Solar, wind and reducing our carbon footprint on the planet and climate change are big discussion topics. This year I’ve decided to install solar panels and sell my unused energy back to the power company.
I’ve thought about solar energy for quite some time and have been doing my research about the benefits. And, truth be told, I’m tired of the steep electric bills, especially in the winter months here in Michigan. I contacted a local company and asked for a representative to meet with me and discuss my options. There is a huge tax break for consumers who want to make the leap and while it is still available, I wanted to take advantage of that.
I want to “go off the grid”. After calculating my yearly electric bill, I will save approximately $4,000 a year on electricity! Next year I will receive a tax rebate of over $9,000 and I will use that to pay off the loan for the panels, and within two years I will no longer have an electric bill! How exciting is this?
The value of my home increases immediately, which is good if I plan on selling my home for profit. But that’s not my plan. My long-term plan is to eliminate my monthly electric bill entirely. Since I’m still working and probably will be for a good five or six years, this is the perfect time to plan for a debt-free future. Who wants to be strapped for cash once they retire? Not me. I want to take it easy and have some fun, maybe travel a bit.
I want to make sure that my children and grandchildren enjoy clean air for their future. Did you know that the U.S. places second in the world in annual carbon dioxide emissions at 17.9%, right behind China.
You can go a long way lowering your carbon footprint by replacing utility power with clean electricity from solar panels. Advancements in technology will continue to help homeowners now and in the future reduce their carbon footprint on the planet and save money. It’s a win-win for everybody.
I don’t know what the future holds for the world, but if we do our part, collectively we will make the world healthier and sustainable for generations to come.