While installing solar panels at home can seem overwhelming, the benefits outweigh any potential difficulties. We will talk about the costs and installation of solar panels and the energy produced by them. Also, how tax breaks may be available. You will be able to make an informed decision about the best home solar system. If you have any questions about the process, don't hesitate to contact us. We can help with everything, from the installation to the tax benefits.
Cost
Cost of solar panels for your home will depend on how much energy you use each month and the average energy production in your region. By multiplying your annual energy usage by the maximum sunshine hours in your location, you can calculate the wattage. The payback period of a solar system can be as short as ten years, depending on the system type and location. A larger system might be better than one that is smaller, depending on how you use electricity.
Installation
It is important to measure the size of your house before you install solar panels. The amount of electricity a house consumes will depend on its size. The greater the number of rooms, the more electricity you will need. 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
With home solar panels you can expect to generate a lot of electricity. But how much is enough? The answer to that question is dependent on how much power you need to run your household. A typical American household will require sufficient power to run a 20-panel 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. You will also need to consider how much sun your panels receive.
Tax breaks
Consider installing home solar panels. There are many tax benefits that you could take advantage of. However, the credits are subject to certain limitations and can be worth different amounts. To qualify for a solar tax credit, you must own your home and be responsible for paying taxes. Our buyer's guide has more information about qualifying. This is the right time to grab the incentives if your goal is to install solar panels.
Payback period
The payback period for home-solar panels must be calculated taking into consideration many factors. First, determine the amount of your monthly electric bill. This is usually determined by the local utility rates. However it can also be calculated using a sample of your previous bills. If possible, go at least six months back, to account for seasonal fluctuations. Based on a 100% usage ratio, the payback period would be around five years. The Energy Trust of Oregon offers a rebate for Oregon residents who live in Washington or Oregon.