Are Solar Panels Worth It?

Whether you’re trying to go off the grid or offset your carbon footprint, solar panels can be an attractive item to integrate into your lifestyle. The big question is, are they worth the investment? The short answer is ‘yes,’ they are absolutely worth the investment.

And to learn the long answer, just keep reading below!

The Electric Future 

From cellphones to cars, more and more key parts of our lives are running off of electricity. This trend has steadily been accelerating over the years and shows no sign of slowing down. As energy consumption rises, so too do the associated utility bills.

Installing solar panels is a great way to take back the power over your energy consumption. Instead of paying someone else for the electricity that you use, why not create and store that energy at home?

With solar, your future energy consumption is in your hands.

Solar Panels for Stormy Skys  

When looking into solar panels, one of the first comments to appear is “what about when it rains?” The good news is that all solar panels have the capability of directing energy into storage for later use. Depending on your available space and energy needs, these power cells can hold a charge for several weeks at a time.

Solar panels are also far more durable than they appear. They survive impacts equivalent to an MLB fastball hitting directly on its face. They are also built so that if one solar cell is damaged, the rest of them can still function.

This means that not even gale-force winds or your midsummer hailstorm can fully disrupt your solar service.

Modern solar panels produce around 4.5 kilowatts per hour of energy on average. That comes out to roughly 54 kWh per daylight cycle, or enough to power the average home twice over per day. Integrating that into your home means more time online and less time sitting in the dark.

That efficiency also means a lower carbon footprint over time. If you are concerned about the environmental impact of your lifestyle, know that small-scale solar panels have one of the lowest carbon footprints per energy source.

It also makes it a great way to integrate eco-consciousness into your daily life.

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Longterm Relationship 

Maintaining your solar panels is really as simple as routine cleanings and an annual inspection. If you do see damaged solar cells or notice a loss in efficiency, contact your solar panel provider for assistance with repair or replacement.

Many can be found easily in your area just by researching online. Some websites have tons of resources for people in specific states, like this one: https://blueravensolar.com/north-carolina/

As far as how long you can expect your solar panels to last, the current life expectancy of home solar panels is 25-30 years. That’s more than 3 times as long as your average slate roof is expected to survive. With such longevity, it makes sense to invest in solar for your property over time.

Final Answer 

Undoubtedly, going solar is the right investment for yourself and your property. Solar is a cost-effective and environmentally friendly way to future-proof your energy consumption. You just need to contact a solar installer to get the process started.

And to learn more about how solar panels can impact your life, just keep reading our website!

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How much do you pay for electricity?

Your current electricity bill is the largest factor in determining how much you’ll save by installing solar. You pay your utility company for every kilowatt-hour (kWh) of electricity you use, and your rate varies significantly depending on where you live. In some parts of the country, you can pay as little as 8 cents per kWh; in others, you’ll pay 20 cents or more.

When you go solar, you effectively install a mini power plant on your roof to replace the power plant where your utility gets its electricity. That means homeowners with high electricity rates from their utility are the ones who save the most when they switch to home solar power.

 

If you’re just getting started and aren’t sure how much solar can save you, start out by using an online Solar Calculator. EnergySage’s calculator incorporates local electricity rate data to give you a customized estimate of what you can expect to save, and just how quickly your investment will pay off.

How much does the solar panel system cost?

Installation prices will vary significantly depending on the solar company you choose and the equipment you install. While cheap solar panels might feel like the easiest way to save some cash, your total 20-year savings will often be higher if you invest in high-quality equipment. It’s worth taking some time to review all of your equipment options and find the right combination of price and quality for your home. You can use an online solar marketplace like EnergySage to easily compare all of your offers in one place, the same way you’d shop for a flight online.

Don’t forget to research the solar incentives and rebates available where you live: they can reduce your net cost by 50 percent or even more. The federal government offers a 26 percent solar tax credit, and many states and municipalities have additional financial incentives for their residents. Some utilities even offer cash rebates to their customers to encourage them to go solar.

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How are you financing your solar panel system?

Whether you choose to buy or lease your solar panels will have a major impact on your system’s long-term value. If you have enough to make a purchase in cash, you’ll save more than with any other option – but even with a $ 0-down solar loan, your savings could still be in the tens of thousands. While solar leases and power purchase agreements (PPAs) require no money down and promise a maintenance-free option, they come with a trade-off: your total savings will typically be just 10 to 30 percent of your utility electricity bill.

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