Are you thinking about switching to solar energy at home? Everything you need to know about the scope and price of the project is laid out here.
The first step is determining how much of your home’s energy needs can be met by solar panels. Just the water and the water heating equipment, using solar power? Do you plan on using solar energy to run the entire home independently of the power grid? Either way, you’ll want to know your monthly energy consumption rates.
Determine your typical energy consumption by looking at your monthly invoices. Keep track of the times of day that your energy consumption spikes. Power usage throughout the holiday season can spike unexpectedly. Your home’s maximal energy usage is what you’ll want to plan your solar power system around.
Multiply these numbers by at least 1.5 once you have them. You’ll have some room to accommodate any large home appliances you add. You can estimate the number of solar panels you will need now that you know how much sunlight you will need to collect.
If you want to get solar panels, I suggest doing it online. Type “solar panel pallet” into the search bar on eBay. You might expect to find a fantastic deal in that area. Recent months have seen a steep price decline. To power a typical family home with solar panels would cost less than $15,000.
Employ competent professionals who have done similar work before. Again, use a search engine or the yellow pages to find what you need. The rule of thumb is to get three prices. Although price is crucial, they also need extensive experience installing solar panels for homes.
Talk to the reliable and affordable professional you’ve found about which inverter to get and how much it will cost. Direct current (DC electricity) is generated by solar panels using the sun’s energy. The inverter changes this direct current (DC) into an alternating current (AC). An inverter is a necessary component for every residential solar power system. Inverters are crucial since nearly all household appliances require AC power.
A decent inverter will set you back around $2,000. Installation costs will add another $500. While solar panels, with proper maintenance, can last for 25–30 years, inverters only have a 10-year lifespan at best. Therefore, it’s likely that you’ll eventually have to get a new inverter.
High-quality batteries are essential for storing the extra solar electricity you generate on cloudy days if you want to live entirely off the grid. That way, you may keep your lights and appliances on during the night and on cloudy days. The deep-cycle varieties range in price from $50 to $100. About ten of these are required. Every three to five years, you should get new batteries.
The average cost of installation is around $10,000. However, there is no single fixed fee for installation. How did you go about building that roof? More money is needed to secure the panels on steep roofs or Spanish tiles adequately. Leak-proof sealing in such roofing systems adds even more expense.
Solar power systems may usually be installed with minimal electrical work. It’s not uncommon for older homes to need additional electrical work. However, having a licensed electrician inspect the wiring would be best.
Don’t forget to ask for help from the government. Almost everywhere in the world, governments are providing significant tax breaks. The utility company you use may also offer rebates. These can account for up to half of the price tag.
As a last point, taking precautions while purchasing residential solar panels is prudent. Have your insurance agent include this in your current homeowner’s policy. Insuring your new solar power system won’t add more than $100 to your yearly premiums for a typical policy. This will safeguard the money you’ve put into the house. You may rest easy knowing that your $40,000 solar system is protected for only $100 more yearly.
Consider your solar energy system investment in the long run. Installing something requires careful attention at every stage. Asking, “What is the payback time?” might help you keep your investment’s value in mind. After the first investment is made, you will enjoy years of cost-free access to electricity.
Think about getting a loan to pay for your solar home energy system. The upfront cost may be high, but the recurring charges will likely be cheaper than your electricity bill. As a result, you end up spending less.
Solar electricity for houses makes sense for several reasons, not the least of which is the money it may save. I appreciate your efforts to lessen your impact on the environment. This way, future generations can inherit a healthy Earth. That’s the bare minimum that should be done for them, no?
Sam Deane, the father of 20-year-old singer-songwriter Sula Mae, has worked as a magazine editor, publisher, life coach, and trainer worldwide. He now runs a popular and active solar energy site, writing on solar panels.