Making the decision to buy solar panels for your home is a smart choice for several reasons. Most importantly, a residential solar array can help you save money over buying energy from the utility company, and it’s also highly beneficial to our environment to replace fossil fuels with clean energy from the sun.
One of the most important questions we hear from people who are transitioning their homes to solar power is, “what is the best direction for solar panels?” Some people don’t have much of a choice, due to issues like rooftop slope, shading, and more. However, if your roof presents opportunities to aim your solar panels anywhere you want to, some options are certainly better than others. Let’s discuss the finer details of solar system installation and determine the best direction for solar panels to face on your roof.
What is the ideal installation angle and direction for solar panels?
For just about everyone living north of the equator, south-facing solar panels are the preferred option. While the sun’s angle does vary throughout different parts of each year, it always shines from the south in the Northern Hemisphere. The angle of installation matters too, as the ideal amount of tilt for a rooftop solar array is somewhere in the neighborhood of 35 degrees. As a general rule of thumb, people living near the equator should have a bit less of an angle, while people living further north may want to tilt their panels more.
Standard tier-based rate structure
Especially for customers of utility companies that operate on tiered rates, the best direction for solar panels to face will most likely be south. A tier-based rate structure results in customers paying higher prices as they use more energy from the utility. For instance, a company might charge five cents per kilowatt-hour for a customer’s first 500 kWh of the month, with prices escalating to ten cents per kWh for the next 500 kWh, and 15 cents for anything beyond that first 1,000 kWh.
Because this system determines pricing based on average usage, it doesn’t really matter what time of day you’re generating electricity with your solar panels, or when you might need additional energy from the grid. However, as we’ll discuss shortly, different rate structures present different challenges and preferences regarding the best direction for solar panels.
The benefits of a west-facing solar array
Interestingly, many people choose to install their residential solar panels facing west, despite the fact that for most households in the Northern Hemisphere, facing south is the best direction for solar panels. This is all based on a common rate structure used by utility companies known as “time-of-use.”
Time-of-use rate structure
Earlier, we discussed how a standard tier-based rate structure works. However, not all utilities use this format, as some instead opt for a time-of-use structure. Instead of using averages, a time-of-use structure focuses specifically on when you’re using energy from the grid, charging higher rates during peak periods. This system typically does not vary rates based on how much energy you use in a month.
We mentioned that a west-facing system may be the best direction for solar panels to face under a time-of-use rate structure, but why is that? The answer lies in when utilities choose to charge peak pricing, which is almost always between 3 p.m. and 7 p.m. This is the time of day with the highest electricity usage, as most people return home from work and school in this window, and the sun also starts to set.
Therefore, under a time-of-use rate structure, you would want west-facing panels that could generate the most energy at the same time your utility company charges its highest rates. That said, this consideration doesn’t matter nearly as much if your residential solar array has a battery, which allows you to store excess energy until you need to use it.
In Conclusion
Depending on the specifics of your home’s location, roof slope, and more, it’s possible that the best option for your home may vary from those presented in this guide. That’s why it’s so important to have a qualified solar installer consult with you when planning your residential solar energy system.
Thankfully, LGCY Power makes it easy to find a reputable local installer. We partner with hundreds of solar consultants and installers from coast to coast, ensuring that you can get top-notch assistance no matter where you live in the U.S. A LGCY Power local installer can help you figure out the best direction for solar panels to face at your home, how many panels you should purchase, and much more. Give us a call today at 855.812.2467 and find out why LGCY Power is the best choice for residential solar installations in America.
If you’ve already installed a solar energy system for your home, you’ve taken a huge step toward energy independence. You’re saving a significant amount of money compared to buying energy from the utility company, and you’re doing your part to protect our environment as well. However, there are some situations in which homeowners realize their solar systems aren’t producing quite as much power as they’d like. Thankfully, there are solutions to this issue that may be less of a hassle than you might expect.
If this sounds like you, perhaps it’s time to consider adding solar panels to your existing system. To determine whether you should be adding solar panels to your house, let’s walk through a few different indicators that it might be time to expand your system.
Aspects to consider before buying more solar panels
Compatibility concerns
The first and most important question to ask yourself before adding solar panels to an existing system is, “Are my current panels compatible with the panels I want to add?” The best option is to add the same type of panels you bought in the first place, if they’re still available. This has some practical applications, as it’s advantageous to have solar panels with similar outputs and efficiency ratings. Likewise, it just looks nicer to have all of your solar panels match when it comes to appearance.
If you can’t find the same exact panels, or you would prefer different ones, you should still make sure that any new panels you install have the same power output ratings. If you don’t, you could cause significant damage to your current system due to compatibility issues.
Do you have room for more solar panels?
This may sound like a bit of a silly question, but you’d be surprised by how many homeowners make the mistake of adding solar panels to an existing array that doesn’t actually have room for more panels. Rooftop systems often don’t have much room for expansion, especially if your roof is shaded or significantly angled. If you have a ground-mounted array instead, this is usually much less of an issue.
How much energy do you need?
There is a fine line between having the right amount of solar energy for your home and generating more power than you could ever actually use. It’s important to carefully consider your home’s energy usage before purchasing additional solar panels, especially if you live in an area that doesn’t have net metering regulations. With net metering, you can sell excess energy back into the grid, but this isn’t allowed everywhere.
If you decide that you do want more energy, you will need to decide how many panels you should add. In this scenario, you should have a respected solar installer (like one of LGCY Power’s local installers) help you analyze your energy needs. Providing your installer with copies of your electric bills both before and after adding your solar system will help them figure out how many panels you need.
