your home in San Antonio Texas with Speir Innovations

#3 Tax Incentives

Claim 30% of the total cost of your system at the end of the year. Any remaining credit can be rolled over through 2021.

Reduce or eliminate your electric bill with Solar Panels from Speir Innovations

#4 Reduce or Eliminate Your Electric Bill

Your solar payment replaces your electricity bill and is usually less expensive. A system that meets 100% of your electricity needs means that you will save money and have all your energy needs covered with one predictable low payment.

Make money by installing solar panels from Speir Innovations in San Antonio Texas

#5 ROI

You will make your money back and more! With solar, you will see consistent, long term returns in the form of savings, i.e. the money you didn’t have to spend on electricity. Unlike an ROI in the form of income, an ROI in the form of savings is not taxable, which means more money in your pocket.

avoid rising energy costs by installing solar panels from Speir Innovations

#6 Avoid rising energy costs

Electricity prices fluctuate, and they are projected to continue increasing in the coming years. Solar energy guarantees that you will have fixed energy costs. As electricity prices continue to increase, so do your savings and avoided costs with solar.

Increase the value of your home by installing solar panels from Speir Innovations in San Antonio

#7 Increase the Value of Your Home

Studies have shown that homes with solar energy systems see an increase in the value of $3/watt on average. This means that a standardly sized 5kW or 6kW system could add between $15,000-$18,000 of value to your home.

Install solar panels from Speir Innovations and reduce carbon emissions

#8 Preserve the Environment

Help the environment and yourself. Solar panels produce 0 emission electricity which means you’re reducing your carbon footprint while powering your home.

Help the United States become energy independent when you install solar panels from Speir Innovations

#9 Increase US Energy Independence

There is no shortage of solar energy, and by choosing to harness this source of power, we reduce our dependence on imported oil which is costlier and contributes to pollution, and you will have the advantages of renewable energy in points.

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