Residential solar panels are hot these days! With prices going down as fast as efficiency is increasing, more and more homeowners are interested in solar power options. The claim that you can turn your meter backwards is an enticing one… and not far-fetched, I may add!
If you are among the many people that are considering switching to solar power this year, what do you need to know? What do you need to consider?
Let’s cut to the chase: money is a huge consideration for most of us. Before you can install residential solar panels, you need to think about what it will cost you, and what you can save.
Two primary types of solar electric panels (also known as photovoltaic, or PV, panels) exist: manufactured, and do-it-yourself. Solar panel kits are hot among property owners that like to construct and wire the components themselves, while saving money. But, going with manufactured solar panels can provide you the peace of mind of knowing that someone can help you with tax rebate forms and possibly even maintenance of your investment.
And speaking of investment, did you know that you don’t even have to purchase solar panels for your home? You can still convert to solar power without the upfront investment, if you finance or lease solar panels.
Perhaps the most exciting aspect of switching to solar power is the fact that it will actually help your bottom line. That’s right! For every $1 you save annually in electricity bills, your property value increases by $20. So, let’s say you save $500 per year in utility costs. That’s a $10,000 boost to your equity!
Among the other benefits of going solar are: (1) lower or non-existent electricity bills; (2) insurance against rising utility costs in the future; and (3) security of having a power source when/if the grid fails due to weather or national security issues.
Don’t sit on the fence any longer! Prices for solar panels have dropped by 50% recently, government incentives are generous, and you don’t even need to purchase a solar power system outright to gain the benefits.
Residential solar panels are for you – trust me! What’s holding you back?
Tags: residential solar panels, solar panel kits, solar panels for home, solar power options, switching to solar power


November 5th, 2009 at 8:09 am
I think every one should use the solar energy as it is the best way to cut the energy bills..Thanks for the
post..and keep posting some more like this.