10 Things to Know Before Turning Your House Into a Solar Panel Home
Are you planning to switch to a solar panel home? Before a solar panel installation, knowing what you’re getting into is a must. It applies even when you save hundreds of dollars each month in utility bills. If it’s your first time dabbling in solar energy, the lack of information can make you hesitant. Fortunately, our guide will tackle some basic facts to expect when going solar. Read on and learn great solar panel advice today.
Solar Panel Costs
Your home’s size and energy consumption determine the cost. Regardless, the average cost of a residential system is between $15,000 and $25,000. The upfront cost is worth the long-term effects like a 26% federal tax credit.
You Might Need a New Roof
Before installing a solar panel rooftop, you’ll get an inspection. It ensures your roof can withstand the weight. It’s especially important when the roof needs a replacement within five years.
Your Location Isn’t as Important
Panels are worth your time, even when you aren’t living in sunny states. As long as your solar panels get four hours each day, your house is set. If you need to boost your energy production, use higher-efficiency panels.
You Can Invest in a Hybrid System
If you desire, your system can be on-grid. It allows your home to have a continuous electricity supply when necessary. It’s a special consideration when your place has inconsistent sunlight.
Get Credit on Excess Energy
When your panels outpace your energy needs, you can feed the excess into the grid. This allows you to get credit on your utility bills. Check your net metering policies to learn about compensation.
Solar Panel Savings
The amount you save depends on various factors, like your solar panel system size and energy usage. Regardless, expect about $1,000 or more savings each year. If you want to learn how much you’ll save while in Texas, check out https://blueravensolar.com/texas/arlington/.
Solar panel electricity systems have two warranties: performance and product. The former guarantees the solar panels’ performance for at least 25 to 30 years. The latter refunds the product if it has issues in the next 15 to 25 years.
Importance of the Right Installation Company
Choosing the right contractor is the most important component of the project. Otherwise, an incorrect installation damages your roof, resulting in lower output and a shorter lifespan. Ask for recommendations from trustworthy loved ones and friends.
Leasing vs. Buying
If you can’t pay for a solar system, leasing is a great alternative. Instead of a one-time purchase, you’ll pay a monthly fee. It’s much lower compared to the usual utility bills.
Moving Solar Panels
if you move a short distance, consider reinstalling the panels on the new location. However, it’s best to get a new system for your new home. It ensures it can keep up with your energy needs.
Get a Solar Panel Home Today
These are some facts to consider when getting a solar panel home. Use these to get the most out of your energy savings. Are you looking for more ways to save money? Read our other posts and learn more.