The other equipment used in a residential solar system, such as the type of inverter you use, will also affect the cost of the installation. The best way to save money on the initial costs of installing solar panels is to take advantage of the solar investment tax credit. Panels from certain solar energy manufacturers are more expensive than others, and that doesn't always mean they're much better in terms of performance. At the end of the contract, homeowners can renew, purchase the system, or remove solar panel equipment.
Not surprisingly, these agreements have been an important factor in driving the current boom in solar energy installations. If you're interested in transforming your home into an eco-sanctuary, installing solar panels is a step in the right direction. Solar leases allow the homeowner to install solar panels without paying anything (or much) up front, reducing the total cost of solar panels. To find out how many solar panels you'll need, you'll want to determine how much electricity you use in your home on a daily basis.
Roof inclination and access to the solar panel installation area can also affect the price of the installation. Thin-film solar panels are the most flexible option today, as they are mounted on glass and metal in different shapes and angles. Solar panels work in every area of the United States, but where you live makes a difference in how much direct sunlight you need to power your home. Most solar panel systems are installed with monocrystalline solar panels, but some homeowners may opt for polycrystalline panels to save a bit on initial costs.
The fact that solar panels are installed on the roof or on the ground will also change installation and labor costs. The higher your energy consumption, the more system you'll need to cover your electricity bill, which means your solar installation will be more expensive. Not only that, solar energy companies that charge such low prices probably can't make enough money from their sales to provide you with the customer service you need during the 25-year lifespan of their solar panels.
