Are you feeling the heat this summer? We bet you are!
Scientists say last month was the hottest July ever recorded in history. As if you didn’t have enough to worry about in 2021, global warming is rearing its head, too.
Rather than suffering from its intensity, why not harness the power of the sun? The price of solar power is more affordable than ever, so what are you waiting for?
Don’t believe us? Read on to discover the true costs of installing a solar power unit in your home.
Product and Installation Costs
The most obvious cost associated with going solar is the initial start up fees. Of course, you’ll need to pay for the product itself, which means you’ll be investing in solar panels.
Before you even buy the product, though, you’ll incur costs. You’ll need to pay up to $400 for an inspection. The inspector will clean and prep your roof for solar panels. They’ll ensure the panels are a good fit for your property and get everything ready for the install.
Next, you’ll pay for the system itself. The costs of a solar system vary. The final price will hinge on:
- Your power needs
- The type of roof you have
- Your location
In general, larger systems will cost more. This cost will also vary depending on who you hire to do the installing. Each company charges a different rate. If you have more questions about initial costs, contact Blue Raven Solar.
Cutting Costs: Savings and Potential Revenue
These initial costs are off-putting. They can cloud your vision and prevent you from seeing how much you could be saving in the long-run.
First, you’ll get a 26% tax credit if you claim your system on your taxes. That means you’ll get back about one-fourth of your investment almost immediately.
Next, your electric costs will go down, too. As the conventional electricity price and Texas kWh cost fluctuate and sometimes rise, solar energy becomes an economically viable alternative, offering long-term savings and energy independence. Your savings will be felt within a month of installing it.
Replacement Costs?
You may wonder — after paying so much, how long will my panels last?
The good news is that solar panels are very long-lasting. Each one has a lifespan of about 200 years.
The Costs of Not Going Solar
Our analysis wouldn’t be complete without considering the costs of not going solar. As we explained above, global warming is no longer something to worry about tomorrow. It’s here today, and it’s wreaking havoc.
Each day you put off going green is another pending heat-wave.
The Real Price of Solar Power Explained
Most people talk about the price of solar power in terms of the cost of installation. Few dig deep and understand the true cost including savings and potential revenue. Even fewer people consider the costs of not going solar.
Now, you’ve got all the details. You can make an informed decision on what’s best for you, your family, and your community.
Are you looking for more tech-worthy advice to keep you thriving? If so, then we’ve got good news. Head over to our main blog page now to see more of our best content.
