Purchasing a new house is a long term investment. At least, it is in most cases. You have to put down a large sum of money and then you slowly make it back as you save on rent and as the price of your home goes up. This is also the same case for solar panels. You have to put down a large sum of money to purchase and install the solar panels, and then over time you make that money back by not having to pay an electric bill. This article will cover a few simple tips on how to reduce the initial purchase and your payback time.
Do your research
This actually covers two different aspects. The first is knowing what kind of solar panel is best for your home. There are a lot of solar panels for sale at a number of prices. Cheapest doesn’t always mean the best. Look at wattage per square foot. This will give you a comparable value. In addition, find out how many panels you will need. There is no reason to pay extra unless you are planning to sell energy back to the power company. Upgrading a few appliances might save you some money on unneeded solar panels.
Check your local government. They will have a lot of helpful information, and you may also be able to apply for rebates and or loans that will help lower the price and make obtaining solar panels easier. You can find a lot of info here. This solar panel guide might also help.
Shop around. Don’t go with the first company you contact. Solar panels are getting more popular and there are now more companies installing them. Check with all the companies in your area.
What can you do yourself
With a little bit of research and work, you might be able to to do all or at least some of the work yourself. Since the cost of solar panels has gone down, installation is now one of the biggest costs. Doing the work yourself can substantially lower this.
Solar panels aren’t ideal for everyone, but for those that do get sun, they can be a great alternative to an energy bill.