The advantages of residential solar power systems are numerous. Not only will you save money on your electric bill, but you can also earn credits from your utility company by selling excess energy back into the power grid. These credits are usually applied toward your future electric bill. This means that you will actually get more money in your pocket than you spend on electricity. You can even sell excess energy back to the power grid, which will help you offset the cost of future grid electricity purchases.
The panels are stationary, but that doesn’t mean that they can’t get dirty. Just like any other part of your stationary system, you need to keep them clean. If you don’t, dust and bird droppings can reduce the amount of sunlight hitting your panels. Over time, this can reduce the amount of electricity that your solar system produces by seven percent. So make sure to clean your panels regularly and don’t neglect them! If you follow these tips, your residential solar power system will run more efficiently and save you money every month.
The costs of residential solar power vary according to your home’s size, number of panels, and roof area. In high-cost cities, rooftop solar panels can be competitive with an index fund. In low-cost areas, however, solar panels can be a sacrifice. Still, some people find that the initial expenses are worth it. Plus, many states offer tax credits for solar power. If you can afford to make the initial investment, residential solar power may be a great choice.
One example is Benjamin Meyer’s solar panels in Massachusetts. While the New England climate isn’t ideal for solar panels, he says that his solar panel system has paid for itself five years after installation. In addition, he also earned federal tax incentives. It’s possible that this new technology will change the way we live. For those looking to save money on their electric bills, residential solar power could be the answer. The first steps toward building a solar system can begin today.
A typical residential solar system sends its DC output to a transformer or inverter. This device converts the DC to 120 volts and 60 Hz for residential use. However, de Decker modified his devices to use 12 volt DC directly. While it meant purchasing a different power cord, it made for a 40% savings on energy. And it was not enough. Then, de Decker wrote an article in Low Tech Magazine about his results.
Once you have decided to install residential solar panels, the next step is finding a residential solar panel contractor. A solar installer will likely recommend a solar panel manufacturer based on his experience. It’s best to hire a company with a proven track record in the solar power industry. A solar installation engineer will visit your home and assess your energy needs. Only then can you decide on the best solar panel type. The installation engineer will also be able to give you recommendations.
The current NEM program is expected to reach its participation cap in May 2016. Consumers who install a residential solar power system before May 2016 will be grandfathered into the program and enjoy maximum savings for 20 years. However, if you want to make the most of the benefits of solar, now is the time to make your decision. There are many financial incentives to help you make the transition to solar power. The benefits of solar power are clear, but there are still questions surrounding its use.
The initial cost of a solar array ranges from $7 to $10 per watt. However, they can be installed easily by a qualified installer or by the homeowner. However, larger solar systems, equivalent to 7.5 kW, can cost up to seventy-five thousand dollars. Smaller systems are much cheaper. Even a five-kW solar array can provide 600 kWh per month, and twenty kWh per day. This is the most cost-effective option for homeowners who are not concerned with the cost of installation.
Adding solar to your home will help you increase the value of your home. The trend towards green living is increasing and more homeowners are looking for ways to cut their energy bills. A solar power system will not only help you save money on your energy bill, but you will also be contributing to the environment and reducing your carbon footprint. A new residential solar power system can help you save money on your electric bill. You will also benefit from the increased efficiency of the new system and the fact that solar panels are a renewable source of energy.