A home solar panel system is undoubtedly a big move, and it is a significant financial investment. Yet as you have likely read in the press, it is a very worthwhile investment.
This article guides you through the good, the bad, and the indifferent of choosing home solar panels for your property.
Getting your project off the ground
The first step is to hit find solar companies near me. This gives you several benefits. First, your experts will be able to guide you through the configuration of your roof and assess its suitability for home solar panels.
This can reduce solar panel costs because you can get precisely the correct number to meet your requirements. Specialists will also access the best trade prices for solar panels, again saving you a few valuable dollars.
Budgeting and financing your project
As with everything, money talks. There are some large figures involved in installing a home solar panel system. But the solar panel cost can be managed creatively if you know where to look.
First, consult your expert installers. They should know a variety of state and federal incentives to get you started. It is in their interest to help with this as much as possible because the more viable your project is, the more confident they are of winning the contract.
Secondly, do some research for yourself. You may be able to combine a state grant or incentive with a financing deal on the remainder you have to invest.
When do you get your return?
Depending on how much your home costs to run, you will likely see a return on your investment on home solar panels in a maximum of ten years. As a guide, if you spend more than around $1,000 a year on your electricity bills, solar energy is likely to deliver a return on investment.
Your system configuration will also depend on when your return is realized. Because all homes are slightly different, your system will need to be custom-built to suit your house. Getting this customization right will affect your system’s output, and ultimately its effectiveness.
Breaking ground
Once you have made these arrangements, work can begin. You can choose to have your battery installed to store your surplus energy for less sunny parts of the year.
Alternatively, you can tap into the net metering system, which allows you to contribute surplus energy to the grid. As part of the deal, your home can then draw from the grid during parts of the year when you do not have as much sunlight.
The final word
Home solar panels are an excellent investment. Not only will you make savings on your electricity bills, but you will also add lasting value to your home when you come to resell it.
Consult the help of a specialist. Going alone on a project like this is unwise, even if you are reluctant to spend on labor costs. Above all, good luck with your investment, and congratulations on reducing your carbon footprint!
According to Blue Raven Solar, household energy bills have increased over the last 20 years by more than 60% on average. We can only imagine how much higher they will be 20 years from now. Here are some useful tips on how to reduce your energy bills.
