Installing solar panels on your home or business has many advantages. The costs associated with installation have dropped significantly in recent years and, with proper maintenance, the savings can be substantial. Here are three important benefits of investing in solar power.

1. Environmental Impact

Solar energy is a renewable resource that doesn't produce emissions or waste. It's clean energy fueled by the sun and is capable of powering homes and businesses without creating pollution or depleting resources. This means that using solar power actively reduces your carbon footprint and helps the environment. Moreover, since solar panels require little maintenance and can last up to 30 years, according to EnergySage, they can help reduce the long-term environmental impact of generating energy.

2. Cost Savings

A solar installation can significantly help free up budget space. Solar energy eliminates the need to purchase electricity from conventional sources, thus providing cost savings over time. While you will have to make an initial investment, the average cost of solar panels has decreased by nearly 70% since 2014, according to the U.S. Office of Energy Efficiency and Renewable Energy. Additionally, you can take advantage of federal and local incentives for switching to solar energy, which can further reduce upfront costs.

3. Reliability

Solar power is reliable and can provide energy in all climates, including the harshest of environments. Solar energy provides a consistent supply of energy because it is unaffected by outages, power shortages, or other disruptions that can occur with traditional grids.

While some people may think a cold or cloudy day could have a negative effect, solar energy works well in these conditions. As long as the sun is out, even if it's only for a few hours, people can still utilize solar power. Just ensure there are no obstructions in front of your panels, such as trees or buildings. Users should also be mindful of the slope and the orientation of their solar panels.

A solar installation can provide long-term benefits for both homeowners and businesses. The environmental, financial, and reliability benefits are hard to ignore. If you're thinking about investing in solar energy for your home or business, now is the time. All it takes is one call to get started and you'll soon reap the rewards of solar power. Contact our team at NV Energy, LLC today to get a free estimate on a solar installation for your property.