Are you looking to install solar power for your property, or are you moving and wondering how to move with solar?
Solar energy cost varies depending on the size and location of your property, the type of equipment, and the installer you use. You should get solar energy price quotes from several different suppliers to find the best deal.
Here’s what you need to do to get an accurate solar energy quote and make an informed decision.
Calculate Your Potential Solar Energy Cost Savings
Before you get started, check local electricity prices, the cost of solar panels, and roughly how many solar panels you need for your property, as well as average installation costs in your area.
You can use a solar savings calculator to determine how much money you can cut your energy bills by going solar. This will help you to negotiate with a solar provider and determine whether a solar energy quote you receive is realistic.
If you’re moving home, you may find that moving costs for solar energy make it cheaper to install a new system rather than removing your existing panels and risking damage to the system.
Research Solar Equipment Brands
The quality of the solar photovoltaic (PV) panels and inverters in your system will have an impact on how long it will last.
There are two main types of solar panels. The well-established manufacturers make Tier 1 panels, while newer, small companies make cheaper Tier 2 and Tier 3 panels.
The highest-quality systems are designed to last for at least 25 years. Manufacturers often provide warranties for the entire period, so you should choose one that is likely to still be around in 25 years. Select the brand that offers the best quality for your budget.
Check out https://blueravensolar.com/blog/solar-panel-right-home/ for more on how to choose the right solar panels for your home.
Check Solar Installer Reviews
The quality of the installation can also affect your solar energy system’s lifespan. Shoddy workmanship can result in your panels becoming damaged during installation, and loose wiring can degrade the system. This can rack up extra costs if you need to have parts repaired or replaced.
Read reviews and ask for customer testimonials to make sure you hire a reputable installer to do the work.
Understand How Solar Incentives Work
You may be eligible for government incentives for installing renewable energy. The federal solar investment tax credit (ITC) allows you to claim a 26% tax break on the cost of a solar energy system. You should factor this into your calculations to come up with an accurate estimate.
You could also receive state incentives, so it’s important to research solar energy quotes by state to get an accurate figure.
Consider Your Financing Options
It’s best to pay for your solar energy system with cash rather than credit. But if you do need financing, there are different options available depending on your needs, which will affect the overall solar energy cost. You could qualify for a low-interest Property Assessed Clean Energy (PACE) loan in certain states.
Use a Marketplace for Lower Prices
There are several online marketplaces that allow you to enter your details to get a solar energy quote. You can get a solar energy price from several pre-screened providers at once and compare offers on a like-for-like basis. Installers tend to offer lower prices through marketplaces to beat the competition, scoring you a better deal.
Get the Best Solar Energy Quote for Your Property
Be sure to do your research before you get a solar energy quote, so you can choose the right one for you. For more articles on real estate and finance, check out the rest of the site.
