Solar-powered properties look very appealing indeed, but are they right for every household?
As the call for heightened environmental and financial consciousness loudens, more people are thinking about incorporating solar panels into their properties. Objectively, they seem like a smart choice, but no two households share the exact same features, nor are under the exact same conditions.
Homeowners ought to evaluate just how viable of an investment solar panels are, for the likes of their residence specifically, before jumping to any conclusions. Taking note of upfront costs, as well as long-term advantages should help with weighing out whether or not these devices are worth the switch.
There’s more to setting up solar panels than immediate installation. The process should include “A detailed site survey, where any outside costs regarding roof replacement, tree removal, electrical upgrades and usage factors are identified and calculated into the project,” as stated by Boston’s Relay Power clean energy manager, Zak Elgart.
Furthermore, Steven Hegedus (senior scientist at the Institute of Energy Conversion) highlights that solar modules last about the standard life of shingle roofs. If your roof is short on warranty life/scheduled for replacement soon, solar installation businesses may offer a package deal in cooperation with local roofing services.
According to CEO and founder of Powerhome Solar, Jason Waller, “There are costs associated with permitting, interconnections, system design, inspections and much more,” he says. Following installation, there is also maintenance–they do have to be cleaned once or twice yearly.
US News writes that eligibility for federal, state, and municipal tax credits are further matters that may need consideration. Federal solar tax credit holds a value of 26% to last till 2022. Municipality and state tax credits vary depending on location.
Good news for the long-haul
Over time, solar panels do have monetary benefits that make up for their initial costs. Hegedus says plenty of utility providers, cities, and states offer solar or renewable energy credits; incentive payments to homeowners whose properties are powered by renewable energy. Other states have net metering policies, allowing the selling back to the grid of any electricity that goes unused. “If your state does not have this policy, you might want to consider batteries to store your excess energy and use it yourself at night,” Adds Hegedus.
Residential solar rooftop system prices have decreased in recent years. Depending on the cost of your electricity and the amount of sunlight in your area, your solar panel investment may pay off in six to eight years. Usually, installation companies provide an estimate of long-term value. There is also a website by the US government designated for this calculation.
Solar power systems work in northern and southern climates and can even protect roofs in any environment. Homeowners planning to sell their property may also showcase their panels as a feature to potentially increase its value.
Switching to solar panels is a huge change for any property, but the benefits they offer the environment, and in terms of long-term monetary gain and overall convenience are quite convincing. Large renewable power systems aren’t the only renewable-energy devices people can invest in, though. Check out this Garmin Instinct Solar Tactical Smartwatch to get a feel of solar-power on a much smaller scale. Solar power aside, another way to save energy is with this Heunwa Power Saving Box.