Should You Go Solar Now or Wait For New Developments?

Top Considerations for Making the Right Decision for Your Power Needs

Today’s technology changes at the drop at a hat. Just after buying the latest, greatest phone, you are already hearing about the next model set to be released in just a few short months. While this type of rapid release of tech products can be exciting, it also comes with some drawbacks. After all, how many times have you contemplated buying a piece of tech only to wind up asking yourself whether you should wait for the next, soon-to-be-revealed version?

This mentality is a common one among homeowners who are thinking about going solar. The solar industry has changed so dramatically over the last few years that it leads many homeowners to wonder if they should wait a little longer to finally make the change. If this sounds like you, then here are some reasons why you might want to get out of window shopper limbo and finally change over to solar power.

4 Top Reasons for Going Solar Now

One of the biggest questions floating through the minds of many homeowners thinking about going solar is regarding solar prices – with hardware prices dropping so dramatically, does it make better sense to wait a little longer for prices to drop even further?

While it is true that solar is becoming more affordable by the day, it is important to weigh the relatively minor decreases in price against the cost of waiting to go solar. Here are four points that you should strongly consider.

#1: The number one benefit of going solar is that it instantly starts saving you money on your energy bill. Since energy costs are always rising, the sooner you go solar, the sooner you can start saving money.

#2: Few additions boost the market value of a home like solar. Going solar now will instantly raise the value of your home and help it sell faster – if that is something you are considering doing in the future.

#3: The federal incentives and tax breaks for solar energy are starting to decrease and will continue to do so every year moving forward unless the government acts. Therefore, failing to go solar now could wind up costing you substantial savings the longer you wait.

#4: Prices for solar panels are currently at an all-time low, but nobody knows if they will stay that way. In fact, with the Trump administration placing tariffs on imported panels, there is a strong chance prices will start rising in many markets across the U.S. in coming years. By not going solar now, there’s the risk that hardware prices could rise by the time you make your decision.

Waiting to Go Solar Could Cost You Money

From federal incentives being gradually lowered to tariffs causing hardware prices to climb, there is a very good chance that you could stand to lose out on substantial savings by waiting until next year or later to go solar. This doesn’t even include the savings you’ll start seeing on your energy bill the moment your new system starts working!

Why put off saving money? For those considering solar, the sooner you make the change, the sooner you can start keeping more of your hard-earned money where it belongs – in your wallet.

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