A solar system can help you reduce your monthly electricity bill. You must ensure you're getting the right size system for you. While some systems are small enough to fit on the roof of your home, others require additional upgrades to your roofing and main electrical panel. These additional costs account for the largest portion of the total project cost.
You can expect to save more than $1,500 each year by installing solar panels. The federal government also offers a 30% tax credit on the total cost. If you are considering purchasing a solar system, it is a good idea to check out several solar installers before making your final choice. The quality of the equipment and the service offered by the installer should be evaluated. The Better Business Bureau and reviews online about solar providers are also important.
A small generator may be an option if you don't have enough space to install a solar panel system. A battery bank is another option for storing energy. A battery bank can store energy for several days or even weeks. This allows you to use the battery bank for lighting your garage or shed. In some cases you might want to look into a community solar project. This is a great alternative for renters or people who can't afford to buy a solar system.
Installing a solar panel can result in a savings of up to 75% on electric bills. This is because solar power depends on how many sun hours you have. You can generate 10,800-14,000.00 kilowatts annually if you live in sunny areas.
Solar energy can be used to cool your garage and shed, in addition to saving money every month on your electric bill. Your battery bank can also be used to store energy for days or weeks when the sun is not shining.
The average cost of electricity in the United States is 16.6 Cents per kilowatt hour. This will continue to rise by 2.7% each year. You can avoid paying the higher rates by buying a solar panel system. You can also benefit from tax credits and rebates. The federal tax credit is available until 2022. To be sure, consult your tax advisor.
You might consider a ground mount solar system if your roof is not suitable for solar panel installation. A ground-mount solar system will run you more money than a roof-mounted solution because of the additional labor costs and material.
When selecting a home solar system, it is important to assess the quality of both the inverter (solar panels) and customer service. Online reviews are a great way to learn more about a solar provider.