Affording & Installing Solar Panels
So, you’re thinking about solar panels. You may be wondering:
- How much will they cost me?
- Are they worth my money to install?
- How much money will I actually save on my monthly energy bill?
Making the decision to install solar panels on your home is something that you will need an in-house consultation for. Deciding how much energy you consume, your available budget, and solar qualifications are important factors to consider.
Determining if Solar Panels Are for You
If you have already had an in-house consultation and know you qualify for solar panels, you’re probably wondering which step comes next. If you don’t yet have a house, be on the lookout for a solar-friendly home.
If you’ve decided you want the panels installed, make sure you’re keeping a few things in mind when out house hunting. Consider the following:
- How large is the roof?
- How energy efficient is the potential house?
- What does your energy bill look like now?
- Is the roof suitable for solar panels?
Steel roofs are an efficient type of roofing material for supporting solar panels. They are less time consuming to install, and require less general maintenance. Steel roofs are typically more budget friendly, helping you save money that you can put towards the installation of solar panels. If your house needs a new roof or you’re in the process of constructing a house, a steel roof is a wise choice if you also see solar panels in your future.
Affording Solar Panels
While trying to pick out a solar payment plan that is best for you, your budget and your home are two of the most crucial aspects to keep in mind. To ensure you pick the most efficient plan, do not be afraid to take your time during this process, making sure to evaluate all the options. Plans and payments will vary based on your local companies, so making a pros and cons list is a simple yet organized method to narrow down your options.
If you’re trying to figure out where you can make budget cuts to afford solar panels, start by looking into your house mortgage payments. Making adjustments can help you save real cash — cash that can be used to afford solar panels.
After seeing if changes can be made with your mortgage, focusing on aspects within your home is a good next step. If solar panels are a little out of budget, making sure windows and doors are sealed with weatherstripped or caulk materials is a great small alternative. This allows your windows and doors to help prevent any cold air from creeping through. downloading a home-monitoring application on your phone can help you control the house temperature and light usage while you’re away, saving more energy and money. This is extremely helpful for the mornings you find yourself rushing to work and forgetting to turn lights off on your way out. With just a tap of your finger, you can turn the lights off regardless of your location.
DIY vs. Professional
You may even consider installing the panels yourself to save some extra money. If this is something that interests you, be sure to take note of:
- The risks of undertaking high-voltage electrical work on your home
- Calculating placement and sizing
- Applying for local permits to receive a tax incentive
- Manufacturer warranties
- Required paperwork involving your city and municipality
- Time consumption
If this list seems to overwhelm you, hiring a professional team may be the best route in the end. There are endless other tasks to be completed when performing a DIY installation that, if you’re uncertain, are better left to those with specialized training — this list just highlights the major factors. Professionals will tackle the paperwork, permits, and more importantly, be able to safely and efficiently install the panels.
If something was to fail after installation by a professional team, it can be quickly repaired within its warranty. If something fails upon a DIY installation, it’s up to you to work quickly and repair the issue — or spend additional funds for an outside team to assess the issue and work on the repair.
If you hire a solar panel specialist company to install the panels, you have a lot less to worry about compared to someone who is taking the task head-on as a DIY. However, you shouldn’t be completely naïve while letting professionals work on your roof.
Knowing exactly what is going on around your home is extremely important. The team should lay out:
- Estimated completion
- Any concerns before starting work
- Any issues that may arise
It is your house and money being invested, so being involved in the process and understanding what is occurring is highly recommended.Installing solar panels may be the next move for you and your home. If you’re interested in reducing your carbon footprint, this is a great route to go.