The Hidden Costs of Not Going Solar

If you’ve been thinking about going solar but keep putting it off, you’re not alone. A lot of homeowners hesitate—maybe it feels like a big investment, or you’re waiting for the “right time.” But sticking with traditional energy is costing you more than you think.

While energy prices continue to rise, solar locks in long-term savings and takes control of your utility bills. The longer you wait, the more you pay–and that’s something that should keep you up at night. Here are the hidden costs of not switching to solar and why a Maine Solar Shed is the smartest investment you can make.

Rising Energy Bills: You’re at the Mercy of Utility Rates

If there’s one thing that’s certain, it’s that electricity rates will keep going up. Between fuel supply issues, grid maintenance, and market fluctuations, homeowners have zero control over how much they’re paying for power.

In 2023, the US registered a 6.3% year-over-year electricity price increase, the biggest hike since the beginning of the century.

With a solar shed, you generate your own energy and reduce your reliance on the grid. That means your electric bill stays low and predictable, regardless of what’s happening in the market.

The cost of waiting? Every month you delay going solar is another month you’re paying full price for electricity—money that could have been saved with solar.

You’re Missing Out on Solar Incentives and Tax Credits

One of the biggest perks of going solar right now is that homeowners can take advantage of federal tax credits that make solar much more affordable.

For example, the Federal Investment Tax Credit (ITC) allows you to deduct 30% of your solar installation costs from your federal taxes. Maine homeowners may also qualify for Efficiency Maine financing options, making solar even more accessible.

The 30% federal solar tax credit is available until 2032, before reducing to 26% in 2033, 22% in 2034, and expiring completely in 2035.

The cost of waiting? These tax credits end in 2035. The longer you put off installing a solar shed, the more you risk missing out on financial incentives that could lower your upfront costs significantly.

You’re Losing Out on Home Value

A solar-equipped home isn’t just energy-efficient—it’s worth more. Studies show that homes with solar sell faster and at higher prices than those without.

A Maine Solar Shed takes it a step further. Not only does it add solar power to your property, but it also gives you extra space—whether you need a workshop, home office, or storage for tools and outdoor gear. That’s an instant home upgrade that adds both function and value.

The cost of waiting? Delaying solar installation means delaying the boost to your home’s resale value, which could be thousands of dollars left on the table.

You’re Paying for Energy Instead of Owning It

Think about this: When you pay your electric bill, that money is gone forever. But when you invest in solar, you own your energy.

Over time, the savings from solar pay for the system itself—and then some. A typical solar setup pays for itself in about 10 years, and after that, it’s essentially free electricity for decades.

The cost of waiting? Every year you delay means more money spent on utility bills that could have been put toward a solar system that eventually pays for itself.

These are the hidden costs you incur every day without solar. It means less money in your saving and investment accounts, less money to send your kids to college, to take that dream vacation, and to remodel your home. 

With a Maine Solar Shed, you’re not just adding solar power—you’re getting extra space, increasing your home’s value, and securing a cost-effective energy future.

Why keep paying for power when you could be owning it?