Everyone has reasons for saving on their energy costs. Whether you are a homeowner or business owner, trimming your energy costs can save you money and help the environment.
But how do you know if solar for your house is right for you?
Besides taking control over your electrical bill, you can actually generate extra income for yourself with solar panels. If you generate more electricity than you use, you could sell that surplus energy onto the grid and make a few extra dollars each month.
Solar panels can even help increase the value of your home, depending on the size and condition of your panels. A reasonable return is $5,000 to $6,000 per each kilowatt of solar panels installed.
There are certain factors that might not make solar panels a great fit for your home.
The biggest concern is roof orientation. Panels are best when they are installed on roofs that face south or west. If your roof faces a different direction, is covered by too much shade, or if your roof is in poor condition you may not be able to install solar panels. Panels used for solar energy are also easiest to install on roofs that are asphalt or wood shingles. If your roof is a metal roof, concrete clay, or clay tiles installation will be difficult and costs will be higher.
Finally, this is the biggest reason some people may not be able to install solar panels — the payback period.
If your energy bills are already low (like less than $100 per month) it may not be economically feasible to install solar panels. Homeowners who already pay very little each month for electric would have payback periods that are simply too long in order to recoup the amount of money spent on a solar panel system.
For more information on whether or not solar panels are right for you, contact Sunrise Solar today.