If you’re a Phoenix homeowner, you may be considering investing in solar panels; this is a great decision. Since solar energy is a renewable resource, it’s good for the environment. What’s more, it’s beneficial for your energy bills and home. However, there are a few things you should consider before investing.
Viability of Your Property and Roof
The first thing you should consider is the viability of your property. If your home doesn’t get much sunlight, solar panels may not be right for you. Additionally, if your roof isn’t in good condition, it might not be able to support solar panels. Before spending too much time and money on the project, pay a roofing expert to inspect the installation of your roof. They will be able to tell you whether your roof can support solar panels.
In terms of sunlight, it tends to differ from one state to the next. For example, in a state like Arizona, where the sun shines almost every day, solar panels are a great investment. However, in a state like Alaska, where there is very little sunlight,
Your Energy Usage
Another important factor to consider is your energy usage. If you don’t use much energy, solar panels may not be worth the investment. However, if you have a high energy usage, solar panels can save you a lot of money in the long run. The best way to determine if solar panels are right for you is to speak with a solar panel expert.
What constitutes ‘high energy usage’? Different people have different energy needs, so there’s no easy answer to this question. Yet, as a rule of thumb, if your energy bills are higher than $100 per month, solar panels could be a good investment. Our appliance and electronic energy use calculator allows you to estimate your annual energy.
The Cost of Solar Panels
Of course, you mustn’t forget the cost of solar panels. Although prices have tumbled over the years, solar panels are still not cheap. What’s more, the cost can vary greatly depending on the size and type of system you choose.
With that being said, solar panels are a long-term investment. In other words, they will save you money in the long run. In fact, according to Energy Sage, the average solar panel system will pay for itself in just seven years. How? Well, you’ll be saving money on your energy bills every month.
Solar Rebates and Incentives
Last but not least, Arizona homeowners can take advantage of solar rebates and incentives. For example, the state offers a tax credit worth up to $1,000 for installing solar panels. There are also federal incentives, like the Solar Investment Tax Credit, which allows you to deduct 26% of the cost of your solar panel system from your federal taxes.
Therefore, the investment might not be quite as much as you think. With all these factors to consider, it’s no wonder that solar panel installation is on the rise in Phoenix.
If you decide to go ahead with solar panels, there’s also the bonus consideration of choosing a solar panel provider. Do your research to make sure you’re getting the best quality panels and installation for your money. As well as getting a roof inspection before panels, you should also get your roof inspected after the installation. Also, get a home energy audit to see where you can make other improvements. Lets you search for local rebates and incentives that might be available to you.
All in all, solar panels are a great investment for most Phoenix homeowners. Why not get started today?