Do Your Research, And Get Deals On Solar Panels

Ean GoodguyAugust 7, 2018 889 0

Do Your Research, And Get Deals On Solar Panels

What's up with those commercial jingles?  The producers who sculpt those perfect tunes are gods of the music and advertising industry.  What is your favorite?  I do love the classics like, "the best part of waking up, is..."  Also, what's the deal with the double mint commercials?  That jingle though. Do you know what else has a jingle to it? How about this sentence, you can save a lot of money by going solar. The various determinants, such as the land or space available for foundation, place, and amount of solar radiation per year. If roof area is insufficient, mono solar panels might allow customers the supreme output. If the proposed area is adequate for poly panels, you could encounter the same result as the mono panels, at an incredible savings of 10 to 20%.

Your Solar Is The Best

If you have been investigating the solar panel material, then you presumably know that the price of solar panels is measured using dollars per watt.  This year the typical cost is within the range of $2.87 and $3.85 per watt. Without additional incentives and tax breaks, the cumulative cost of solar panels averages to $16,800. Based on the nationwide standard of 5 kilowatts (kW) per household, solar panels fetch from $10,045 to $13,475 after tax breaks are subtracted from the sum.

Tax Rebates, Solar Credits, And The Sun

Chances for households to take the benefit of solar energy can come with state and business offered incentives and rebates.  An instance is the Solar Investment Tax Credit (ITC) which allows households to earn a 30% tax credit for the procurement and installation of solar panels by 2020.

The long-term value of a solar installation is primarily based on the variety of financing deal you have started with your solar provider.  Paying money without a lease or loan for your solar panels can yield the best ROI. Sometimes, with a $0-down solar loan, you could require savings of $10,000. Solar leases or power purchase agreements (PPAs) offer many modest savings—between 10 and 30% of the common household’s power bill.

If you recognize you are going to be paying a long time living in the home or running the company targeted for the solar panel installation, these savings can arrive at huge savings.  This is an investment that can generate returns, but depending on the funding deal, it can be a shorter repayment or a long recovery. In most cases, a solar panel system connects to its break-even point within eight years. If the would-be solar panel customer bought mono or poly panels with a 25-year normal range of durability, they could encounter 17 years of cost savings on electric charges.

If you want to join the solar revolution, go to and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.

For more information about solar, don't forget to visit our solar blog section for guides and articles.

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