Inverter capacity issues
Does your inverter have the capacity to handle adding panels to the solar system? Your residential solar energy system was originally installed with an inverter that can handle the output of your existing panels. If you’re adding more than a panel or two, the significantly increased size of your array may present issues that your current inverter cannot overcome.
This is one of the reasons why microinverters are becoming increasingly popular. Because they’re attached to each panel itself, adding panels is simply an issue of adding microinverters, as opposed to replacing an optimizer or string inverter.
Who should install your new panels?
Many homeowners simply contact their original solar installer to add new panels to their systems, and it’s easy to see why. After all, that installer already knows the ins and outs of your array and can easily expand on it. In fact, some solar installers won’t work on projects they didn’t originally install.
First off, solar add-on projects are often quite small, making them financially inefficient for the installer. Furthermore, there can be warranty issues and disputes between installers if the system ever fails — many installers find it easier to only add onto their own original work.
Connectivity and permits
Another aspect to consider is whether adding solar panels to a house will require you to acquire any permits. While most small additions won’t require additional permitting, if you add more than a couple of panels and/or have to swap out your inverter, there’s a very good chance that you’ll need to acquire further permits for the project. Thankfully, any reputable local solar installer can help you figure out your permitting and interconnectivity needs.
Solar incentive availability
Finally, when adding solar panels to an existing system, you should consider the solar incentives available to you. In many states, incentives are limited to one use per address or per person, meaning that if you took advantage of solar incentives to originally build your array, you may not be able to use them for your add-on project.
In Conclusion
If this seems like a lot to keep in mind, just remember that LGCY Power’s local installers can help you answer all of these questions and more. If you have concerns about adding solar panels to an existing array, contact us at your convenience at 855.546.0851 and we’ll be happy to walk you through the process. We can help you figure out the cost of adding solar panels to your house, adding a portable solar panel to an existing system, and much more.
Adding solar panels to a house can be more complicated than it seems on the surface, but with a partner like LGCY Power, you won’t have anything to worry about!
In the first quarter of 2021, America made the investment of inserting 5 GWdc (gigawatts, direct current) of solar capacity throughout the nation.
To put that into perspective, that is enough energy to supply roughly 18.6 million American homes with power.
Annually, hundreds of thousands of panels are installed across the country, leaving both businesses and homeowners delighted with energy savings.
These installations aren’t just in solar farms or on the buildings of tech companies, but on the homes of regular everyday Americans.
Many people are turning to solar panels because of the plethora of advantages they provide. Therefore, if you’re looking for a solar panel installation company so you too can get in on the action, then keep reading.
The Benefits of Solar Panels on Your Home
Some people are still in the dark, asking themselves, “Are solar panels worth it?” And the truth is, there are many benefits to having solar panels installed on our homes.
Some of these benefits are clear and obvious, and others are a little more subtle. Let’s look at a few of them here, so we’re a little more certain of some of these advantages.
1. Reduced Carbon Footprint
With climate change and global warming accelerating every year, solar panels are an effective way for all of us to do our part. It’s clear that we as a society, collectively, have to cooperate and be adaptable.
Solar panels can reduce carbon emissions by as much as 5 to 10 times per module of energy compared to the alternatives (natural gas and coal).
That’s an astonishing amount that perfectly illustrates how solar panels are a cut above our traditional methods of power usage.
Introducing this solar investment could change everything and get us on the right track as a society.
2. Lower Energy Bills
Depending on location, the cost savings of energy bills are going to vary. For example, living in Florida will yield lower energy bills than living in Alaska, for the obvious reason of the amount of sunlight that each state receives.
But even then, as long as panels are properly installed, we can still experience solar energy savings, regardless of the state we reside in — which is something we should all try to take advantage of.
Yes, sunny days will generate more power, and as a result, more savings. But solar panels will still continue to extract energy even when cloudy weather is imminent.
Earn Rebates and Tax Credits
The cost of solar is something that once we look into it, is well worth it. Because once installed, we actually get paid by our solar panels!
Being responsible has never sounded so good!
For starters, we receive 30 percent of the entire cost of the system back once federal income taxes are filed. What this entails is that if we spend $30,000 on a solar panel installation, then we’ll get back $9000 in return.
This along with the SREC (Solar Renewable Energy Credits) and the expense of installing solar panels can be reduced by as much as half.
Moreover, this investment has a graceful payback period of about three and a half years. The solar panels themselves retain a warranty of about 10 years and a functional life of an impressive 25 years.
This means it will produce free electricity, as well as additional credits for more than 20 years! Not bad, right? That’s the power of being self-sufficient!
Furthermore, if you can’t afford to make the initial investment, installers offer another option. There is what is referred to as no-cost installation.
They will front you the cash for the panels, install them, and then charge based on electricity usage at a lower rate. How convenient is that?
Begin Saving Immediately
When it comes to solar benefits, this is certainly one of the most appealing. Yearly energy expenses can jump up into the thousands.
In fact, the annual costs of the average American for energy consumption tops out at $3,891.
Solar power has the capacity to dispense with these costs the moment the panels are installed.
You can begin seeing your solar energy savings immediately and that is guaranteed to please everyone.
What Is The Cost of Solar Panels?
Many of us are left wondering, “How much are solar panels?” Sure, we understand the benefits, but how much do solar panels actually cost?
While installing prices certainly will require an upfront investment, it will more than pay for itself down the line.
