Does It Make Sense To Install Solar Panels

As leaves moss and dirt accumulate through the years who is going up on the roof top to polish up those solar panels.

Does it make sense to install solar panels. The home owner that installs the roof top solar panels will probably be pretty excited about them and will maintain them to some degree. Nobody is my guess. Generally solar panels create enough energy to power your whole house. So what makes a home a good fit for solar panels.

Does solar power make financial sense for your home. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. But much like adding insulation going solar can be a. But as houses change hands that commitment could fade.

The direction your roof faces. If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands. The higher the electric rate you pay the sunnier your location and the greater the financial incentives the more compelling the case for solar. Let s imagine you spend 15 000 to install a solar panel system and are eligible for a 26 federal tax credit on that.

But none of that matters all that much if your home itself just isn t a good or effective fit for the panels themselves. Compared to a brand new bathroom or a kitchen remodel installing solar panels on your roof is about as thrilling as insulating the attic. If you have plans to purchase an electric vehicle in the near future it s a good idea to install a larger solar panel system so that you can use the power of the sun to charge your commute. That means homeowners but not renters can subtract the credit from the federal income taxes they owe in effect reducing the price of their solar purchase by nearly one third.