Financial benefits for homeowners
The financial benefits of switching to solar
Making the move to home solar means saving money and making the right choice for a greener planet. Once you’ve made the transition, your investment pays off for decades to come.
Reduce your energy bills
Any power produced by your solar panels is power you don’t need to purchase. Simple.
Increase the value of your home
Solar panels boost your home’s value, just like a new kitchen, bathroom or extension.
Benefit from tax incentives
Many governments encourage investment in solar energy by offering tax incentives.
Key advantages
With the sun as an abundant energy source, solar offers a clean and dependable energy solution. Let’s explore together the key advantages of solar energy for homeowners.
Lower
electricity bills
As soon as your solar panels are installed, you start generating electricity from the sun. This means you have to buy less electricity from your utility company, which in turn lowers your electricity bill.
Securing
your power supply
Imagine having uninterrupted electricity, even when the grid faces disruptions. With your self-generated solar energy, and the addition of battery storage, you can secure a consistent power source, no matter the weather or the hour.
Contributing to a greener world
Every watt your home's solar panels produce decreases your reliance on energy from polluting fossil fuels. Installing solar panels won't single-handedly solve the problem, but it's a meaningful step you can take today to support a larger cause and to adopt a more sustainable lifestyle. Zero effort required.
Finance options
Did you know that almost 80% of people that switch to solar energy do so with their own capital? This is where local incentives can help. Financing options are available to fit any budget, including tax incentives, solar loans, leases, or power purchase agreements (often called PPAs).
Tax incentives
Getting solar panels for your home is becoming more and more affordable, thanks to various governmental tax incentives around the world.
Solar loans
While paying for your solar panels up front is great for saving and quick energy bill reductions, it might not be possible for everyone. That's why some homeowners choose to get a loan to help pay for their solar panels.
Leases and PPA
Homeowners can lease solar panels or enter into a Power Purchase Agreement (PPA), where you pay for the electricity your panels generate.
Finance FAQs
Do solar panels add value to my house when I sell it?
Are there any government incentives or tax breaks available for installing solar panels?
How much can I expect to save on my energy bills after installing solar panels?
What's the average payback time for a home solar panel installation?