Furthermore, the cost will also vary based on the solar panel installation company we choose, as well as other factors, such as our location, the size of our home, how many panels we want, etc.
But once it’s all said and done, the medium price for the installment of solar panels is about $12,000.
If that’s a bit of a stretch, there are also smaller systems that can be installed for as little as $5000. And on the other end of the spectrum, there are also more high-priced options that can be upwards of $50,000 or more.
So when it comes to the cost of solar, we definitely have options.
How Many Solar Panels Are Needed?
The answer to this question will be determined by the specific energy needs of your household. Many homeowners want the goal of being completely self-reliant for their energy needs.
Meaning, to have their panels produce enough energy where they no longer rely on a company or any external source to supply it for them.
To completely terminate the electric bill altogether, we would need to produce 100% of the electricity to sustain our needs and run our household. How ecstatic would that feel??
But in order to do that, it could take anywhere between 25 to 35 solar panels.
Of course, there are other variables that can affect this number. However, this is a good rough estimate.
For a more detailed analysis, we can use a satellite photo of the rooftop of our home to do a more reliable calculation.
Based on the square footage of our rooftop, it will be easy to see how many panels will fit, and therefore, we can get a more accurate number of exactly how many panels will be needed to achieve energy independence.
When we invest in solar, we take our lives — and our savings — to another level! This is how we secure our energy needs and create a more stable future.
Industry Updates on Solar Panels for the Month of September
Everything is changing at such a rapid pace these days, and the world of solar energy is no exception. The solar energy industry is constantly being inundated with a flood of technological advances and sudden changes.
Here are a few of the latest developments you’ll want to be up to date on:
Over 700 Solar Companies Requested Congress for a Long-Lasting ITC (Input Tax Credits) Extension (September.8/2021)
Close to 750 companies from the American solar supply chain sent letters to Congress asking for action on programs that promote clean energy distribution to assist in the fight against global warming.
This letter was a part of a campaign headed by SEIA (Solar Energy Industries Association) to bolster the revelatory solar and clean energy programs in the federal economic development constitution.
The ITC acts as the primary program driver for the American solar industry. The industry is now valued at over $25 billion and employs over 231,000 workers in valuable, in-demand jobs in every one of the 50 states.
September Solar Program Snapshots (9/7/2021)
A $1 trillion economic development bill was passed by the U.S. senate. The bill holds provisions for the storage of energy development, as well as power grid modifications.
All of which would be needed to enhance solar distribution. This bill is to make its way to the fine House of Representatives, where it may then be refused unless, of course, the Senate decides to pass a detached $3.5 trillion program bill come fall.
The Solar Panel International Event Canceled for 2021 (9/3/2021)
A statement was released on Friday, September 3, by SETS (Solar Energy Trade Shows) that the landfall of Hurricane Ida left officials no choice but to cancel Solar Power International. The event was set to go from September 20 to 23.
But unfortunately, the monstrous Hurricane had left a good portion of New Orleans without any power.
Additionally, the restoration of electricity is expected to be weeks, as the city is now declared a disaster zone.
Refunds will be issued via email with instructions about how attendees can be reimbursed for their ticket money.
Clearloop Starts Construction on Solar Project in Tennessee Financed by Small Businesses (9/2/2021)
The corporation of Clearloop is working hard alongside big as well as small businesses to minimize their carbon footprint. They are doing this by broadening access to pure energy and stimulating profitable development.
Every one of Clearloop’s allies in this venture will get carbon credits for backing their part of the undertaking.
Clearloop’s structure allows for smaller businesses to contribute a one-time payment that is directly connected to the amount of carbon they wish to reclaim.
Are You Ready to Choose Your Solar Panel Installation Company?
As you can see, this industry is continuously evolving and always growing with the times. Furthermore, solar energy is something that has tremendous advantages for all of us.
The benefits of solar are numerous and far-reaching, not just for us and our everyday lives, but also for the environment as well as the planet that we call home.
So if you’re looking to go solar, and need a reliable solar panel installation company, then look no further, get in touch with us for a free quote!
In every corner of the country, homeowners are adding solar power systems to their homes, allowing them to reap the benefits of financial savings and environmental responsibility. Before you set up your own residential solar panels, you should have a strong understanding of everything you’ll need to get your solar system up and running. As it turns out, there can be quite a bit of solar equipment required, but your specific home may not need every single component discussed in this article. Let’s take a look at the equipment needed for solar power and figure out what you’ll need to purchase for your new residential solar panels!
Five Core Components of Residential Solar Equipment
Solar Panels
For most homes, there are five core components of residential solar equipment. The most important item is your solar panels. There are many different styles and sizes of solar panels available, and which ones you choose comes down to the details of your home. In general though, if you want the most efficient panels possible, you’ll want to go with monocrystalline panels. However, if you’re seeking a more affordable option, you might want to take a look at polycrystalline panels, which don’t operate as efficiently but also cost significantly less money.
Solar Inverter
Once you’ve acquired your solar panels, the next piece of solar equipment you’ll need is the inverter. Your solar panels typically harvest energy in the form of direct current (DC). However, almost all residences use alternating current (AC). Therefore, you’ll need a solar inverter to convert the DC energy to AC energy that your home can use. The most affordable option is a string inverter, which you’ll connect to your solar panels. Because the entire system operates on one inverter, any performance issues present in any of your panels will affect the whole “string” or system.
