How to take advantage of batteries / energy storage and become independent from traditional methods of energy.
Becoming more independent in every aspect of our lives is something we all strive to accomplish, and when it comes to our homes and businesses, energy shouldn’t be the exception.
Did you know that energy storage — more commonly known as batteries — is the fastest developing element of renewable energy today? In fact. according to this Green Tech Media article, one of the predictions for this year’s solar energy trends is that the record for solar storage will be broken. “The second prediction for 2019 is bolder than the first — the observation that the record for solar-plus-storage deployments in 2018 will be broken yet again in 2019. That’s based on the forecast for falling solar and battery prices, combined with a continuation of the federal Investment Tax Credit for solar that can include the cost of batteries as part of the installation,” the article explains.
So how will people and businesses continue to benefit from energy storage? To name a few, energy storage benefits users by:
You can save money too!
The federal tax credit of 30%*, which fades after 2019, applies towards all costs of battery installation when installed within the same year as PV. Make sure to take advantage before it goes away!
Now that you know the benefits of energy independence, why not get started right away? At Creative Solar USA our energy experts are happy to talk you through the process and answer any questions you may have. Click here for a free consultation!
*The federal tax credit has upcoming changes. Creative Solar USA does not warrant or guarantee rebates, grants, credits, awards, or ROI. See your tax professional to assess which financial advantages will apply to your installation.
The savings on an immediate basis Is a challenge. There’re different parts of the country where solar is prominent, and other where it’s not. Regardless, homeowners are accustomed to having a 30-year mortgage or timeline, as opposed to the immediate investment that it would take to add solar to their home. Solar is a 5 - 15 year economic break even which means that there is an additional 15 - 25 years of free on-site electricity and generation. The icing on the cake is that the energy that is produced locally and is money that’s being attributed and benefiting the local community rather than being distributed to countries other than our own.
Gasoline, as a fuel is far more expensive than solar, because solar is a natural energy source from the sun as opposed to money spent on coal and foreign sources of oil. Because we are accustomed to the ever-changing increase of gasoline fluctuation ranging from 20-30% a month, converting to solar and electricity as a fuel in electric vehicles buffers that fluctuation, and reduces the cost of transportation as we know it. Solar and electric vehicles can drop to the equivalent cost of 40 cents per gallon, making it an immediate advantage. Not to mention, within the 25-year warranty period that the solar systems operate in, the systems consistently generate net savings greater than $10,000.
Historically, solar has been restricted to single-family home ownership. And while the utility companies are advancing programs to accommodate solar with apartment dwellers and condominium owners, there’s ongoing lobbying to permit a more direct and greater benefit to renters and owners alike. So, we can expect in the future that the cost drops of home battery storage systems will allow pairing with solar panels to enhance savings and provide better security should outages occur.
In conclusion, solar is no longer an “if” or and unknown benefit. There are clear benefits surrounding solar energy so there’s no reason to wait. The sooner homeowners start the solar process, the sooner savings will occur.
About Creative Solar USA: Creative Solar USA is a Georgia-based, turn-key installer of innovative solar panel systems, dedicated to alternative energy solutions for your home or business. Become a member of the Creative Solar USA community. We're your solar power resource long after the installation is complete because we don't just build PV systems for our clients – we build relationships.