One of the most crucial benefits associated with using home solar power is the ability to save on electricity bills. When it comes to owning and maintaining a home, electricity bills form the main part of our monthly expenses. Electricity is used on a daily basis at homes for powering electrical appliances and nowadays, the consumption of this source of power has increased due to global rise in the crude oil prices. Also, the rise in crude oil cost will also have an effect on the electricity charges as most utility companies use oil for generation of power. Usage of renewable energy sources is given as one of the important ways to save electricity bills. What is Solar Energy? A home solar power component is fundamentally a system that is used for harnessing the energy of the Sun and converts it into usable electricity. This system generally encompasses four main components and they are photovoltaic or solar cells to gather the energy from the Sun for producing electric current. Then, a charge controller is essential for controlling the flow of electricity to the batteries. Batteries play the important role of storing the electric current. The benefits of using home solar power are: \tIt will slow down global warming \tIt will save a huge lot of money on electricity bills \tIt will bring energy reliability \tEnergy security \tEnergy independence \tIt brings employment opportunity to a number of people. Conclusion Even though the initial installation of solar panels will cost more, it will bring many benefits in the long run.