Is Home Solar PV Right for You?
If you want to jump straight into the numbers for your situation, get solar quotes via these two solar sites:
If you want to learn more first, read on…
Considering a home solar PV system? Of course you are…you’re human. Who hasn’t dreamt of generating their own power straight from their roof, cutting their utility bills potentially to zero, breaking their dependence on fossil fuels….? The question, however, is not whether you want to, but whether you should, and how you go about doing it. Here are some concepts to think through to decide whether you ought to put solar panels on your home.
Is your home a good candidate for solar?
There are many factors that must be determined to answer this question, but they’re not what you might think at first. Probably the #1 misconception about home solar is that you have to live in a sunny, tropical environment, close to the equator, in order to benefit from solar power. The truth is, people as far north as Alaska are getting on the solar bandwagon… and making a lot of money by doing so. On the right is an infographic showing average return on investment from going solar by state (click, and then click again, to enlarge it).
You’ll note that sunny states like Florida, Georgia, Texas, Alabama, Mississippi, and Louisiana are nowhere near the top of the chart, and states like New York, Connecticut, Colorado, Massachusetts, and Delaware are way up in the top 10.
Among the many factors that play a role in determining whether your home is a good candidate for solar include the age of the roof, the potential for shading from other buildings or vegetation, whether there are good rebates and tax incentives in your area, how supportive your local utility is, and how your home is metered.
The best way to find out if your home is good for solar is to get a customized solar report …
How do the finances stack up?
… next, you’ll want to think about whether going solar is a good investment for you or not. The report you get from Cost of Solar (above) will go a long way toward answering that question. The calculator, however, is based on a lot of assumptions. It can help to estimate your electricity costs, the cost of solar power in your area, and how much you might save by going solar. But to get closer to reality, you need to have a solar installer visit and give you an actual quote. Cost of Solar can typically send someone to your house to do so (free of charge), but it is not the only company offering this. Here’s another company that can provide you with a similar service (also free) if you fill out its quick, one-page form:
Once you have some actual solar quotes in your hands, you can compare to your current bills and start to think about how to pay for the solar system. Thankfully, there are a number of options, including quite a few that require no money down and allow you to pay for the system over time with the savings you’ll generate by reducing your electric bill.
So, what are you doing reading at this point?! Click through to those sites above in order to have a licensed solar professional (or a couple of them) get in touch with you and discuss your options!
Additional Solar Resources
If you’d like to know more, below’s a great list of additional solar resources to help you get acquainted with the technology and state of the solar market. Enjoy!
- How solar cells work
- How solar panels work
- The technology behind solar power generation
- Solar power trends and overview
- Solar energy & solar power facts
- The most efficient solar panels
- Top solar companies
- The “best” solar panels (they’re not all created equal!)