Questions That Clarify All Your Doubts on How to Save Money with Residential Solar Panels

Questions That Clarify All Your Doubts on How to Save Money with Residential Solar Panels

The past decade saw solar panels entering the home arena. Many consumers realized that solar energy was one of the best options for energy-saving and convenience. This led to many homeowners installing solar panels in their homes.

It is about time we all realized the importance of solar energy and its applications in our daily lives. If you are still confused, we give here five questions about solar panels to clarify your doubts.

What is the difference between solar panels for residential and business use?

Commercial solar operations could provide energy to a town or company. Therefore they differ in terms of scale and costs involved. On the other hand, residential solar systems have a constant size of around 6 to 12 kilowatts.

Since their scale is less rooftop, solar panels can generate serious electricity savings for the homeowners. Commercial solar panels, though, require significant investment and a collective group of investors to complete the job.

Infinity Residential Solar systems would give you a clear idea of everything you need to know about solar panels.

How long will it take to install a residential solar panel?

Once you have met the installation company and done all the paperwork, the actual installation is a few days’ work. The exact time of installation will depend on several factors. For example, if you are setting up net metering, that would take some extra time. The initial process takes some time; the actual installation time is comparatively less.

Can you get a residential solar panel even if your roof does not qualify?

One of the most significant advantages of the solar panel is that you get loads of options even if your roof does not qualify for it. Ground mount solar installations and community solar gardens are two prevalent ways in which you can derive energy from the sun without installing the equipment on your roof.

How much has the cost for residential solar panels fallen over the years?

U.S Solar installation prices have shown a dip of around 70% in the past decade. In fact, in the last year itself, the costing went down by 5%. Solar has changed from a cleantech item to becoming a sensible home upgrade that millions of Americans are thinking of installing.

What are the tax credits for residential solar systems?

The major tax credit associated with residential solar panels is the Federal investment tax credit or the solar tax credit. ITC, on its part, offers you a tax credit of 26%of the total cost of your solar panel. It also depends on which state you are residing in.

Some states also provide different tax-saving options, which translate into money-saving for you.

Conclusion

Solar panels are a raging topic these days. A lot of people have experienced immense benefits after installing solar panels. On top of that is the fact that solar panels are environmentally friendly, which holds a lot of prominence in today’s times.

Hopefully, these questions would clarify all the second thoughts you are having. It will also make way for you to move ahead with the installation.



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