Often homeowners inquire, “How much electricity can any solar panel produce?” It is a great question because it might help you figure out how many solar panels you will need to power your home.
Any single solar panel can only power your light bulb depending on its wattage, but if you combine a dozen high-efficiency solar panels, probably you will be able to power your entire home with clean solar energy.
Solar Bill Review can offer you the most reliable and durable residential type solar panels and also have the dealership of SunPower. So, your SunPower bill pay will also be convenient.
How much can solar panels save money?
Most individuals considering going solar ask how much money they may save on their electricity bills with solar panels. However, additional financial benefits play a role in determining how much money solar saves. Solar can assist you in the following ways:
- Defend yourself from rising electricity prices. The primary motivation for people to adopt solar is to save money on their energy bills. In 2018, the average American family spent $1,335 on power alone, with national electricity costs rising at the rate of 2.2% each year.
- Energy rates can soar dramatically depending on the season or demand on your energy system at particular times of day in some places, thus going solar might help you lock in a fixed energy price.
- It has the potential to boost the value of your home. Adding a certain solar panel system to your home will nearly always be a beneficial real estate investment because it will eliminate or reduce your utility cost. Solar can improve the value of your property by 4% depending on where you reside.
- You may potentially qualify for federal tax credits. Commonly, your federal solar tax credits, commonly known to people as the tax credit for solar investment, allow homeowners to deduct 30% of their solar system cost from the federal taxes if they install it by the end of the year.
You should be aware of both pros as well as cons of using solar energy
- These solar panels now are quite a well-proven technology
- Modern solar systems used in residences can work in all types of weather
- Home solar is now much more affordable than before.
- Net consuming all your available capacity can allow homeowners to make a profit on the production of excess energy
- Any good quality solar panels will easily last for 40+ years and offer you a good ROI
- Solar panels will always increase your home’s resale value
- Nowadays, home solar installations are widely adopted all across the USA
- Standard home solar may not be as effective at night
- DIY solar installation can be difficult
- Not every type of roof configuration can be ideal for maximum generation of solar power
- Solar manufacturing may not be very good for our environment
- Many cheap varieties of solar panels may not be of very high quality and may not last longer
Please note most of all these solar cons as mentioned above are applicable to any older model or less advanced solar technologies used and are now not an issue.