Adding Solar Panels to Your House – 3 Important Considerations

There are three ways to add solar arrays to your house. You can buy them, lease them, or set up a Power Purchase Agreement with a company. Regardless of your decision, understanding solar energy will help you make a smart decision. The factors that should be considered include the costs, placement, and net metering. Listed below are the three most important considerations. You can use this information to make the right decision for your home.

Factors to consider

Before you install solar panels, consider several factors. The region in which your house is located will affect the amount of direct sunlight available. Tall buildings and trees can also obstruct the sun, decreasing energy production. Additionally, the amount of sunlight available on your roof will depend on your energy consumption. Consider the location of your house and the number of rooms. If your house is located in a flat area, consider using copper wires to connect your solar panels.

Cost

Installing solar panels on your house is not a cheap venture. The initial cost depends on several factors, including the size of your house and the amount of sunlight your area receives daily. You will also need to calculate how much energy you use each month, as the more energy your house produces, the higher the cost. For most homes, adding solar panels will cut your energy bill by at least 25%. However, if you don’t want to use solar power all year long, consider a battery solution.

Placement

The optimal position for a solar panel installation depends on several factors, including the orientation of the home, the shape of the roof, and the seasonal sunlight. Aside from the house itself, the location should be away from flood plains and prone to droughts. If you have a large garage or shed, you can convert it to solar panels. However, you must keep in mind that the solar panels will only produce power when they are near the equator.

Net metering

The net metering process gives you credit for energy you produce from your solar panels and then sends it back to the utility. This process helps you realize the full economic value of solar power, as you can then use your excess energy to offset your utility bill. With a properly-sized solar panel system, you can eliminate your electric bills completely. But how do you do that? The key is knowing how to properly calculate the amount of electricity your panels will generate.

Taxation

There are several advantages to adding solar panels to your house. They can add significant value to your home, but they can also increase your property tax. While some states have a steep tax on solar energy, others offer exemptions. In some states, solar energy equipment is exempt from property tax entirely, depending on its size and the state in which it is installed. Read on to learn more about the benefits and tax implications of solar energy systems.