discover the value of installing solar panels on your home

Are solar panels worth it?

If you are a homeowner who wants to make your home more energy-efficient and eco-friendly, solar panels can be a great investment. By harnessing the power of the sun, solar panels can generate electricity that can power your home and reduce your reliance on grid-supplied energy. This not only saves you money on your electricity bills but also reduces your carbon footprint and helps to protect the environment.

When you install solar panels, you may be eligible for various solar incentives and tax credits that can make the initial cost of installation more affordable. These incentives vary depending on your location and can include federal tax credits, state and local rebates, and net metering programs that allow you to sell excess energy back to the grid.

Solar panels are most worth it if:

You own your home – If you own your home, you can benefit from adding solar panels. Installing solar panels can increase your property value and make you eligible for property tax exemption for added value and incentives.

Pay a high electricity rates – Electricity rates are constantly changing and can have a major impact on your monthly budget. If you have a high electricity rate, you can lock in your rate with solar energy.

High Monthly Energy bill – If you are paying $150 or more a month in energy bills, solar energy could be the answer to reducing your monthly costs.

The Benefits of Going Solar for Homeowners

Installing solar panels on your home offers a range of benefits that could make them worth it for you. Solar energy can reduce your utility bills, lower your carbon footprint, protect you against rising energy costs, increase your home value, and give you more control over your home energy use. Furthermore, solar panels can provide protection against power outages when paired with a backup battery. Solar panels are also a smart financial investment, especially for homeowners who can take advantage of local and federal tax incentives that make going solar more affordable.

Financial Savings with Solar Panels

Electricity costs can make up a significant part of your monthly expenses. For this reason, many homeowners choose to install solar panels primarily for the economic benefits they offer. Solar panels provide a reliable and cost-effective source of clean, renewable energy that can power your home efficiently. Determining whether solar panels are a sound financial investment for your home depends on various factors. The state you live in, the amount of energy your home consumes, and how much sunlight your solar panels receive are just a few of the factors that can affect the financial benefits of solar panels for your home.

Charge your EV with Solar Panels

if you are a homeowner who owns an electric vehicle such as a Tesla, Polestar, or a Prius you may be concerned about the cost of charging your EV at home. However, installing solar panels can provide a cost-effective solution by generating clean and renewable energy for both your home and your EV. By using solar panels to charge your electric vehicle, you can reduce your reliance on grid electricity and potentially save on energy costs over time. Additionally, solar incentives and tax credits may make installing solar panels more affordable.

How long do Solar Panels last?

it is important to understand the lifespan of solar panels and how long they can be expected to last. Depending on the brand or solar manufacturer, high efficient solar panels can last from 25-30 years. This is significantly longer than other forms of energy production, making them an attractive option for many homeowners. Furthermore, most solar panel manufacturers offer warranties that guarantee their products for up to 25 years or more. This provides additional assurance that the product will last and perform as expected over its lifetime.

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Solar Panel FAQs

Do solar panels work at night?

Solar panels do not generate electricity at night as they rely on sunlight to produce energy. In a grid-tied solar system, the home is connected to the power grid, so when the panels are not producing electricity, the home will draw power from the grid. However, if the system is a solar hybrid system with battery storage, the excess energy generated during the day can be stored in batteries and used at night, providing a source of electricity even when the panels are not generating.

What happens during a blackout?

During a blackout, a grid-tied solar system will not function as it is designed to work in conjunction with the power grid. For safety measures a grid-tied solar system will automatically shut off during a power outage to ensure the safety of utility workers and the public during power outages. By shutting off, the solar system prevents the flow of electricity from the panels back into the power grid, which could pose a danger to utility workers who are repairing power lines.

A solar hybrid system with battery storage, the stored energy in the batteries can provide power to essential loads, such as lights and appliances, keeping the home safe and functional during a blackout.

How will I know my solar system is producing energy?

You can monitor the performance of your solar system using the monitoring system, which will display the amount of electricity being generated by your panels. You can also check your electricity bill to see if you are receiving credit for any excess electricity generated by your system.