The Green Scoop

Checking List to Have Affordable Solar Panels - Yes, Affordable!

Checking List to Have Affordable Solar Panels - Yes, Affordable!

Checking List To Have Affordable Solar Panels - Yes, Affordable

If you would like to help the environment and at the same time save on your electricity bill, chances are you need solar panels. You may be thinking "I could never afford solar panels". Many solar system companies have indeed told their customers they would have to wait up to 10 years to see some profit from their investment.

However, according to Sunrun President and co-Founder Lynn Jurich, "the widespread myth that solar is too expensive is a remnant from the time when buying costly panels for tens of thousands of dollars was the only option…misinformation is the root of the problem."

Fortunately, times are changing, and it's getting easier to benefit from this solar technology that was once considered a rich people thing. Yet, you still may consider certain factors before taking a step forward to change your energy consumption.


Check your electricity bill

The more you pay, the higher the chance you will benefit from applying a solar system in your home. As solar panels create their own power, they can decrease a significant part of your monthly bill. Sometimes even the total amount. Before purchasing the equipment, you may check electricity rates applied to your location, as they can vary.


Check the residential solar panel cost

Buying solar panels is still a considerable investment, but you will save money in the long-term. You may take note from your utility bill how much energy you usually consume. By doing so, you will know the solar system's size you need, to provide that same amount of energy.


Check your sunlight exposure

Naturally, more sun leads to more energy produced from the solar system. In other words, more savings. The amount of energy you get will always depend on the weather. Take note of the average number of sunlight hours per day, on the amount of shade over your roof as well as your home's orientation towards the sun.


Check how much space you have available

In case you have a roof with limited space, it will affect the size of your solar system. You can still install your solar panels on a ground mount, although it will increase the total cost.


Check sponsored programs

Before you pull your wallet out, get informed about incentives. Governments may cover some costs to the ones that want to invest in solar systems. You can apply for a grant and cover some of your investment.


After all these checks, if everything seems favorable, you are finally ready to take the final step and apply solar panels to your home. Realize that your future solar system will pay for itself, and its maintenance is minimal. EnergySage says the standard period for a solar system payback can take between 5 to 10 years.


Remember, the payback from your solar system will always depend on:

- The amount of money you invested (don't forget the installation cost!),

- The cost of electricity (which varies over time), and

- The amount of energy your solar system provides you (which depends on the weather).


Now, you should also know that if you have enough panels and they provide more energy than you need, you can sell that extra energy to your power company.

If you still need more information, you can get all your answers with EnergySage. It will help you to compare prices to start having clean energy in your home.