Solar energy is more popular than ever. Increased awareness about the long-term viability and environmental damage from using fossil fuels has been one of the factors driving interest in solar power. Since 2014, the cost of solar panels has dropped by almost 50% in the United States, which has also contributed to solar power’s growing popularity.
If installing solar panels is something you’re considering, there are some essential factors to consider to ensure you make an informed decision.
Commercial Solar Panels
Commercial solar panels are panels that are installed on roofs or mounted on the ground. They are placed close to the intended recipient of the power that’s generated. Commercial solar panels are typically installed on the roof of a client’s house and used to provide electricity.
Roofing
You may need a new roof before solar panels are installed. Your roof should support the solar system for its lifespan, which is typically 20 to 25 years. If your roof needs to be replaced in a few years, you will need to have your solar panels removed and reinstalled. You will save money by installing a new roof before installing your solar panels.
Turn to a Denver commercial roofing company, such as Metro City Roofing Services, who employ state-licensed adjusters to assess roofs to determine your existing roof’s anticipated lifespan. Roofing experts can help you determine the best type of roof to support your new panels, and ensure your roof is in superb shape before your panels are installed.
Installation Cost
Solar panels can cost $10,500 or more to install. Costs are affected by the size of the system and the quality of the solar panels.
Although economic factors can affect the solar industry, homeowners have more financing options than ever before. Companies such as Loanpal specialize in providing homeowners with loans to install clean energy systems, including solar panels. Loanpal has a streamlined process for applications, and within a few minutes of completing an online application, you can have a decision on your loan. Loanpal transfers the money directly to you and also has a website where you can make loan payments.
Incidental Costs
You may need to have trees removed if your roof is in the shade most of the day. If you have young trees that may affect the amount of sunlight your panels receive in the future, you may need them trimmed regularly.
Types of Systems
Solar photovoltaic systems produce energy from sunlight. Thermal systems heat air or water. Solar photovoltaic systems are more common, but thermal systems can be more cost-effective if you have high heating costs.
Environmental Impact
Solar panels do not cause air pollution or greenhouse gases when they’re operating. The panels also do not contribute to water pollution. Air pollution, water pollution, and greenhouse gases are all bi-products of extracting and using fossil fuels. Pollution and greenhouse gases are contributing to climate change and threatening species with extinction. With solar panels, you can be confident that you’re not contributing to environmental duress.
Financial Benefits
Your home energy bills will decrease if you install solar panels, but the amount of money you save will depend on several factors. Your cost savings from solar will be affected by how many other methods you’ve employed to conserve energy. Insulating your hot water tank, using cold water to wash clothes, replacing lightbulbs with LED bulbs, installing energy-efficient appliances, and conserving energy during peak hours will reduce the amount of energy you consume, and reduce your savings from solar power.
Many states offer grants or subsidies, which means you can recoup some of the installation costs. You may also be eligible for tax breaks. Check your local laws to ensure you’re aware of all of the potential benefits of installing solar panels.
Your home’s value will increase if you have solar power. In 2019 the average home price rose 4.1% if the house had solar panels.
Disadvantages
Your solar panels are dependent upon sunlight, which means if you have an extended period of bad weather, your solar panels may not generate energy. The other primary disadvantage is the cost of installation. They are also limited to the installation location. If you need to relocate, you will have to install new solar panels in your next home.