For maximum efficiency, you can spend the extra money on micro-inverters, which you attach to each panel. That way, any efficiency loss present in your system is isolated to one individual panel while the rest of your system continues to operate at peak efficiency. There is also an in-between option known as a power optimizer, with costs and efficiency occupying the middle ground between string inverters and micro-inverters.
Micro-inverters and power optimizers are usually the best options for roofs that don’t face south or don’t have enough room to orient all of your panels at the same angle. On the other hand, if your roof does face south and has plenty of space for panels, you can likely get by with a string inverter. If you’re not sure which solar power equipment option is the right one for your needs, speak with a qualified solar installer.
Solar Racks and a Performance Monitoring System
Most homeowners will also need solar racks to mount panels on their roofs, along with a performance monitoring system to track your residential solar system’s output. The majority of people choose to install their solar power equipment on their roofs, but some applications require ground mounting. For instance, if your roof is heavily shaded or has an extreme angle, you may need to opt for a more expensive ground-mounted system.
Solar Batteries
Especially if you live in a state that doesn’t have net metering, you’ll also likely need solar batteries to store your electricity. With net metering, you can transfer any additional energy back into the grid. In exchange, your local utility will provide energy for your home during times when your solar panels aren’t producing as much energy. However, not all states offer net metering. If yours doesn’t, solar batteries are a must.
Safety Equipment
The next step in solar equipment acquisition is safety equipment. You will want safety disconnects to protect your system from power surges and isolate your solar panels from the grid. Grounding equipment is also crucial because it can prevent surges due to things like lightning strikes, malfunctioning solar power equipment, and more.
At this point, the most important question remaining for your residential solar equipment is who should install it? How do you find the right local installer to set up your solar power equipment? Fortunately, LGCY Power is here to help. If you’re looking for reputable, certified solar installers in your local area, simply schedule a consultation with one of our highly qualified professional Solar Consultants.
LGCY Power’s Solar Consultants are true experts in the residential solar power industry, and we can help you acquire every piece of solar equipment needed to build your new system. We can also design your new solar energy system, acquire all relevant permits from government agencies, and install your solar power equipment. LGCY Power will even collaborate with your local utility provider to connect your system to the grid and activate your panels.
We aim to make the entire setup process as quick and easy as possible, getting you ready to reap the rewards of residential solar energy. Contact us today to learn what makes LGCY Power the best residential solar provider in the nation! We’ll get you on your way to saving money and protecting our environment in no time.
Solar power is helping more homeowners than ever save money on their electric bills. So, it’s understandable that you’ve started to look into having a solar system installed at your home, too.
The best way to begin the process is to simply call or contact LGCY Power, the nation’s leader in residential solar. However, a very small percentage of homeowners inevitably start poking around YouTube or Googling “Can you install solar panels yourself?” as they consider a DIY solar install.
There are many reasons why you should abandon your DIY aspirations and leave your solar install to the pros, including the overwhelming paperwork, potential damage to your roof, and the fact that you probably won’t save any money at all.
But the most important reason not to attempt a DIY solar panel installation is the danger involved. We can’t stress enough how potentially dangerous it is to install solar panels yourself. Keep in mind that it could be dangerous not only for you, but for others.
There are four main reasons why it’s inherently dangerous to install solar yourself:
- The height and installation process
- Risk of electrocution
- Damage to your home or electrical system
- Potential fire or burns
The height and installation process
The vast majority of solar panels are installed on the rooftop of a home, which means working and navigating around a hazardous slope and surface at elevation. Whether your roof is one story high, two stories up, or more, the danger of being injured in a slip-and-fall is extremely high for homeowners who aren’t professional contractors.
Remember that each solar panel can weigh 30 to 50 pounds, and you’ll likely need to carry at least several panels, as well as racking for installation, wiring and fittings, and tools.
Roof work like this is so precarious that solar installers have specialty training and certifications to work on rooftops, handle this type of equipment, and adhere to safety protocols.
However, homeowners are taking a huge risk to their health and safety if they attempt DIY solar panel installation.
Risk of electrocution
If climbing onto your roof with heavy, unwieldy materials and working on a slope isn’t dangerous enough, the risk of electrocution is always a reality with DIY solar panel installations.
Solar panels can generate up to 600 volts of electricity when exposed to the sun, and several solar modules connected in a series can potentially deliver even more of a charge to DIYers who aren’t professional electricians.
Not only will you need to affix racking and panels to the roof, but you’ll need to correctly install fittings and connections to your photovoltaic solar system.
It’s such precise, technical, and hazardous work that in many states, regular electrical contractors are not even allowed to work with solar systems, as the panel installation is far different from conventional wiring.
Electricity is not to be taken lightly – and working with electricity on a rooftop with a complex solar system magnifies that danger exponentially!
Damage to your home or electrical system
Not only does a DIY solar panel installation present a hazard to you, but it can seriously damage the structure of your home, too. We’ve talked before about the potential for harming your roof and causing leaks and water damage when installing panels yourself, but there’s a more pressing danger.
With such a complex and intricate electrical system, any incorrect installation of the wiring or even fittings can mean the solar system can damage itself once turned on, even starting an electrical fire. The wrong size wiring, substandard wiring or materials, or other connection issues could lead to the solar panel’s inverter overheating and exploding.
As a DIY solar installer, you may even be instructed to solder parts together or build wood brackets to support the panels, which creates a highly combustible fire hazard.
