Solar Panels For Your Home
April 11th, 2012Solar panels for your home are a wise investment that can pay for themselves. Solar systems are relatively maintenance-free, and may qualify you for federal and state level tax breaks. Solar panels for your home blend in nicely and can be installed on a variety of roofs.
A solar system for your home can be an expensive investment, but a high quality system will last you for more than 25 years. In that time, it will more than pay for itself. A moderate sized solar system saves the average household more than $500 a year in energy costs. The federal tax credit for solar systems will refund a portion of the purchase cost, and many states offer tax credits, which add to the overall rebate available.
Laws in many states require utilities to purchase excess power from utility users. If the solar panels for your home are tied into the local power grid, your electric company may deduct the excess power your solar system creates from your monthly bill. If you produce enough power, your utility may end up paying you.
Determining the size of a solar system for your home depends on several factors. The average kilowatt hour usage of your home must be taken into account, as well as the amount of sunlight your area receives daily. More sunlight and less kilowatt hour usage will produce higher savings for your home.
Buying solar panels for your home can be a costly up-front investment. A single solar panel kit capable of producing 100 watts of energy can cost up to $250. The solar system consists of several solar panels tied together to form a grid that will feed energy to your home. Wiring the individual panels into a single solar system prevents energy loss that occurs if each panel is wired to the home’s electrical system separately.
If you purchase your solar panels individually, make certain the panels you are buying are grid tie compatible. Check that each piece of your planned solar system comes with mounting hardware. If it doesn’t, the mounting hardware will be an additional cost at installation. Be aware of what you are buying to avoid costly mistakes.
Professionally installation can be another costly component of a solar system for your home. Investigate local prices before buying your solar system. You can install the solar system yourself. Either way, a solar system is best installed during the roof replacement process to prevent leaks. Information on installing a solar system yourself can be found online or at your local retailer. It is recommended that you understand every part of the installation process before you begin, as electrical work is included in the process of installing solar panels for your home.
