According to the EIA, almost half the new electricity generating capacity in the United States during 2022 will comprise solar power.
So, if you’re interested in solar for its carbon-emission busting potential, you could still enjoy these benefits of solar without a residential installation.
However, if you’re the kind of person who wants to make sure you’re getting the real deal, plus savings on your energy bills, installing solar panels at home is still the way to go.
Keep reading to discover how to pick residential solar systems that deliver on both these fronts.
Is Off-Grid Solar Power Right for You?
With an off-grid solar power installation, you run your home independently of the national or local power grid. These solar systems suit three different types of homeowners:
- Those with extremely high electricity bills
- People living in remote areas with frequent power outages
- Those who can afford to pay cash upfront for their installation
When you pay cash for your solar installation, you can benefit from attractive federal tax incentives. Your electricity bills will disappear the minute your installation is complete, too.
Solar isn’t the exclusive domain of the above homeowners, though. Anyone can enjoy the benefits of solar thanks to other, more budget-friendly options.
Pick Residential Solar Systems Within Your Budget
A solar installation is an expensive investment, and most homeowners need a solar loan to pay for it. So, the first thing to consider is affordability.
If your solar loan repayments exceed your typical electricity bill, you won’t experience the maximum savings from solar until you pay off your loan.
Fortunately, there’s a solar power solution for every environmentally-conscious homeowner nowadays.
Net Metering
This innovation is one way to save even more with solar. Through net metering, you can sell the electricity you generate back to a power provider.
They allow you to use their electricity as a backup when necessary and give you a credit on your power bill in return. This means you can install a less powerful, cheaper solar system to see to your daily needs.
Solar PPA
With a solar PPA, the power company uses your home as a power source. They pay all the costs associated with installing your solar panels, and they take all the electricity generated.
In return, they sell you electricity at a much cheaper rate. According to Blue Raven Solar, you can save 18 months’ worth of electricity costs when you choose the right provider.
Getting the Best Deal on Solar
The best way to pick residential solar systems is by enlisting the help of a local solar installer. They can analyze your electricity needs and tailor a package to suit these requirements.
They’ll also take your roof condition and location into account, as well as local weather conditions. All these factors can guide them to find an affordable, yet an effective solar solution for your home.
Would you like some more practical advice to help you navigate the challenges of everyday life? Browse our website for answers to a wide range of questions.
