Benefits of Solar Panel Installation in Council Bluffs Iowa
Over 61,000 homes in Iowa and over 5 million homes in America have already installed solar panels to assist in their energy needs. Only 0.38% of Iowa is powered by solar, but that number is growing very quickly as the cost of solar has decreased 90% since 2009. Solar power is a cost effective, renewable energy source that saves you money long-term, supports a sustainable energy future, and even improves home and property value.
COUNCIL BLUFFS IOWA SOLAR PANEL INSTALLATION SAVES MONEY
An American household will spend an average of $1,500 every year on standard electricity costs.
The Center of Sustainable Energy estimates a 9KW solar panel system is sufficient to meet the energy requirements of most homes and businesses, and the cost of that system averages around $20,000 before federal tax credit incentives.
All equipment used to collect and convert solar radiation into energy is exempt from sales taxes in the state of Iowa
In addition, any Council Bluffs Iowa home or business owner who install a solar panel system in 2022 is eligible for a federal 26% tax credit which would reduce the cost down to $14,800. The tax credit reduces to 22% in 2023 and will completely expire in 2024 unless the federal government renews it.
Based on those average figures, a solar panel system pays for itself in about 10 years. Our solar panel installations last more than 20 years on average, so your savings over the lifetime of the system would be in excess of $15,000 or more ($1500/year x 10 years)
All that $15,000 in savings is in the form of absolutely free energy. Costs and savings vary based on a number of factors, so please contact Loess Hills Solar Solutions for your free estimate today to learn more about the costs and savings of solar panel installation for your home or business. We look forward to working with you soon!
COUNCIL BLUFFS IOWA SOLAR PANEL INSTALLATION SUPPORTS A SUSTAINABLE ENERGY FUTURE
A Connecticut study found that one home switching from fossil fuel based electricity to clean and renewable solar power had the same emissions impact as planting 150 trees every year.
During a solar panel system's 20+ years of clean energy production, even a rooftop solar panel system producing only half of a household’s electricity use would avoid emitting more than half a ton of sulfur dioxide, one-third a ton of nitrogen oxides, and 100 tons of carbon dioxide!
It does take energy and resources to product the solar panels and other aspects of the solar panel energy system (inverters, routers, etc.), but studies conducted by a number of organizations and researchers have concluded that installed solar panel systems typically save an equivalent amount of energy in an average of 2.5 years that was used to manufacture the systems
In the same manner, the following is also true of installed solar panel systems: Carbon emissions are 95% lower than coal, water consumption is 99% lower than coal, and total air pollution is 99% lower than coal
In addition, widespread of adoption of installing solar panels on homes and businesses will significantly reduce pollution-related illness like asthma (affecting 25 million U.S. residents), emphysema, and lung cancer. It would also create a reduction in acid rain, a prevailing cause of stress and destruction of animal and plant habitats
COUNCIL BLUFFS IOWA SOLAR PANEL INSTALLATION IMPROVES HOME VALUE
Zillow estimates that installation of rooftop solar panels can increase home value by 4.1%, and that is in addition to the $15,000 or more one can save in energy costs during the lifetime of the solar panel system
In addition, that value added to the property by installing solar panels is exempt from property tax for five assessment years
Lastly, solar panels require virtually no repairs, and minimal upkeep for decades. This saves homeowners, and potential buyers of your home, time and money in potential maintenance costs