While solar panels are an investment, they can provide long-term savings on your energy bills. They also supply clean energy and reduce reliance on the grid. If you're not sure whether solar panels are right for you, consider these benefits.

Tax credits. When you install solar panels on your home, you may become eligible for tax credits and rebates. The federal government offers a 30% tax credit, and many states have additional credits available for homeowners who install solar systems. By taking advantage of these programs, you can potentially save money on the overall cost of the system.

Energy savings. Using solar power allows you to save money on your monthly energy bills. The savings you realize will depend on various factors, including your energy consumption and the size of your system. If you live in a sunny area or use minimal energy, solar panels may provide enough power to eliminate your electricity bill. At the very least, you should save money on your monthly bills.

Environmental impact. A solar panel system uses the sun to generate energy. That makes solar a clean energy source, unlike traditional electricity sourced from coal and natural gas. Fossil fuels release toxic emissions into the air, contributing to an unhealthy environment. When you install solar panels on your home, you can feel confident you're reducing your carbon footprint and doing your part for the environment.

Improve your home's value. Solar panels can improve the value of your home. Just like a modern kitchen or an updated bathroom, installing a solar system can upgrade your home. If you plan to sell your home, you may get a higher price with a solar panel system.

With so many benefits, it's worth considering whether solar panels may be right for you. Think about these advantages as you decide whether to make the switch to solar power.

Sources: Energy.gov, Usnews.com, USGBC.org