Solar panels for homes are becoming more and more popular, and more important than ever. In fact, the Solar Energy Industries Association (SEIA) is calling this decade the Solar+ Decade and is aiming for solar energy to make up 20% of all U.S. electricity generation by the year 2030. This alternative energy source is not only good for the environment, but also for you, the homeowner. Here’s what you need to know before buying solar panels:
Buying Solar Panels Will Save You Money
Here is a topic that interests all homeowners: saving money. Buying solar panels will do just that. This equipment will save you hundreds of dollars your utility bills, offsetting all of your energy use through the solar panel. In addition to saving you money on your monthly bills, this new addition to your home comes with a tax credit. Be sure to save your purchase and installation cost receipts to make this property easier.
Solar Panels Are An Investment In Your Home
One of the biggest concerns, or causes of hesitation, for homeowners is the fact that they may not be in their home for the next 25 to 30 years, the average lifespan of a typical solar panel system. In this scenario, the cost of buying solar panels may seem unnecessary. However, this addition to your home will actually increase its value and expedite the process of selling the home, if and when the time comes. The buyer market is full of people who are excited about the idea of buying a home with a solar panel system, not only because it’s good for the ever-changing climate, but it has the added benefit of a significant lower utility bill.
Your Solar Panel System Should Have a Warranty
The best, most reputable companies will offer homebuyers a solar panel system warranty, but you shouldn’t settle for just any. Warranties should be a minimum of 25 years in running time. This will guarantee that you are covered for the length of time that you want to stay in the home, and will rollover to the next buyer with that 25-year guarantee already in place (another great selling point!) In addition, your warranty should cover the following:
Solar Panels
Inverter
Racking
Roof
Workmanship
Performance guarantee
It’s best to shop around and make sure that you are getting not only the best price and system but also the best coverage.
Your System Works Best With Battery Storage
Your solar panel system will convert your home into a clean energy machine, saving you hundreds in the process, but without battery storage, you won’t be covered in case of a power outage. Power outages can last for days, especially if they’re caused by a natural disaster such as a wildfire or hurricane. Solar homes with battery storage, such as the kind that can be provided by the Tesla Powerwall Battery, have the added benefit of being able to store the excess energy that the solar panels produce, and use this power to cover any of your energy needs in the event of an outage.
Ready to explore your solar panel options? Contact us today and we will guide you further through the process!