How To Tell If Solar Panels Are Right For You
There are a number of fantastic reasons to choose solar power for your home or business. First and foremost, it is a clean and renewable energy source for producing electricity. In many instances, solar panels will also save you a lot of money in the long run. But how do you know if solar panels are right for you? The idea may seem very appealing, but there are a number of factors to consider before you decide whether or not it is a realistic option.
Do You Have a Suitable Location for Solar Panels?
When considering whether or not solar panels are right for you, take a good look at your property to determine whether or not you have an ideal location for the panels in the first place. It could be that your property is too shaded or too small, for example. If you do think that you have a great spot for solar panels, spend some time analyzing the sunlight. How much direct sun does that area receive each day? The amount of direct sunlight the panels receive per day greatly affects their efficiency. Once you have established whether or not you have an ideal location for installation, seek out some experts for their input.
Can You Afford to Install a Solar Power System?
Solar panels can be quite expensive, not to mention the installation fees; however, solar power systems are a long-term investment. The type of roof you have can also affect the installation costs. Specialty roofing materials, such as terracotta roof tiles, can make installation more difficult – resulting in higher costs. Be sure to research what types of solar panels are available to you, and enlist a professional for a quote. Getting multiple quotes from several installers is also a great idea in order to make sure that you are receiving the best price.
Another factor to consider when calculating costs is your utility company’s fees, unless you want to be ‘off the grid’. An advantage of being connected to a grid system, however, is that you do not have to worry about solar batteries. The cost of solar power will vary substantially depending on where you live. Find out how solar power will affect your electricity bills and whether or not it will actually save you money in the long run.
Will I Receive Incentives or Rebates?
In some areas, you may be able to receive tax incentives and rebates on your solar power system, which can result in considerable savings. For instance, in the United States you may be able to receive a federal tax credit for 30 percent of the cost of your solar power system in some States. In addition, certain States offer cash rebates for solar power systems. Your solar panel provider will be able to supply you with additional information on rebates and financial incentives in your area.
The key to finding out whether or not solar panels are right for you is to do your research. It is a big decision, so it is important to take all factors into consideration before taking the plunge. If you have done all the research you can possibly do on your own, and you are still uncertain, seek out an expert in your area who will be able to give you sound advice and point you in the right direction.