Shopping for Residential Solar Panels

Smart Finance

Residential solar energy systems can be more than feasible for most homeowners because of the money they can save on their existing monthly energy costs. While many homeowners have shied away from solar power because they are fearful of what the potential investment might be in such a system, but those fears are a bit off base. Many solar energy systems can be installed for no money down, and then the cost of them would be rolled into an affordable monthly payment. This monthly payment would replace the home’s existing energy costs, and in many cases it is even less than the current costs. This is all contingent on the solar energy system itself, of course, which is why it is important to know what you are looking for and what to look for when you are researching solar energy. Below is a brief guide of what you should consider when looking to install solar panels for your home.

Incentives in your region–Before you go ahead with any installation, you should know what kind of solar or green energy incentives are available in your region. Many regions in the United States offer generous tax breaks and rebates and other incentives. There are numerous incentives out there because local, state, and federal governments want more people to make the transition to cleaner energy sources, so it is important to become familiar with what is offered in your area. Not being familiar with these incentives could mean you are throwing away hundreds of dollars or more in potential savings. That can make a big difference in the initial stages of installation and over the long run.

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Consultation and quote–Companies like will not only provide you with a quote for a solar energy system, they will do a full inspection of your home and provide you with a complete consultation. Their experienced technicians take the time to evaluate your home and its potential for savings via the installation of solar panels, and they also take into account your region and your house’s peak sunlight areas and time periods (throughout the day). This way, you know that your solar panels are going to save you money on energy costs, and you usually know approximately how much you are going to save every month. This full consultation and inspection is a huge benefit which homeowners who attempt to do a do-it-yourself solar panel installation miss out on (which is often why they can never completely make the switch to solar energy).

Leasing or buying–Many people do not realize that you can lease solar panels. They assume you can only purchase them and that the money has to be paid up front. The truth is that, just like with any product, the deals can somewhat differ based on the solar energy system provider. Many solar energy system providers have a number of different plans based on your budget and your ideal solar energy system. They work out whether you would like to purchase the equipment up front, rent ????? or lease for an extended period of time, or work out some kind of other payment plan or situation. The idea is to make solar energy affordable to everyone because it is beneficial to everyone (from homeowners to the makers and manufacturers of solar panels to the environment itself). In just about every case and in just about every scenario, the cost of the solar energy system and solar panels is less than the existing energy costs, both immediately and over the long life of the system.

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