7 Ways Solar Panels Cut Your Energy Bills in Half
1. Net Metering Benefits: Sell excess energy back to the grid and earn credits on your utility bill.
2. Federal Tax Credits: Get 30% of installation costs back through federal solar incentives.
3. State Rebates: Many states offer additional cash rebates up to $5,000 for solar installations.
4. Peak Hour Savings: Generate power during expensive peak electricity hours.
5. Long-term Protection: Lock in energy costs for 25+ years against rising utility rates.
6. Battery Storage: Store energy for nighttime use and emergency backup power.
7. Property Value Increase: Solar panels increase home value by 4-6% on average.