Potential fire or burns
The greatest risk of your solar system catching on fire or even exploding on your roof doesn’t come from overheating or combustion, but faulty wiring and incorrect installation in the vicinity of flammable gases or vapors. Therefore, you should always contact the city and local utility providers to check if there are any hazardous gases or vapors in the vicinity of your home. Or, even safer, trust the installation to licensed and certified professionals!
You’re far too likely to end up with a serious burn when installing solar panels yourself, as any liquid that comes in contact with the panels can also steam and cause almost instant burns. Certain parts of the solar system, such as the collector manifold, will also become extremely hot, which can severely burn an unwitting homeowner who is trying to do the install work themselves.
As you can see, installing solar panels yourself is nothing to take lightly, Doing it yourself is not recommended as there is a serious inherent risk involved.
If you’re serious about saving with solar at home and want to make sure you do it the right way, contact LGCY Power today!
Installing a solar energy system for your home allows you to save money on electricity while also doing your part to protect our environment. The financial benefits of residential solar systems are significant — in the long run, a one-time purchase of solar panels is much cheaper than buying electricity from your utility company. But do solar panels increase home value?
There is plenty of information out there about the cost of solar energy compared to paying your monthly utility bill, but not nearly as much about whether solar panels improve resale values. However, thanks to recent research by Zillow, we now know that a residential solar power system increases a home’s value by roughly 4.1% or $9,274 on average.
Ten States Where Solar Panels Increase Home Value the Most
That said, you might be surprised to find out how significantly this increased value can vary from state to state. Therefore, we should possibly rephrase the question to, “how much do solar panels increase home value in your state?” To answer this query, we took a deep dive into the findings of Zillow’s study, and we discovered the ten states where solar panels increase home value the most.
There are five states where solar panels add more than 4% to the resale value of a home:
- New Jersey (9.9%)
- Pennsylvania (4.9%)
- Louisiana (4.9%)
- North Carolina (4.8%)
- Washington (4.1%)
In addition, there are five other states where you can expect at least a 3.5% increase in home value due to solar energy systems:
- Florida (4%)
- Hawaii (4%)
- Maryland (3.8%)
- New York (3.6%)
- South Carolina (3.5%)
It’s also interesting to take a look at how the relationship between solar panels and home value varies between different metropolitan areas. Zillow examined home values in several metros and found that three of them stand head and shoulders above the rest:
- In New York City, solar panels increase home value by 5.4%.
- In Orlando, Florida homeowners earn a 4.6% boost in home value with a solar energy system.
- In San Francisco, homeowners can expect a 4.4% increase if they have solar panels.
Zillow isn’t the only company studying how much solar panels increase home values. According to The Appraisal Journal, researchers report that a homeowner can expect the value of their house to increase by around $20 for each dollar saved per year on energy expenses. How much do solar panels increase home value within this framework? Even if your solar power system only saves you $100 per month compared to buying electricity from the utility company, that still comes out to a value increase of $24,000.
Meanwhile, the Lawrence Berkeley National Laboratory frames the question of “do solar panels add value to your home” a bit differently, but with similar findings. The Berkeley Lab states that solar panels boost home values by about $5,000 per kilowatt of power available from the home’s solar system. This means that once you subtract the upfront installation costs, a 10-kW system would add around $32,500 to your home’s overall resale value.
Regional Electricity Costs Impact Solar Savings
Of course, the cost of electricity in your region is another major factor in this equation. Energy costs vary considerably in different parts of the country. Generally speaking, Hawaii (34 cents per kilowatt-hour), Alaska (18 cents), and Connecticut (17 cents) have the highest electric rates in the nation. In contrast, West Virginia, Wyoming, and Arkansas have the lowest rates, averaging just under eight cents per kWh. The more costly your electricity, the more you can save with solar. On average, the typical American home’s value increases by 4.1% if you install solar panels.
In addition to your region and the price of electricity in your area, there are several other important variables that affect the added value of a residential solar energy system. These include the price of installation, the replacement value of your solar system, homebuyers’ environmental priorities, how often the local utility suffers outages, how old your solar panels are, how much energy they generate, and state and local incentive programs.
You might still be wondering if solar panels increase home value for your specific situation. If so, ask yourself a few key questions:
- How much do you spend on energy from your utility company?
- What kinds of solar incentives are available in your state?
- Do you have a roof that receives direct sunlight with southern exposure?
By discussing these questions with a reputable solar installer like LGCY Power, you can determine how the relationship between solar panels and home value affects your house.
Solar Homes Sell Faster
One final advantage of residential solar energy is how solar homes sell faster than homes that rely on energy from the utility company. In general, you can expect a home with solar panels to sell roughly 20% faster than a typical home with no solar system.
How much do solar panels increase home value? To find out, look up your address in Google’s Project Sunroof. This handy tool provides personalized solar analysis for your specific address and allows you to conveniently compare financing options for your potential solar system.
Another great way to determine how much you can save is by contacting LGCY Power today! Our knowledgeable representatives can help you determine your potential savings and provide you with all the information you need to make an informed decision.
When it comes to determining how much money you can save by installing solar panels for your home, one of the crucial factors is which government solar energy incentive programs you have access to. Each state has its own rules and regulations for residential solar systems — for instance, California solar incentives differ from Florida solar incentives. Depending on which solar incentives you use, you can save even more money with a home solar system installation than you might think!
To help you understand the different programs available across the country, we narrowed down the list of solar energy incentive programs to the top handful that you should know about before installing your own solar panels. Let’s take a look at each of these valuable programs and discuss how they can make solar energy even more affordable.
