In recent years, several homeowners across the US have installed solar panels at home. This trend grew in the years following 2010, when solar panels increased in affordability and efficiency. Many others continue to wonder if solar panels are worth the money.
Home solar installation has several benefits that many people don’t know about. So, in this guide, we’ll walk you through the essential information you need to make an informed decision on solar.
We’ll cover the necessary information about costs, equipment functions, and benefits. If you’ve had questions about these subjects, read on to find your answers!
Cost of Solar Panels for Homes
If you’re like most people, the most pressing concern about solar panels is their cost. How much will you have to pay for solar energy for homes?
The US average home solar cost falls around $20,000. However, several variables affect that price. First, the US federal government offers a 26% tax credit for solar panel installation.
This tax credit reduces the cost of your solar panels by 26%, significantly lowering its cost. Another factor to consider is the size of your system. Typically, solar systems come with 20-25 panels.
However, you can purchase larger panels that produce more kilowatts of electricity for your home. Larger systems cost more money.
Finally, another consideration is your house’s location. Different states may have additional tax credits or varying prices from other states. Often, states with warmer climates have lower solar panel prices.
Another location factor relates to sun exposure. If you live in an area with constant sun exposure, your solar panels will work more efficiently. If, however, you live in an area with lots of clouds and shade, your systems won’t work as effectively.
Examining Equipment for Solar Panels at Home
Everybody knows that solar systems operate with solar panels. However, fewer people know the purpose of solar batteries.
Solar batteries may add an extra $10,000-$15,000 to your solar panel installation. However, they have excellent capabilities that make your system more efficient.
For example, people often wonder if solar panels work at night or on cloudy days. The answer is yes and no. At these times, solar energy continues to reach your panels, allowing them to generate electricity.
However, as sun exposure grows weaker, your panels generate less electricity. That’s where solar batteries come in. These nifty tools store electricity generated from your system throughout the day.
At times when there’s less sun exposure, solar batteries help “pick up the slack.” They allow your system to run on left-over energy.
While the cost of solar panels and batteries may make you nervous, bear in mind the benefits. If your solar panels can reduce or eliminate your electric bill, you’ll save loads of money. It also helps the system pay for itself.
Moreover, solar panels increase your home value. People are willing to pay more for houses with a pre-installed solar system.
Find Your Solar System Today!
Buying solar panels at home use is an excellent long-term investment. If you purchase an efficient system and incorporate solar batteries, you’ll see top-notch results.
We hope you enjoyed this article! If so, check out our other content today.