Installing home solar panels can be a daunting process, but the benefits far outweigh the costs. We will be discussing the cost, installation and energy production of solar panels for home. You can also find tax incentives. After reading this article, you will be ready to choose the best system for your home. For any questions, please don't hesitate contact us. We can help with everything, from the installation to the tax benefits.
Cost
The cost of your home solar panel depends on how much electricity you use and what average energy production is in your locality. The wattage required can be calculated by multiplying the annual energy consumption by the peak sunlight hours in your region. A solar system's payback period can be as short at ten years depending on its type and location. Depending on how much energy you use, a larger system may be necessary than a smaller one.
Installation
To install home solar panels, the first thing you should do is measure your house. The size of your home will affect how much electricity it consumes. The consumption of electricity will increase if there are more rooms. If your house is small, you can choose a smaller solar panel. To determine how much power each room uses, you can use a home energy device before purchasing a solar panel.
Energy production
While you can expect to make a significant amount of electricity from your home solar panels, how much is sufficient? The answer depends on the amount of power you require for your household. Most American households will need enough power from a 20 or 30 panel system. However, there are many factors that affect how much energy your solar panels can produce. It all depends on where you live. Your home's solar panels' efficiency will also depend upon the amount of sunlight they receive.
Tax breaks
If you are thinking about installing solar panels on your home, there are tax breaks that you may be eligible for. However, there are some restrictions and the amounts of the credits vary. To be eligible for a solar tax credit you must own your house and be responsible for taxes. Check out our buyer's Guide for more details on how to qualify. The time is now to benefit from the incentives for solar panel installation.
Period of payback
The payback period for home-solar panels must be calculated taking into consideration many factors. First, you need to determine your electric bill. This can be determined using your local utility rates. However, you may also use a sample from your bills to calculate it. For seasonal fluctuations, try to look at least six years back. Assuming a 100% usage rate, the payback period would be approximately five years. If you are in Oregon or Washington, you can also request a solar rebate through the Energy Trust of Oregon.