Making the Most Out of Residential Solar Panels

Many people finance residential solar panels, and their property value increases by as much as the solar panel cost, and 10% extra. There are many rebates that are offered by state governments, to the people who get these panels for their homes.

What is the average cost of getting these panels for home?

The cost of these panels generally depends upon the energy requirements and size. Your requirements may largely differ from someone else’s requirements. The ROI of these panels also depends on the area where you live. With the rapidly developing technology in the field of solar power, these panels are getting more and more affordable for common people.

Depending upon your requirements, you might need a panel or a group of panels, and this might result in a difference of tens of thousands of dollars. You might be having a small one room house, which can be easily powered by solar panels, whereas the same solar panel would not be adequate for a ten room house.

Here are a few steps to get the most benefits from these panels:

1. Try to consume less electricity. This can be done by simply switching off the power supplies as and when you’re not using them. You can also use CFL light bulbs instead of the traditional light sources. If your electricity consumption reduces, the electricity generated from these panels would be adequate to cover up your power needs.

2. Determine the correct size of the solar panels. To find out the perfect size of these panels required for your house, you can make use of a solar installer, who will come to your house and tell you the exact size that you would require. This again depends upon your power usage, and the climate of your area.

3. Get rebates. When you have solar panels on your roof top, you are eligible for the Energy Efficient Mortgage (E.E.M). You can get finance for these panels from the EEMs. Also, most states in the U.S. offer tax rebates to people who rely on green energy sources. This is another factor where you can save your money.

These are just some points by which you can get the maximum advantage from these panels. These panels help you in another way. The mortgage value of your house increases a lot, if you are using green energy sources, like solar panels. These panels can be used in a number of ways- from floor and pool heating, to covering the power requirements of the entire house. With rapidly developing solar technology, more and more efficient panels are being invented.

You should get residential solar panels for yourself, and save money off your electricity bills.