Residential Renewable Energy Tax Credit
First up is the Residential Renewable Energy Tax Credit, as described in the Consolidated Appropriations Act of 2021. This incentive provides tax credits for solar energy systems, as well as fuel cells, geothermal heat pumps, and small-scale wind turbines. As one of the most popular federal residential solar incentives in existence today, this program provides a 26% tax credit for all solar energy systems installed before January 1, 2023. For systems placed in service after that date, homeowners still receive a 22% credit. Homeowners are eligible for this program whether they live in pre-existing homes or newly constructed houses, and the program applies to both first and second homes.
Solar Renewable Energy Certificate (SREC)
Another popular solar incentive is the Solar Renewable Energy Certificate (SREC) program, which allows homeowners to sell energy to their utility provider in the form of certificates. Each certificate represents 1,000 kilowatt-hours, and their value can exceed $300 in some areas. Currently, more than half of all U.S. states have SREC programs, although not all of them are considered to be “active” markets, meaning that some states are no longer accepting applications.
Performance-Based Incentive (PBI)
A somewhat similar program is the performance-based incentive or PBI. These solar incentives provide homeowners with payment based on how much energy their residential solar power systems generate. Typically, PBIs are paid out on a monthly or yearly basis over a predetermined amount of time (in California, for example, incentives are paid over five-year periods) at a set dollar-per-kWh ratio. Because these solar energy incentive programs pay based on a system’s actual output, they encourage homeowners to maintain their systems in prime condition, as systems with subpar energy generation are not incentivized as much.
Subsidized Solar Loans
Subsidized solar loans have gained in popularity in recent years, as homeowners look for alternatives to solar lease agreements and up-front cash purchases. These solar incentives are quite similar to typical home improvement loans, with one major caveat: a solar loan not only increases the value of your home (much like a newly remodeled bathroom or a new wraparound porch), but it also generates energy, which puts money directly into your pocket. In this way, subsidized solar loans are truly the best of both worlds.
Solar Rebates by State
Next, let’s briefly discuss solar rebates by state. While we’re not going to run down each and every rebate available on a state-specific basis in the United States, we will quickly touch on a few of them, starting with California solar incentives. This is one of the most popular states for residential solar systems, and a quick look at the state’s solar energy incentive programs illustrates why.
California offers a statewide net metering policy to help homeowners save money by selling their excess energy back into the grid. In addition, the state provides residents with Property Assessed Clean Energy (PACE) financing, which helps homeowners pay for energy-efficient home upgrades, such as solar panel installations. If that’s not enough, California also provides property tax exemptions for residential solar energy systems, exempting the entire value of the solar system from the owner’s property tax responsibilities.
How about Florida solar incentives? While residential solar systems aren’t quite as popular in this sunny state as they are in the similarly cloud-free California, Florida has some intriguing government solar energy incentive programs of its own. For instance, Florida has a similar net metering policy to California’s, and it also provides homeowners with exemptions for both property taxes and sales taxes. This makes solar installations cheaper up-front and into the future.
Texas solar incentives are another interesting case study. The only statewide solar incentive in this state is a property tax exemption. However, that doesn’t mean you can’t take advantage of any other government solar energy incentive programs. That’s because several of the state’s largest municipalities — including Austin, Dallas, and San Antonio — offer solar rebates to help homeowners deal with the up-front costs of residential solar energy system installations.
As you can see, there are quite a few different solar incentives available to homeowners today. While some of them can be accessed on a nationwide basis, some others are only available on a state-specific basis. This is just one of the many reasons that you should partner with a reputable solar installation company like LGCY Power.
Here at LGCY Power, our representatives know all the details of the solar energy incentive programs available to you. We can help you plan out your system in a way that takes advantage of every solar incentive you can access in your state, increasing the productivity and profitability of your residential solar system. For more information, give us a call today at 855.649.4019 and consult with one of our expert team members!
These days, everyone knows that installing solar panels for your home is an environmentally friendly decision. However, some people still underestimate how much money they can save with a rooftop residential solar system. In reality, you can save so much cash with home solar panels that they’re actually an excellent investment with a better rate of return than many traditional forms of investing.
Calculate Your Solar Payback Period
To understand how much money you can save with residential solar panels, you need to calculate your solar payback period. This is an estimate of how many years it will take for you to pay off your initial investment and start making money on your solar energy system. If you’re wondering how to calculate the payback period for a solar system, let’s dig into the details.
- Start with Your Expenses: Let’s start with the expenses. The biggest cost is the purchase of your solar panels and related equipment. This figure can vary considerably depending on the size and location of your home, and whether you purchase your solar system up-front or on a solar loan or lease. There can also be some expenses for ongoing maintenance, although these are usually quite low because solar panels don’t require much upkeep.
- Analyze Your Benefits: Once you’ve figured out how much you’ll need to spend, the next step to calculate a solar payback period is to analyze your benefits. Depending on where you live, your state could provide up-front incentives in the form of rebates and tax benefits. When it comes to ongoing benefits, you simply need to take a look at your energy bill and consider how much money you’ll save per month by generating your own power with solar panels compared to buying electricity from the utility company. When you determine your total expenses and your annual savings, simply divide the costs by the benefits to calculate your solar payback period.
- Shop Around: It’s important to shop around with several different solar installers to get the shortest payback period possible. Take recommendations from friends and neighbors, but don’t get too attached to any company before you’ve had a chance to analyze the costs and benefits for yourself. You might be surprised by how affordable some installers make this process!
