4 Reasons to Go Solar in 2020

solar panels

The outbreak of the COVID-19 virus has spawned one of history’s worst social and economic crises.

There are over 2.4 million infections confirmed in at least 185 countries and territories, including about 170,000 confirmed deaths.

Many industries that were considered pillars of the economy, such as the oil industry, have taken massive hits.

International oil prices have fallen to their lowest in more than to decades as global crude oil markets continue to crash.

While the severity of the situation cannot be downplayed in any way, a fortunate byproduct of reduced human and industrial activity is the historic drop in pollution levels in major cities across the world.

Moreover, while oil companies are collapsing, the renewable energy business is expected to continue growing. Germany is already producing record levels of solar power amid the pandemic.

If there was ever a reason to make the switch to renewable energy—more specifically solar energy—it would be this tumultuous year. Here are some solid reasons why that is the case.

Receive ITC Solar Tax Credit

In 2020, qualified homeowners who buy solar energy equipment are eligible to receive an ITC equal to 26 percent of the equipment until the December 31, 2020, cut off.

However, acting quickly is in your best interest because the available tax credit is going to drop in the coming years as part of Congress’ three-year phase down.

ITC percentage will reduce to 22 percent in 2021, and it will zero out by the time 2022 shows up. Going solar in 2020 will mean you’ll get more value of your qualifying purchase.

Utility Bill Savings

High-quality and powerful photovoltaic solar panels are efficient in their light-trapping and energy conversion capabilities.

The more adept your solar panels are at trapping sunlight and the better it is at converting solar energy into electricity, the less dependent your house will be on the electricity supplied from a utility company.

Increase in Home Value

Solar panels are a great way for you to increase the overall value of your home. According to a 2019 analysis by Zillow, homes that integrated solar energy systems sold for 4.1 percent more on average than other homes across the country in 2018.

You can always work with an experienced local real estate agent to determine the value of your home after installing solar panels, but you can also refer to tools, guides, and calculators available online.

Reduce Your Carbon Footprint

If there’s one positive thing demonstrated in 2020, it’s the harmful effects our activity has on this planet. The devastating Australian wildfires were a product of the ongoing global climate crisis.

The need for cleaner, greener, and renewable sources of energy has never been higher. Installing a solar power system in your home this year will help reduce your carbon footprint and will contribute to a sustainable future.

Make the Switch to Off-Grid Solar Power Systems for a Cleaner and More Sustainable Energy Source

If you’re looking to incorporate renewable energy into your home with an off-grid solar panel system in 2020, BigBattery is your one-stop solution.

We are a leading supplier of surplus and re-certified batteries and solar power solutions in the US.

We specialize in alternative and emergency energy solutions with products such as lithium-ion battery packs, portable battery power stations, mobile solar generator systems, and much more.

The outbreak of the COVID-19 virus has spawned one of history’s worst social and economic crises.

Get in touch with us today for more information about our products and services.