Planning to have solar panels installed at home, you might be interested in knowing almost everything about it. So, here we are with a list of things that prospective solar panels for homes buyers should know.
- Cost of residential solar panels: The cost of residential solar panels have fallen by 70% in the last ten years. Getting your house powered by solar energy won’t cost you much. Moreover, you can recoup the investment over the period of installation.
- Commercial solar panels Vs. Residential solar panels: Residential solar panels are designed with a consistent size while the size of a commercial solar panel is customized to meet the requirement. A commercial panel can produce electricity to power an entire town.
- Power Grid Connected Solar Panels: As the homeowner, you can choose to either to connect the solar panels with a power grid and take benefit of net metering. This means you can save on the electricity bill by using solar energy and can benefit from selling the extra power generated by the panels to the utility department.
- Space Needed: Residential solar panels can be installed either on the roof or the landscape, depending on the space you have. That means if you don’t have space on the roof for the panels, you can have them installed on the ground with optimum sun exposure.
- Solar Panels for Rental Properties: If you plan to put your house on rent, you can still have solar panels installed. Solar panels can increase the property net worth manifolds.
- Break-Even Point: Many homeowners are interested in known the break-even point of their residential solar panels. The break-even point usually comes after eight years of installation.
You can power your entire house with the energy produced by the solar panels. In fact, solar can be an energy-efficient way to power your TV! Installing solar panels is the best thing you can do for your home.