For most American homeowners, the typical residential solar payback period is 8-11 years. When you consider that solar panels are manufactured to withstand a minimum of 25 years of use, a payback period of 12 years or less is typically considered to be a solid return. However, depending on which state you live in, you could get a payback period as short as just five years in a state like Hawaii.
An important element of determining how to calculate the payback period for solar panels is nailing down the variables that go into this equation. One is to consider how much electricity your home typically uses and whether your planned residential solar power system provides enough energy to entirely offset this usage. Then, you’ll need to determine how much it will cost to install your solar panels and associated equipment.
As we mentioned earlier, there are also solar incentives and rebates to consider. Some states, like Massachusetts, offer so many incentives and tax breaks that you can calculate a solar payback period of just four years in many cases. Unfortunately, if you live in a state like Mississippi that provides very few solar incentives (or none at all), you can expect your payback period to exceed 15 years.
Consider How Much You Pay For Your Electricity
Finally, it’s important to consider how much you pay for your electricity in the first place. Depending on your home’s location, the cost of electricity in different parts of the country can vary significantly. If you can take advantage of relatively inexpensive energy from your utility provider, that changes the math regarding how to calculate your solar payback period. In addition, if you can use net metering to offset the purchase of energy at night or on overcast days by selling your excess energy from sunny days back into the grid, your solar payback period will be considerably shorter than that of a homeowner with no access to net metering.
One of the biggest mistakes people make when installing residential solar energy systems is failing to properly calculate the solar payback period. To maximize your savings and choose the perfect solar power system for your home, simply walk through the steps outlined in this guide and figure out how long you can expect it to take for your solar panels to break even. No matter where you live or how much energy your home uses, there’s a solar solution for your needs.
Do you still have some questions about how to calculate the payback period for a solar system for your home? Perhaps you need some help determining how much energy your solar panels need to generate, or you want some more information about solar incentives in your area? Simply contact LGCY Power at 855.649.4019 and speak with one of our expert representatives today.
Our team members are highly trained in many different aspects of residential solar energy systems, and they can help you calculate the solar payback period for your planned system. We can also help you find the perfect solar installer, thanks to our 500+ partnerships with local consultants and installation companies. Contact us today to discover how LGCY Power can save you money and help you determine how to calculate the payback period for your solar panels!
You’ve finally decided to make the switch to solar panels at home. But now you’ve come to the part where you’re weighing all of your options. A few of your neighbors, co-workers, and friends who went with LGCY Power for their solar conversion couldn’t be happier, saving significant money on their power bills.
But you’re also considering DIY solar panel installation after watching a few YouTube videos. You probably think the DIY route will save you money (it won’t, as we documented here) And you’ve even gone as far as to Google, “Can you install solar panels yourself?”
Now would be a good time to STOP and strongly reconsider. The fact is that trying to install solar panels yourself can (and probably will!) cause serious damage to your roof and even your home – not to mention the fact that it’s dangerous for non-professionals.
It’s not that solar panels cause damage to your roof – it’s when a homeowner or non-professional tries to install them that ROOF problems multiply (significantly increase).
Remember that most solar panels are affixed to a roof using a complex but battle-tested system involving bolts, straps, and nails. Although before you take out your hammer, screwdriver, and drill, weekend warriors should hit pause.
Whew, we may have saved you from a terrible decision!
So why is installing solar panels yourself such a bad idea?
Ask any roofing contractor and they’ll shake their head in dismay at the mere idea of a homeowner getting up on their own roof and installing solar panels – or doing any major work to such a crucial facet of your structure.
According to roofing and construction professionals, there are four commons reasons why DIY solar installs cause havoc:
- Leaks
- Less thermal protection
- Installing on an older, damaged, or wrong type of roof
- Possibly void the roof warranty
Let’s go over each of these briefly:
Leaks
When you install the new solar panels to your roof, you’ll most likely do so with a rack system that’s affixed with nails and lag bolts. Those nails or bolts pierce the roof shingles, membrane, and wood layer, driving them into the subroof or rafters below.
(If you find yourself wondering what a membrane or subroof is, you definitely should abandon your DIY ambitions and call LGCY Power right now!)
Obviously, that leaves a hole right in your roof – which is not an issue when you use a professional installer. Pros use a system of high-tech flashing and sealant or tar to plug and waterproof the holes.
Lastly, the pro installer will meticulously test the roof to make sure there are no weak spots, gaps in waterproofing, or issues.
The sound of holes in your roof may sound precarious, but when handled by licensed, professional installers like those who team up with LGCY Power, the roof’s waterproofing and structural integrity are not compromised at all.
With DIY solar panel installation, it’s very common that homeowners find a nasty, very wet, and extremely expensive surprise the first time it rains. The cost of any potential roof leak or water damage to your home is exponentially higher than the cost of doing it right the first time with a professional installer!
Less thermal protection
Without solar panels, direct sunlight barrages your roof all day, every day, heating up the attic or space below. But once panels are in place, it absorbs most of that heat, creating a cooling effect on the roof and structure below. According to a prominent study published in Phys.org, solar panels can reduce a home’s internal temperatures by up to 5 degrees in the summer, making solar panels an even bigger energy efficiency winner.
However, when homeowners try to install panels themselves, they’ll likely fail to optimize that cooling potential.
Installing on an older, damaged, or wrong type of roof
Certain types of roof materials are more vulnerable to issues with leaking, cracking, and other damage. If your roof consists of wood shingles (also called ‘shake’), or clay, slate, or terracotta tiles, you won’t want to install solar panels into those surfaces.
