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There are several important factors that you want to make sure you understand and consider before investing in solar panels for your home.

Utility Rates

Firstly, you want to make sure that you understand your utility company’s rates. In different areas, energy usage can vary. However, “going solar” removes top tiers from the cost formula. So, the more you spend on electricity currently, the more return of investment you receive on an installed solar system. Solar batteries, you don’t have to worry about, unless you’re building a self-contained living compound or something off the grid.

Energy usage

You also want to know how much energy your home uses each month. This will vary depending on the amount of tools, accessories, and electronics used in your home. It is recommended to get a solar installer to calculate the amount of electricity that you use each month. Solar systems should always be on the southwest area of your roof for maximum results.

Take a look at this video for some additional facts and useful helps in determining your decision to go solar or not…

Property Tax

Solar systems do not add to property tax, fortunately — and they won’t cause a reassessment of your property! In almost all states, if a property assessment happens to be triggered for whatever reason, having solar panels will not affect the property tax. Some states, though, are tricky, like some New England states like Rhode Island: http://riluxuryproperties.com,  and New Hampshire where you have make sure you are zone compliant. When in doubt, check!

Insurance

You can get insurance for your solar system for less then ten dollars a month. It’s important to have a good understanding of how long your solar panels last. In general, a solar panel can last up to thirty years or more! Annually, a solar panel loses 0.5% energy conversion efficiency. A myth is that panels can harm your roof. This is entirely false. They will not harm your roof in anyway. However, your roof type can alter the cost of installation. It’s easy to slap a solar system onto asphalt shingles, but not so much Greek or Spanish tile. It’s also very important to understand your solar warranties.

Warranties

A warranty can last up to 25 years on panels, and about 10 years on the solar inverters. However, it is important to remember that warranties do not cover other damages. A solar system is always a fantastic investment. You save energy and money. What else could you possibly want? Not only are solar systems dependable and affordable, but you can stay off the grid. When everyone else loses power, you will have energy. The sun doesn’t lose power, so why should you?