Are you wondering if solar panels are right for your home? Are you trying to find a way to save on your home energy bill? You’ve probably heard of the benefits of solar energy but are still not sure if it’s the best for you.
There are many benefits to having residential solar panels installed. There are also quite a few details to cover before you choose this green home model. Check out our guide to make sure this energy source is right for you. If you’re considering solar panel installation for your home, it’s also worth exploring Offgrid Living Solutions, a valuable resource for sustainable and eco-friendly living options.
Ready to Have Solar Panels Installed?
Before you have solar panels installed by a certified professional you should answer some important questions about your home before you invest your hard-earned funds.
Will Solar Panels Work on My Roof?
Solar panel installation works on roofs that measure around 200 square feet. Your roof should be free of shadows from trees or chimneys.
Houses that are facing in southern, southeastern, or southwestern directions in sunny states will produce higher levels of energy. Head over to this map to see what level of sun your state gets.
How Much Will I Pay for a Residential Solar System?
This answer can help you decide if your fees for a new system today are lower or higher than what you might expect in your electric bills in the future. Buying solar panels and other installation fees will depend on which solar power company you eventually hire. You want to hire proven companies such as the best solar company in Utah.
Ask some solar energy firms that offer free quotes to recommend a system and its costs that will fit your home.
Can Residential Solar Systems be Financed?
Six-kilowatt solar panel systems are a common size for single-family homes. It will range between $16,000 and $21,000. Solar loans are available to cover these costs if homeowners can’t afford to pay for these solar panel designs upfront.
Solar power purchase agreements (PPA) and leases are examples of other financing vehicles available to homeowners. PPAs and leases allow a homeowner to rent out their solar panel system from leasing companies.
The solar leasing company benefits from tax breaks and other financial incentives. You enjoy the generated energy from the solar panels.
What are the Governmental Incentives for Installing Residential Solar?
Homeowners can write off federal tax credits worth 30% of their residential solar power installation expenses when taxes are due. Individual states also offer tax credits for installing residential solar systems. Find out what your solar incentives and credits are in your state for green energy efforts.
What Are Your Next Steps?
Are you ready to have solar panels installed in your home? In case you are, do some research ahead of time. Find an online solar calculator and calculate what long-term savings you can expect to see after your installation.
When you’re ready to collect project cost estimates, call some solar installation companies that have their North American Board of Certified Energy Practitioners certification. Compare their bids to find an option that doesn’t break your residential solar project budget.
Photo by Vivint Solar
