Posted by Marie Poppins on June 27, 2019 in Business
Lets post about How much do solar panels cost?. Government and state rebates have become available both on utility-scale and for the majority of homeowners. This means that the effective costs of solar panels are much less than what they used to be. In some cases, the price of a residential photovoltaic system can be cut more than 50%. As of 12/31/2008, the U.S. government offers a 30% tax credit with no upper limit. Chances are your home is also eligible for other grants and rebates.
Solar energy is an intermittent energy source. Access to sunlight is limited at certain times (e.g. morning and night). Predicting overcast days can be difficult. This is why solar power is not our first choice when it comes to meeting the base load energy demand. However, solar power has fewer problems than wind power when it comes to intermittence.
With the introduction of net metering and feed-in tariff (FIT) schemes, homeowners can now “sell” excess electricity, or receive bill credits, during times when they produce more electricity than what they actually consume. This means that homeowners can reduce their overall electricity expenses by going solar. Data from Solar-Estimate reveals that adding solar panels to your home can bring in annual savings of well above $1000 per year in many states. In California, residents save on average $28,000 after 20 years! The availability of solar finance options in the form of Solar PPA agreements and various zero down loan facilities has meant solar is now more affordable and more available than ever before.
Solar panels (also known as photovoltaic panels) are installed on your home. The solar panels convert light (photons) into electricity (voltage). Each panel is connected to a microinverter that changes the electric current from DC (direct current) to AC (alternating current). Each microinverter operates independently of the others so that if one stops working your system is still generating maximum power. The benefits of switching to solar energy are many. Adding solar panels to your home offers a secure investment as solar energy is not only sustainable but renewable as well. It is performance guaranteed and proven to significantly increase the value of your home while decreasing your energy bills.
During the solar installation process, your conduit and inverter will be set in place prior to mounting the solar panels. We will then fit the roof anchors and attach the frame to securely hold the solar panels in place. After wiring the panels, the inverter, and finally your home, final inspection will be performed. After the inspection, you’ll have solar energy powering your home with a simple flip of a switch.
There are a few factors that go into pricing a solar panel installation. At SunKey, we offer three types of panels and two types of inverters. This equates to five different system designs, each of which has a different cost associated with it. Next, we need to take into account the size of your home and roof space, the accessibility and slope of your roof, whether you want an off-grid or grid-tied system, and whether your electrical panel requires any upgrades prior to installing the solar panel system. See extra details at Solar energy, making the world a better place.