The price of electricity is constantly going up, which is why many people are considering more cost-effective options like solar energy. Switching to solar energy not only helps the environment, it also helps put more money back into your wallet. But before you can start saving, you need to choose the right solar energy system for your home. While installing a system is simple, finding the right one can be challenging. Solar panels are a large financial commitment, which is why you need to make sure that you install the system that will provide the most efficiency and savings for your home. Before you make the leap and purchase your solar energy system, make sure you know how to avoid these common mistakes when choosing your system.
Not Knowing How Much Energy You Consume
Before having solar panels installed on your home or business, you should understand how much energy you are currently consuming so you can choose the best system for your needs. Not only do you need to know how much you are consuming, but you should also make a conscious effort to reduce that amount. Many people buy solar panel systems and then start using more energy than they normally would because their energy source is renewable. But remember, if you choose to buy a grid-tied system and don’t have a backup battery, you will still have to pay for electricity when your system is not producing any energy.
Buying Cheap Solar Panels
The saying “if it seems too good to be true, then it probably is,” holds true when it comes to purchasing solar panels. If you buy cheap solar panels, then you will end up paying more in the long run. These cheaper panels will not be as efficient, especially if they are not approved by an independent third-party.
Not Considering Insurance
Before purchasing a solar panel system, you need to speak with your homeowners insurance carrier to determine how to insure your panels. Some insurance companies add the value of the panels to the value of your house and adjust your premiums (and coverage) accordingly, while others will insure your panels separately. Some companies offer no coverage at all for solar energy systems.
Ignoring Rebates & Incentives
Solar energy systems are not cheap, but purchasing one is a long-term investment that will save you in the long run. Solar panel systems cost around $20,000 to $30,000, but there are tax credits, rebates and incentives offered by your local and state governments to help get the costs down. In fact, in some cases, you can reduce the cost of a system by almost $10,000!
Not Knowing What Size You Need
If you choose a solar panel system that is too small, then you will not be able to produce enough energy for your whole household. On the other hand, if you get a solar energy system that is too large for your home, then you will have essentially wasted money that you could have saved. To avoid choosing the wrong system for your home, come to Go Solar Energy. We use the most reputable solar installers, who will sit down with you, fully analyze your home and electricity usage, and provide you with a quote for the correct size system for your home.
Trying to DIY
There is nothing wrong with trying to do things on your own, but if you try to install a solar energy system by yourself, you leave room for error and loss of money. Properly installing solar panels is very important: If you install your solar panels incorrectly, you could end up damaging your roof, or if you make a mistake with the wiring, you could end up with costly damage to your home.
Not Getting Multiple Quotes
If you only get a quote on a solar energy system from one company, then you could end up missing out on savings. One sure way to get the best price on your system is to get a breakdown from multiple companies on how much the solar panels will cost you, what incentives and rebates are available, and how long a warranty they can offer.
Go Solar Energy works with the top-rated solar companies in the country, and we will provide you with an agent to discuss all of your different options. We break down what size solar energy system you will need, how much it will cost, how much you can get in savings, and when you can expect to see a ROI. We work hard so you don’t have to! To get instant free quotes, simply enter your zip code in the bar on our homepage, or for free quotes and guidance from one of our licensed agents, call 888-290-3112.