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What to Know Before a Solar Panel Purchase

What to Know Before a Solar Panel Purchase

Are you looking to buy solar panels for your home? If so, you’ve come to the right place.

Many states have seen an increase in installing solar panels due to the lockdowns, travel restrictions, and continued uncertainty. Making the switch to go solar is a smart decision.

You’ll not only be securing the future of your household but making the planet a little greener in the process. So if you’re on the brink of a solar panel purchase, we’ve got you covered today!

Read on as we tell you everything about why they’re such a good investment. Let’s get started!

Knowing Your Property’s Solar Potential

The amount of energy you can generate from solar panels is largely impacted by the type, size, and amount of sunlight that your property receives. The orientation of your rooftop or home can also make a difference.

South-facing roofs tend to get the most direct sunlight, which makes them the best option for solar panel installation. Additionally, some factors can influence the amount of energy such as:

  • The angle of your roof
  • Nearby trees and buildings
  • Weather patterns

Knowing these elements can help ensure that you buy the right amount of panels and reap maximum savings on your energy bill.

Check the Efficiency of the Solar Panel

Solar panel efficiency is measured in the ratio of energy output to energy input and is often expressed as a percentage. Those with higher efficiency typically cost more upfront but will save you money in the long run.

On the other hand, solar panels with lower efficacy will cost less initially but may not produce much energy in the long term. Solar panels may range from around 15 to 20%, depending on the technology used and the product chosen.

Knowing the capabilities of the panel can help buyers decide if it’s the perfect choice for their needs. To get the most out of it, researching will greatly help buyers make a sound purchase decision.

Consider the Type of Panel You Buy

It is important to explore the types of solar panels before investing in green energy. Monocrystalline and polycrystalline are the two most common types of solar panels.

Monocrystalline is typically more efficient and has a longer lifespan. However, polycrystalline panels are normally more affordable. Some elements to consider when selecting panel type are:

  • The climate
  • Usage of electricity
  • The property’s location
  • Angles of the sun’s rays

Other factors to look out for include the installation cost and the voltage rating of the panel. This will determine how competently the panel can convert sunlight into the energy it is intended to produce.

Check the Warrantied and Maintenance

Before you commit to a solar panel purchase, it is very crucial to check the warranty and maintenance. This will ensure you understand your rights and responsibilities associated with your purchase. The warranty should also cover the:

  • Duration of the solar panels
  • Costs associated with repairing the panels
  • What the manufacturers will replace or fix if needed

It is also imperative to recognize the requirements for your solar system. Ultimately, be certain to ask your installer or manufacturer what routine is necessary and if there is any additional cost involved.

Research the Cost of Buying Solar Panels

It is critical to explore prices from a variety of different suppliers to get the most efficient product at the best price. Also, be sure to review guarantee information and its financing options.

Furthermore, investigating system performance in different climates, warranties, and customer service ratings are important components when researching the cost of solar panels.

Lastly, be sure to know the product you’re buying and the overall benefits it may bring. Read and find more about getting maximum solar savings with no upfront costs today!

Read Up on Environmental Benefits

Before making a solar panel purchase, it is best to first read up on the environmental benefits that it can bring. By installing solar panels, owners can contribute to:

  • Reducing their carbon footprint
  • Improve air quality
  • Simultaneously reduce their energy bills

Knowing the facts is an essential step in the process of understanding the environmental benefits they bring. Finally, consider speaking to family and friends that already have solar panels and learn from their experiences.

Take the Time to Compare Different Models

Deciding to choose a solar panel system can be stressful. It is important to compare different models carefully before purchasing. There are several factors to consider such as:

  • The cost
  • Size of the system
  • Warranties and bonds
  • System efficiency
  • Climate and location
  • Mounting options

Moreover, get an estimate for the system cost, rebates, and incentives into consideration. Also, check what type of warranty is offered on the solar panel and other parts.

Look into the system efficiency and the type of mounting or racking you’ll need. Most importantly, make sure that whatever you choose is compatible with your roof to help make the process a lot easier.

Know the Incentives and Tax Credits

Depending on where you live, there may be state, federal, and/or local incentives. Keep in mind that many of these incentives may be performance-based and can vary with the size of your system.

Also, you may qualify for residential renewable energy tax credits from the federal government. To escalate the value of your investment, be certain to take advantage of any available credits and incentives.

Doing your due diligence beforehand can help you make the most of your solar purchase.

Calculating Return on Investment

A solar panel purchase should only be made after performing a thorough analysis of the calculated potential savings. After calculating all of these costs, the amount of savings should be compared to the cost of the system to determine the ROI.

With diligent research and smart decision-making, a buyer can make the most out of their panel purchase and enjoy its full potential.

Learn More About a Solar Panel Purchase Today

Solar panels are a great investment for those looking for renewable energy sources. Be sure to do research so you know which panels will best fit your home and budget and that you’re buying from a reputable solar power installer.

Having the right amount of knowledge, you will be well on your way to benefiting from your solar panel purchase. Now, it’s time to look around. Shop around and start saving on energy bills today!

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Article Submitted By Community Writer

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