Solar power hasn’t always been as popular as it is today. It was an expensive enterprise only reserved for the wealthiest homes or industries. However, with massive investments in solar energy systems, the general costs of components have come down and with market forces at play, it is now possible to have solar energy at home for as little as $45000.
This figure will likely reduce further with increased investment in solar energy systems and more liberalization o the industry. There are already solar companies offering solar power to the poorest areas of the world, where even grid electricity has not reached yet. In this guide, you will learn about solar energy systems and how best to benefit from them.
Making Solar Energy Work for You
Not everyone will derive the same benefits from solar energy and this is likely due to uninformed choices and not conducting the right research. People have different needs and you need to consult a qualified solar expert to tell you whether you are likely to benefit from solar power.
Cost is an important factor when getting solar energy. If your home’s value is low, then there is no point in getting solar energy, especially if there is a likelihood you’ll need to completely tear down or sell off your home in the short term.
Most solar energy installations cost about $45000 and this is a steep price unless you can afford it. However, if you can’t it’s better to stick to grid power until your finances are stable enough to undertake this massive investment.
An excellent way to make solar work for you is by choosing a hybrid system. Solar companies will likely advice you to take a hybrid system that combines both grid electricity and solar electricity in order to maximize on the advantages of both. With grid, you get reliable power during winters and with solar you get cheap power during summer.
Another trick is to choose a solar panel companies with a lot of networks across the component supply chain. Most solar panel companies only offer solar panels and advice on other inverters and batteries that work best with their panels. A good solar panel company will be open and honest on which other components you can pair their panels with.
How to Benefit from State and Federal Incentives
Your state will likely have several incentives for solar power use at home. There are tax breaks and even lower home insurance premiums for homes with solar power. These incentives greatly reduce your overall installation costs and will also reduce your overall bills over time.
In some cases, the combination of these incentives and discounts will offset the installation cost in the short term, making your solar installation one o the best investment decisions you will ever make.
In conclusion, there are many benefits to getting solar power installation at home. It all starts with getting the right solar company to offer consultation on your home installation.