Solar energy can save a family a lot of money on their home energy costs. However, the initial costs of installing solar panels is very expensive. Consider the factors below to find out if solar energy is right for your home.
1. Find out what your home’s energy consumption is. If you consume a lot of energy then investing in a full solar system will be beneficial for you. We recommend a 3KW system ($3,000-$5,000) for 2 adults, a 5KW system ($4,500-$6,000) for 2 adults and a child and a 6.6Kw system ($5,500-$8,500) for 2 adults and 2 children.
2. Learn about any incentives or grants you might qualify for. Due to the benefits of solar energy on the environment there are government grants in place to encourage people to invest in solar power. Make sure you check your local state website to see if there are rebates available.
3. Decide what reducing your carbon footprint means to you. For some people, consuming less energy is a way they can feel good about their contribution to the environment. With scientists worried about global warming and the polar ice caps melting, this is a way you can make a small difference.
4. Make sure that you have more than enough funds to complete the project. It’s wise to make sure that your solar provider is providing you with a complete or fixed price quote before investing in solar. In some instances you can borrow money against the equity in your home or get an interest free loan. Just ensure that you have thought through the financial options and you’re making the best financial decision for your family. You should also consider how much it’s going to cost to maintain your solar system.
5. Talk with your family and friends about the benefits and downfalls. To get a good feel for whether you should invest in solar power or not make sure you speak to your family and friends – especially the family and friends that have already invested in solar. They’re sure to give you an honest, unbiased opinion.
Installing solar energy panels can drastically reduce your family’s carbon footprint and your energy bill over time. Consider the factors listed above to decide if you are ready to make the changes to your home to run off of solar energy.