From solar heating to solar pumps, solar-powered ventilation fans, and more, solar energy’s residential uses keep on expanding.
Of course, you don’t have to limit yourself to solar-powered devices. For many homeowners, going solar is an investment that’s well worth it. After all, many benefits come with a solar power system.
They include energy savings, reduced carbon footprint, and tax credits. Now, if you’re thinking of installing solar panels, you should know that even with solar incentives, the initial costs of residential solar energy can be pretty high.
Besides the upfront costs, there are other factors to consider before investing in solar. Read on to learn more about them.
Is Your Roof Solar-Ready?
Before deciding which local solar company to hire, be sure your roof isn’t too old. If it’s not in the best condition, installing solar panels would be a waste.
There’s also the matter of warranties to consider. Remember that solar power systems typically last a decade or two, while roofs have a lifespan of about 10 to 15 years.
The last thing you want to happen is to dismantle your home solar because your roof is nearing its use-by date, couldn’t handle the weight, or because it doesn’t have the right shape or size. Bottom line: Talk to your roofing contractor before signing a contract with any residential solar company.
Choosing the Best Solar Company
Is the best contractor the one that gives you the lowest quote?
While it’s tempting to pick a solar company that promises to save you thousands of dollars, you don’t want to get the surprise of your life when you see your final bill. That’s why, before hiring a contractor, you need to check customer reviews.
It also helps to interview several companies to see which ones provide the most helpful answers to customers’ questions. For example, what are their financing options? What warranties do they offer?
Since home solar is quite an investment, you can’t skimp on doing your homework.
To Lease or Not to Lease?
Leasing is an alternative for homeowners who have hesitations about buying a solar power system.
However, if you opt to lease your system, your energy savings wouldn’t be as high as what you would get if you owned the system. The incentives and rebates also go to the lessors.
Plus, if you plan to sell your home later, you’ll need to pay the rest of the lease or transfer it to the new homeowner. The problem is some home buyers may not want to take over a solar lease. Think this over before talking to a contractor, especially if your current house isn’t a forever home.
Do You Still Have Questions About Installing Solar Panels?
Now that you know the factors to consider when installing solar panels, do you already have a list of contractors to contact?
If you’re taking your time, that’s good. The more you know about solar panels and the solar industry, the better you can make an informed decision.
For more solar news and updates, keep researching online. You can also check our other posts for more related information.