Is a Residential Solar Power System a Good Option for You?

Is your home suited to the benefits associated with solar power? Here’s what you must consider before installing a residential solar power system.

According to statistics from the SEIA, solar power installation prices are now 70% cheaper than they were ten years ago. That’s thanks to advanced in technology and the rapid growth of this industry.

The biggest benefit of home solar power systems is that they help reduce carbon emissions into the atmosphere.

For many, this is enough reason to install solar power. Most people need to think about solar power pros and cons before they take the plunge, though.

If you’re one of these cautious homeowners, keep reading for insights about whether a residential solar power system is the right choice for you.

Residential Solar Power System Affordability

Solar power prices might be in decline, but it’s still an expensive investment.

Cost savings are one of the main reasons why solar power benefits residential homeowners. Yet, you must bear in mind that your monthly payments on an off-grid solar power system might exceed your usual utility bills.

If you spend less than $75 per month on electricity, you might not benefit from taking out a solar loan to go off the grid. 

If that’s the case, it’s a good idea to consider a solar lease or PPA arrangement, where you don’t pay any upfront costs for your panels but still benefit from a reduced electricity bill. 

High Energy Bills Mean More Solar Panels

The higher your electricity, the more you’ll save with a solar installation. Bear in mind that high bills go hand in hand with excessive electricity consumption.

The more electricity you use in your home, the more solar panels you’ll need to keep everything running. If you’re serious about going solar, you should try to cut down on your electricity usage as much as ever first.

Simply replacing your halogen lightbulbs with LED lights can have a considerable impact on how much electricity you use at home. Replacing your water heater and major appliances with gas-powered models will cut it even more. 

Implement as many energy-saving measures as you can before you buy solar panels you don’t need. You can tell how much you’re using by checking your electricity bill. 

Your Roof Affects Your Solar Installation

Does your roof need major repairs, or do you need to replace it soon? Solar panels last for at least 20 to 40 years, so it’s best to get your roof into tip-top condition before you install them. 

Durable, strong roofing materials like asphalt or composite shingles, standing seam metal, or concrete tile work best for solar panels.

If your home has a more fragile roofing system in place, like wood shake, stone-coated steel, or slate tile, you’ll need to find a specialized solar installer. 

Sunlight is the star of the show when it comes to solar power for homes. So, if your home has large trees near it that cast shade on your roof, you might need to have them removed.

A Brighter Future for All 

Solar power for residential use is the ultimate solution for low carbon, energy-efficient living, but it isn’t ideal for everyone. 

Your best bet when installing a residential solar power system is to work with a reputable contractor who will help you find the most effective and affordable solution for your home.

Would you like to discover more about the mysterious world of technology? Browse our blog for all the best tips and information.