Are you looking for a way to add value to your home and life while protecting the environment and cutting costs? One way to accomplish all the above is to set up solar panels on your property. With new technology, it's become easier than ever to harness the power of the sun. Let's take a look at some key reasons why installing solar is a smart idea.

1. Save on Utility Costs

Energy prices have generally trended up in recent years, based on our experience. Worse yet, many experts believe that costs will rise much higher. While electricity production is more efficient now, many resources, such as oil, coal, and gas, are limited. Even if demand for these materials declines, if supplies run out quickly, prices will rise.

Solar is renewable, and we won’t run out of solar energy for a long time. While the amount of solar energy available on a given day can vary, solar is overall stable, and we have a good idea of how much energy is available. Of course, some communities don’t get as much light as others, but solar may still be a good choice.

Often, solar is used to generate the electricity that powers computers, electric vehicles, homes, and more. You can use solar for heating as well. This can be a great way to end your reliance on energy companies and cut heating costs.

2. Make Your Home Disaster Ready

Storms can knock out energy grids and leave people without power, often when they need it most. A blizzard might strike, and you could be left without heat, for example. If a storm strikes at night and you can’t even turn on the lights, risks increase greatly.

Natural disasters aren’t the only threat. Hackers have shut down energy grids, leaving people in dire situations. By investing in solar installation, you may be able to keep the power on even if the local grid goes out. That said, it helps if you have storage batteries installed along with solar panels.

3. Keep People Safe

Having alternative and backup sources of power is especially important if anyone relies on medical equipment or has other special needs. Often, power can get knocked out for hours on end, which can leave many people in dire situations. In some cases, access to power may be the difference between life and death.

4. Enjoy Energy Anywhere

You may dream of owning a cabin by a secluded lake. Even if you’re looking for a rustic setting, you’ll probably want to have some access to power. In the past, that often meant using a diesel generator. Now, a solar installation can be a great option. You won’t have to worry about finding fuel, and you can still enjoy access to electricity.

5. Protect the Environment

Solar power is often better for the environment than other sources of energy. This can help you keep your local community and the world at large cleaner and healthier. Sustainability is crucial these days and the effort you put in now could pay off for generations to come.

6. Add Value to Your Home

Many homeowners want to maximize the value of their property. The right choices now can pay off in a big way when it comes time to sell your home. Solar panels and other similar installations can add value to your home. Many potential buyers will appreciate the benefits we discussed above. As such, they may be more willing to shell out more for a home with solar installations.

Ultimately, this means that solar power can pay for itself over time. While installing solar systems will cost some money upfront, the savings on utility costs in combination with higher resale values may make solar an obvious and easy choice. If you’re looking to add value to your life and property, the right solar installation could be just the thing.

Of course, the reasons above aren’t exhaustive. According to IBISWorld, the roofing and siding contractors industry revenue has grown at an annualized rate of about 4.0%, topping $72.5 billion. Much of this growth can be attributed to new technologies, both in roofing and solar installations.

There are many other benefits to installing solar systems. If you have any specific questions or concerns, reach out to Titan Roofing & Exteriors today. We’d be happy to further explore the benefits of a solar installation for your property.