When is it a good time to go solar? Here’s why you shouldn’t wait.
Residential electricity rates in the U.S have increased by 15% in the last 10 years and the number will continue to rise.
Why You Should Choose a Solar Rooftop
Installing a solar rooftop is a large investment that has many benefits for you, your family, and the environment. Here are questions some people ask about solar panels before an installation project:
Is my rooftop suitable? Your rooftop will need to be inspected before installation to see if it’s in the right condition. Racks will be screwed into the roof to support the panels and your roof will need to be in good condition to handle the job.
Contractors will also look at the trees around your home and determine if there is too much shading on your roof. Trees and branches on your property can be trimmed or taken down but your neighbor’s trees could have an impact as well.
What system size should I choose for optimal savings? To determine the size, a representative will first look at:
- Home energy usage
- Layout and angle of your roof
- Surplus energy you will export to the grid
- How much you’re paying for electricity
Is there a warranty with my solar system? Your system will come with a warranty and production quality guarantees. Just ask the contractor and production company.
Top 5 Reasons to Go Solar
Let’s take a look at the reason to go solar.
1. Reduce Electric Bills
Many variables go into how quickly you will pay off your solar panels in electric bill savings but it could be as little as 6 to 9 years.
How much you save depends on the amount of sunlight that reaches your rooftop, how much electricity you use, and the size of your system and how much power it can generate. When the panels are exposed to sunlight, solar energy will be used. If there is substantial cloud cover or if it’s night, your system will switch over to electric.
2. Increase Property Value
Every year the demand for solar rooftops in the U.S. rises. The U.S. Department of Energy surveyed 4,000 homeowners with solar rooftops and found that buyers were willing to pay $15,000 more for a house with this system.
3. Better For the Environment
Solar rooftops provide clean renewable energy without air or carbon pollution and no waste products are produced. Investing in solar energy is not only beneficial for you and your family’s health but the entire community as well.
4. Tax Credit 2020
For the year 2020, the IRS is offering a tax credit of 26% of your project costs under these conditions:
- You own the solar rooftop system by cash or loan (no leases)
- You have an income tax liability
For the year 2021, that number will drop to 22%.
5. Dependable and Reliable
In a study conducted by the Energy Department, 5 out of 10,000 panels failed that were placed between the years 2000 and 2015 which is a failure rate of only .05%. In the past 5 years, failure rates are lower due to a higher quality manufacturing process.
If you decide to go solar, you will always have electricity. Even if the sun isn’t out, your system will switch over to the electrical grid.
Does My Home Qualify?
Contact a professional solar contractor to schedule a visit with a representative. These professionals will able to determine if your home qualifies for a solar rooftop and be able to answer any questions.