Are solar panels worth it in 2021? The short answer: yes. Today’s rooftop solar systems are sleek and can integrate into the design of your home while allowing you to produce your own energy.
The idea of going solar, however, can understandably cause a little hesitation. But what is important to know is that this technology is moving to the mainstream, and thus becoming less intimidating to the masses. Every day, more and more people purchase solar, while year after year the technology improves.
Remember, it’s important that your decision to go solar be based on smart finances. Our criteria for judging the worth of solar is based on its ability to help our homebuyers free themselves up financially. Here are the core reasons you should get started today:
- You Customize Your Solar System
At LifeStyle Homes, we believe that solar panels on new construction homes are ideal because of the custom design factor. What makes new construction exciting is the prospect that you can define the size and type (rack-mounted or integrated tile) that works best for you. This ultimately means that you decide the amount of energy your home produces and how much you save on your energy bills.
- Ace Your Energy Bill Goals
Solar benefits begin the very day your system is installed. Whether you choose a “starter” solar system or choose to go “all in” with a zero-energy solar system, your goals of reduced monthly energy bills will be realized. And keep in mind, your LifeStyle home will be super energy-efficient to start through our SunSmart program, meaning your home may require fewer panels to reach your solar savings goals.
- Take Advantage of the Tax Credit Extension
And speaking of managing your savings, homebuyers who opt for a solar system will be able to take advantage of the 26% Renewable Energy Federal Tax Credit which has been extended through 2022. This is excellent news as this tax credit was supposed to decrease in 2021 and phase out completely in 2022. To put this in perspective, here are some numbers to consider: Say your solar system retails for $15,000. With the tax credit, your income tax liability will decrease by $3,900 (26% of $15,000), making the actual cost of your solar system $11,100. At LifeStyle, we always recommend that you check with your personal financial advisor on how the solar tax credit will affect you personally.
- The Modern Tech is Ready
Getting started with solar power is seamless, which means that your monthly finances can be managed easily. There won’t be any surprises or “uncharted ground” with your solar power. There will be no more rising prices from your electricity company either. The system you need to produce your own power has been used by other homeowners and is cutting edge.
- Your Investment Is Made Once
As soon as your initial investment is made, your money is freed up each month. And the team at LifeStyle Homes can guide you to the right system size based on your financial position, needs, location, roof type, and roof orientation.
Reach out to us at LifeStyle Homes to discuss your solar needs and system goals.
