Answering Your Questions: Should I install solar panels on my home?
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The rapidly falling cost of solar energy has enabled exciting new opportunities for energy independence for homeowners.
There has never been a better time to embrace solar energy; unfortunately, many homeowners don’t know where to start.
This article will provide some basic direction to help individuals identify if solar energy is right for them, and what they can do to improve the viability of a solar installation on their property.
Electric/Utility Bills
For most homeowners, interest in owning a solar panel system primarily comes from generating savings on electric bills.
Solar panels create their own decentralized energy, meaning expensive utility charges can be reduced.
The higher the electricity rates in your area, the more value solar energy has. This same idea applies to larger homes; more significant energy usage translates into greater savings.
It should be noted that savings on electrical bills will fluctuate as utility prices change. This means that solar energy is typically more cost-efficient in urban centers where electricity prices are higher.
Roof Space
Assessing your home’s available roof space is an important step to understanding if a solar panel installation is right for your home, and how electricity cost savings can be maximized.
Your roof must have significant exposure to sunlight; otherwise, the cost-efficiency of the solar panels will suffer. For this reason, surrounding foliage should be factored into your decision.
If your roof gets excellent sun exposure and lacks any overhead foliage, solar panels are a safe, cost-efficient choice.
An important note: if your roof needs to be replaced (or will need to be replaced within the near future), you should hold off on purchasing a solar until after the roof has been remodeled.
If you are not sure, contact us for a free roof assessment.
If your property fits the requirements for a cost-effective solar installation, there are a myriad of benefits your household can expect.
On top of reducing electricity bills, purchasing solar panels increases the value of your property and improves community health.
Some homeowners have seen their property value increase by an average of 3-4% with a solar installation. Also, homes that feature solar panels have a tendency to outperform in the housing market over homes without.
Solar energy presents a uniquely impactful investment for homeowners.
Those who have properties that can take advantage of the technology should absolutely do so, as embracing solar power, provides both short and long-term benefits on an individual and community level.