5 Things You Should Know When Installing Solar Panels On A New House
Starting the process of moving can be difficult and getting into a new home can require significant coordination. While it’s likely that you received a complete inspection of your home, it’s very unlikely that you would want to start an immediate renovation on a new home when you first move in. One of the most advantageous renovations that you could take on when you are taking possession of a new home is the option for solar panels. Getting into a new home and saving some serious money on utility bills with solar panel installation is a great way that you can celebrate your new property. This home improvement project can save you money while also helping you settle into a new space. Here are 5 things you should know when installing solar panels on a new house.
Your ability to generate power with a solar system comes down to the location that it is placed and the area that you live in. Depending on the area where you are buying a home, you may qualify for a series of tax credits on your solar panel installation. Every state sets its own rules for solar panel installation including how much renewable energy you can save and what you need to do to pay for your solar panel resolution costs over time. The average installation cost for solar energy varies per state and the energy credits can vary too. Proper research into what you could qualify for can make sure that you are taking advantage of every program for your state.
Research For Your Home
Take a look at some of the areas of your home where you could practice better energy efficiency. The sooner you take possession you might want to start looking in on the fixtures that you have in place, the appliances that can be found throughout your home, and how you can take on new energy-saving measures to better utilize the power that you’re generating. By taking on these energy-saving measures, you can make sure that you are saving the most and maximizing your energy credits.
Getting a roofing inspection can be another aspect of research that is important. Maintaining proper placement for your solar panels and ensuring that the roof can manage the installation through proper structural integrity remains highly important. Shade can decrease your solar energy output and obstructions on your roof can lead to increases in labor costs.
Get Several Quotes
Getting quotes from several companies and checking in on the services that you can offer to you will be important. Surveying your roof and getting a quote on the structural integrity can be an important first step. There’s a series of online tools that can be used to get estimates on solar energy production and how you can get the most out of your solar energy installation.
Be Prepared In Your Budget
A solar system installation can cost an average of $25,000 before tax and incentives. Your tax incentives can subtract roughly $7500 from your costs, but you will be waiting for your tax return to receive the funds back. The payback for the solar system is relatively quick especially with the increased cost of power. Most people can recoup their funds within five years of the system being installed. You could also consider working with a company that would offer you a financing plan for your solar installation.
Solar Can Be A Commitment For Your Home
Solar panels often come with 25-year warranties for efficiency in their production. This means that your solar panels will be producing 85% of their efficiency for 25 years after they are installed. If you don’t plan on staying in a new home for a long period of time, solar installations may not offer you much in the way of cost savings.
Contact our team of professionals today if you are thinking about installing solar systems throughout your new home.