The solar industry in the U.S generated $17 billion in 2018. More people are investing in solar panels, but are they doing it right?
Do your research before having solar panels installed. Keep reading for five things to know before installing solar panels on your roof.
Consider Financing Options before Installing Solar Panels on your roof
The cost of solar panel installation depends on various factors such as the type of company you work with, the size of the system, and the type of panel, but it will cost you between $25,000 and $35,000.
Paying upfront is the most convenient method, but you can go for solar loans if you can’t afford the entire cost.
What if you don’t qualify for a loan and you lack funds for solar installation? Solar leases are the most suitable option for you if you find yourself in such a situation.
You will only need to pay some rental fees to start using solar panels.
Signing a power-purchase agreement is also an excellent option because you will buy discounted energy from the installer.
Can you DIY?
Leave solar panel installation to professionals. If you aren’t trained in installing solar panels, you will make mistakes that will cost you more in the long run. Such errors include:
Code Compliance and Safety Standards: If you DIY, you make a solar panel warranty void. Most warranties require the services of a licensed professional.
Wiring Problems: You have to deal with electrical elements for this job, so if you make a mistake, it might generate electric shocks.
Leaky Roof: Holes occur in the roof when installing solar panels. If you create or seal them improperly, the roof will leak.
Which Type of Solar Panel is the Best for You?
The main solar technologies used are photovoltaic and thermal, which serve different purposes. Solar thermal installation is recommended if you spend a lot on heating.
Finding qualified solar contractors for solar thermal is not easy, so do your research.
Photovoltaic converts sunlight into electricity, so it is suitable if you want to reduce your monthly electricity bills.
What about Warranty?
Warranties are essential to keep the manufacturer and installer accountable. Some incentive programs in various states require you to have a warranty.
Always ask for installation, equipment, and solar panel warranties to ensure that you get the best services and products that will last you for many years.
Can your Roof Support Solar Panels?
If your roof isn’t well exposed to sunlight, you will end up wasting money installing solar panels. Don’t give up on solar panel installation if your roof cannot support it. Shared or community solar is a great option.
Since solar panels last for decades, your roof needs to be in pristine condition to avoid renovations that will call for extra reinstallation costs. Replace the roof or repair it before you install your solar panel.
Do your research to find out other suitable options to increase the efficiency of your solar panel.
If you are looking forward to installing solar panels on your roof, follow these considerations to do it like a professional. Check out our blog today for additional information regarding solar panel installation.