Ten years ago, solar panels were not standard for residential use because the panels were not efficient enough to run a home. With modern advancements in solar panels, when using enough panels and an average annual energy load, solar panels can power a home with minimal energy used from the grid.Solar energy is great for the environment and powers your home, but it is also great for your wallet. Although installing systems may be expensive, what you end up paying after the fact will allow you to recoup expenses quickly.
Solar panels will work well for at least twenty-five years. Many panels even come with a thirty-year warranty. Once installed, these panels will last and last.
Solar electricity is affordable. Federal tax credits pay for roughly 30% of the entire system. Modern technology allows for panel installation to be at its lowest levels ever. Most solar panel experts estimate that systems will be paid off in lower utility bills within 5 to 8 years.
Adding panels to your home will increase its resale value, which means that when you end up moving, you will be able to sell your home for a higher price. A study was conducted by the Lawrence Berkeley National Laboratory which looked at 22,000 households with solar panels, and the conclusion was that, on average, homes sell for $14,000.00 more than a similar home without panels. Even if you move shortly after installing panels, you should see a return on your investment.
Each home will save different amounts depending on how many panels are installed, where they are installed, and how much energy a home consumes. A rough estimate suggests that a kWh from a power plant will cost 20 cents and from solar panels it will cost closer to 8. These savings are seen on every energy bill.
Simply put, solar panels are useful and should be strongly considered for most homes. For more information about the best solar panels Staten Island and Manhattan has, please give us a call.