Are your energy bills going up? Harnessing the power of the sun can go a long way toward mitigating rising energy expenses, and today’s solar panels are more economical and efficient than ever before.

Here are four reasons to consider installing solar panels on your home:

1. Lower your energy bills.

Solar panels can reduce or entirely eliminate your electric bill. And that’s true no matter where you live. Cloudy days still produce solar energy, typically around 10 to 20 percent of what a sunny day produces.

2. Earn rebates or tax credits.

In certain areas, tax credits or special government rebates may be available. Regardless, you may find that solar panels make economical sense, considering they may cover much of their own costs in the long-run.

3. Reduce your footprint.

Clean energy minimizes our dependence on fossil fuels and diminishes greenhouse gas emissions. Also, the more we invest in renewable energy, the more jobs are created in that sector.

4. Increase your home’s value.

Today’s home buyers are interested in solar energy, so much so that homes with solar panels sell for an average of $14,329 higher* than homes without panels.

* Source: The Appraisal Journal