What you should know before going solar
Solar panels can be financially and environmentally sound and more accessible than ever. According to a research firm, American homes and businesses installed a new system every four minutes during 2013.
But is solar right for you here in New England? To help you address the issue, here are five things to consider before making the switch:
- The different options for installing a solar system. Often, you don’t have to cover the total cost of using solar energy yourself. Instead, you may be able to lease a system from a company that installs and maintains it, or enter into an agreement where a third party owns the system and bills you (probably at a reduced rate) for electricity. Remember, installing and owning your own system can provide the best long-term returns, and tax credits or rebates can help lower upfront costs.
- Your current energy costs – and your future needs. Depending on your situation, you may now have relatively low energy bills and not be as motivated to go solar as someone with higher costs. But what does the future look like? If your family is growing, your energy costs are likely to be as well, and investing in solar energy can be worthwhile.
- The power a system would generate. Have a reputable solar company measure the sun your home receives, taking into account things like shade, trees, etc., so you can make an informed decision about expected savings.
- What Does Your Homeowner̵7;s Policy Say? With any improvement that increases the value of your home, you need to make sure your insurance reflects the change. Call us to see if your insurance already covers solar panels. If it doesn’t, we can help you change it.
- Your goals. Are you primarily looking to save money? Help the environment? Both? Knowing your goals will help you decide if solar is the right choice for you and which option makes the most sense. Whatever you choose, even considering solar power, you think about energy differently. And that is good.
Renewable power can help protect you from rising energy costs and even blackouts, not to mention the benefits it does for the environment. Just think about your options and all the costs before you jump.