Instead, pro installers know where to replace or augment specific areas of your roof, so they are good connecting points for solar panels.
Another common problem with DIY solar panel installation is when homeowners try to add a new solar system to an older roof. Over time, shingles, membrane, flashing, etc. all deteriorate, creating cracks, soft spots, or dry rot. Installing new solar panels to those roofs can expose and accelerate those problems – which means more leaks and potential water damage.
Instead, a pro installer will carefully inspect your roof before installation, fixing or replacing problem areas to ensure the roof is in optimal condition to house solar panels. When you turn to LGCY Power for your solar needs, our industry-leading installers will also check your roof for slope, exposure to sunlight, the building height, potential wind, and your roof’s load-carrying capacity and framing.
Unless a homeowner happens to be a licensed roofing contractor, those are all things they’ll miss!
Other problems with DIY solar installation
We’ve talked a lot about the roof, attic, and rafters, but haven’t even touched on the home’s electrical system, which must be correctly wired to the solar panel system. Incorrect wiring, the use of the wrong materials, and other issues cannot only reduce your new solar system’s efficiency but can be flat-out dangerous.
Contact LGCY Power for more information about installing a residential solar system the right way, saving you money and also avoiding potential problems from DIY installation!
You’ve decided to install a solar energy system for your home, starting your journey toward significant financial savings and eco-friendly power consumption. There are many benefits to residential solar systems that far outweigh the few disadvantages. However, one of your most difficult decisions is still to come: how do you find an accredited solar installer in your area?
“Solar installers near me” has become a highly popular Google search, and for good reason. Everyone wants a reputable solar panel installer who knows the intricacies involved with residential solar systems in their area. Regardless of whether you choose a large nationwide solar panel installation company or a smaller local solar installer, there are some important aspects you’ll need to explore.
Work With Experienced Solar Panel Installers
First and foremost, you should only work with solar panel installers who have plenty of experience. This often means checking their certifications and accreditations to make sure they’re reputable. The most important certification is from the North American Board of Certified Energy Practitioners, or NABCEP. If your solar panel installation provider is accredited by the NABCEP, this means that the company’s solar installers meet national standards and have completed a thorough training program.
NABCEP certification is also an excellent indicator that your chosen solar panel installation company complies with all safety regulations and guidelines. It’s also important to find accredited solar installers who carry sufficient liability insurance. If your solar installer makes a mistake that damages your home or personal property — or, in a worst-case scenario, causes an injury to someone on your property — you need to know that they have enough insurance to cover the damages.
Additionally, accredited solar installers are more likely to know the ins and outs of solar permits in your area. Each state has different requirements for building permits, and there may be additional regulations on the county or municipal levels. Furthermore, a certified solar panel installation company will also know which federal and state solar incentives apply to your home, allowing you to maximize your rebates and tax credits.
In addition to checking certifications, you can also take a look at the Better Business Bureau for your area to see how other customers feel about their experiences with nearby solar installers. The BBB has customer reviews and complaints that you can easily sort through, and you can also see which solar installers have earned their BBB accreditation. While this certification isn’t nearly as important as the NABCEP accreditation, it’s still a convenient way to make sure your chosen installer is reputable.
“How do I find the best solar panel installers near me?” This question is a bit trickier, as it all comes down to your personal preferences as a homeowner. Do you prefer to use a large nationwide solar panel installation company with a long track record and a robust service warranty? Perhaps you’re looking for a smaller, local installer that has lots of experience dealing with your specific state and county government agencies?
Which Type of Solar Installer Best Fits Your Specific Situation?
Before you make this decision, you should analyze which type of company best fits your specific situation. Do you prioritize a company that provides more personalized customer support? Are you looking for a solar installer that has expert knowledge of the local and regional intricacies, including incentives, rebates, and net metering regulations? If so, a local solar installer might be the perfect fit for your needs.
On the other hand, if you’re looking for a company that has a ton of experience, you might prefer a national solar installation provider. In addition, large companies purchase components in bulk, which allows them to pass on these savings to you.
One way you can find the best solar installers in your area is to simply ask around. Speak to your neighbors and friends who have solar panels and ask them to discuss their experiences with you. These individuals will likely have existing relationships with either national providers or local companies, and they can give you recommendations from personal experience. Speaking from our own experience, LGCY Power gets plenty of business through word-of-mouth referrals — people remember the great service they receive from our reps and want to share that experience with their friends and families. Finding a great company is practically synonymous with finding a great rep.
Ask Local Government For Recommended Solar Installers
Additionally, your county and municipal governments may have some information that can lead you to the best solar installer for your home. Some local government entities will recommend companies in your area for a wide variety of products and services, including solar panel installation. Finally, other professionals who work on your home might have recommendations. For example, asking your electrician or general contractor for advice can often produce high-quality results. After all, if you already trust these people to work on your home, it’s easy to trust the companies they recommend.
Another option is to simply contact local and national solar installation firms yourself. By speaking with their customer support representatives, you can often get a feel for whether they’ll be a good company to work with. If you have further questions, or if you’d like to know more about what LGCY Power has to offer for solar panel installation, contact us at your convenience by calling 855.649.4019.
LGCY Power provides the best of both worlds between large national solar installers and smaller local companies. We are the national leader for residential solar energy systems, and we have more than 500 local solar consultants and strategic partnerships. If you want the experience of a large nationwide company paired with the local expertise of regional service providers, look no further than LGCY Power!