According to a recent report, the U.S. solar market grew by 42% over the last decade. There are a number of factors that lead to the significant growth of the solar energy sector, such as economic volatility, government incentives, and technological advancements.
With the increasing cost of energy, one of the best ways to protect yourself from volatile energy prices is by going solar.
There are many reasons why people go solar. Some people want to save money on their utility bills, others want to reduce their environmental impact, and some just want to be a part of the solar revolution.
Whatever your reason to buy solar, here are four tips that will help you get started on the right foot:
Understand Your Solar Potential
Before you commit to installing a solar system, you should take time to understand how much energy you can expect to produce. By understanding your potential, you can determine the most efficient option for your home and how much you can expect to save on your monthly bill.
Solar Potential Calculators
There are many tools online that allow you to estimate the amount of energy you can expect to generate. This can be done by entering your zip code, and it will provide you with an estimated solar potential based on how many days of sunlight you have in your area.
You can calculate the energy you can expect to generate using this tool. You can also use the tool to estimate the energy you can expect to save by installing solar panels.
Learn About Solar Loans and Financing Options
There are many ways to finance your solar system. A solar loan is a great option for homeowners who are interested in going solar because it provides the option to pay off your system over a period of time.
This means that you will not have to put down a large amount of money right away, and you can still get the benefit of a lower monthly bill.
But, you should be careful about which loan you choose and how much you borrow.
First, you should know what the terms of the loan are. These terms include the length of the loan, how much interest you will pay, and how much you will be required to pay every month.
You should make sure that you are not paying more than you have to. However, when looking for a solar loan, it is possible to get a better deal by asking the lender for a free quote and comparing it with the quotes you get from other lenders.
Finally, you should think about your future needs. Will you need to borrow more money? How many years will you need to pay back the loan? Are you planning on expanding? Will you have more energy needs?
These are all important questions that you should ask yourself when thinking about a solar loan.
Net Metering Approval and Installation
The utility company must approve your solar installation before connecting the system to the grid. The process may vary based on where you live and your power provider.
Most solar installers use third party resources to connect solar panels to the grid, however, and have to follow a process that includes submitting paperwork to the local utility company. They may also need to visit the home to inspect the roof, wiring, and the equipment used in the installation process.
“Net metering” is a way to make the electricity from solar panels more valuable by selling it back to the utility company. Instead of giving away all your electricity for free, net metering lets you sell your extra electricity back to the utility company and earn a little money on top of that.
Consider Solar Equipment Warranties
Solar equipment warranties are a good way to ensure that you’re getting the most out of your investment. They protect you from the unexpected and cover the cost of repairs if something goes wrong.
You should always make sure that your solar system is covered under warranty, but it’s especially important to do this if you’re planning to go solar for the first time. If you purchase a home with solar panels and experience any issues, you’ll probably end up paying out of pocket for repairs.
A solar system warranty can cover anything related to the panels or the inverter. For example, you’ll be covered if the panels don’t work. In addition, the warranty can also cover things such as roof damage, theft, and fire damage.
If you have a good warranty, you’ll know that you’re protected against any issues with your system, and you won’t have to worry about paying out of pocket for repairs.
This guide at Blue Raven Solar will help you find a reputable company.
10 Reasons to Buy Solar
- You’ll save tons of money on your energy bills every year.
- You’ll get a free, tax-deductible solar energy credit on your taxes.
- You’ll save the planet and make the world a more beautiful place.
- You’ll be supporting renewable energy.
- You can help the people who rely on the grid.
- It’s the easiest way to reduce your carbon footprint.
- You’ll feel good about yourself and your community.
- Solar energy doesn’t require fossil fuels or nuclear waste.
- Solar power is good for the economy. We can create jobs and encourage businesses to innovate.
- And best of all, you’ll never again worry about getting power outages.
The Bottom Line
In the world of energy, it seems like everything is going solar. Whether you want to save money, protect our environment, or just go green, solar power is becoming more and more attractive.
But, before you buy solar, do your homework. Research your solar financing options, know about your area laws, and then make the transition.
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