Shoul I Buy Solar Panels?
February 23 2021 /
What to Know Before You Go Solar
Solar panels can be economically and environmentally sound, and they’re more accessible than ever.
According to one research firm, U.S. homes and businesses installed a new system every four minutes in
But, is solar power right for you here in MN? To help you address the question, here are five things to
think about before making the switch:
- The different options for installing a solar system. Oftentimes you don’t have to foot the full
cost of going solar yourself. Instead, you may be able to lease a system from a company that
installs and maintains it, or enter into an agreement where a third party actually owns the
system and bills you (likely at a reduced rate) for electricity. Just keep in mind that installing and
owning your own system may provide the best long-term return, and tax credits or rebates may
help to lower upfront costs.
- Your current energy costs — and your future needs. Depending on your situation, you could
have relatively low energy bills now and not be as motivated to pursue solar as someone with
higher costs. But what does the future look like? If your family is growing, your energy costs are
probably about to grow, too, and investing in solar might be worth your while.
- The power a system would generate. Have a reputable solar company measure the amount of
sun your home gets, taking into account things such as shade, trees, etc., so you can make an
informed decision about expected savings.
- What your homeowners policy says. With any improvement that increases the value of your
home, you need to make sure your insurance policy reflects the change. Give us a call to see if
your policy already covers solar panels. If it doesn’t, we can help you amend it.
- Your goals. Are you mainly looking to save money? Help the environment? Both? Knowing your
goals will help you determine whether solar is the right choice for you, as well as which option
makes the most sense. No matter what you choose, even considering solar means you’re
thinking about energy a little differently. And that’s a good thing.
Renewable power – it can help protect your from rising energy costs and even power outages, not to
mention the good it does for the environment. Just be sure to consider your options and all the costs
involved before making the leap.
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