3 Things To Consider Before Investing in Solar Panels

Most homeowners are aware of the financial and environmental benefits of switching to solar energy. If you are one of the folks who are considering getting off the traditional utility grid, here are some things to consider before you make the investment.

Is Your Home Suitable?

Installing solar panels is a viable option for most homeowners regardless of where they live. However, since you are not likely an expert on the subject, you should seek advice from someone who specializes in Massachusetts solar or set up a consultation in your area. When determining suitability, you’ll need to consider the climate you live in, the condition of your roof and the amount of sunlight your roof gets.

Modern solar panels are designed to function well in most climates, whether they are soaked with rain or baked with sunshine. They even function in indirect sunlight or in regions that are often cloudy. If your climate is prone to harsh weather, you should opt for panels that are well rated for durability. When it comes to your roof itself, strong materials like seam metal, concrete tiles or asphalt shingles are best suited to accepting the weight of panels, but many other roofing materials will also work. If it’s time to replace your roof, it is generally recommended that you do so before having solar panels mounted. Finally, when reviewing how much the sun shines on your roof, be aware that the more direct sunlight your panels receive the more energy they are likely to produce. Mounting them in large, exposed areas will help your system generate the most power possible.

Should You Own or Lease?

Once you find that your home is physically well suited for installation, you should look into your payment options. Although the cost to invest in solar panels has steadily decreased in recent years, it can still be a big investment. Most providers offer financing and leasing options, which can spread your cost over regular monthly payments that may be easier to manage.

That being said there are some advantages to owning your system, including a significant tax advantage called the Solar Investment Tax Credit. The ITC was established as an incentive for more homeowners to install alternative energy systems, and it provides a break on your federal income tax burden. To qualify you must own your system as opposed to leasing it, and you must complete your installation by the end of 2021. Acting quickly may be very beneficial to you, as the tax credit is a whopping 26 percent if you install in 2020.

How Much Maintenance Is Required?

After evaluating suitability and payment options, you'll want to think about how much time you will need to invest in the upkeep of your new solar energy system. Fortunately, just some simple maintenance will help your panels stay in good condition for years to come. You’ll want to keep your panels free from debris, and watch your landscaping to be sure no tree branches are hanging over your roof that may block sunlight. Occasional rinsing with a garden hose will remove accumulated dust and dirt, and a wash with lukewarm water can clear away snowfall in the winter.

You’ll occasionally need to check other components, such as your inverter, and remove any nearby debris. Battery storage systems should be housed in as dry an area as possible, and accumulated moisture should be removed to avoid corrosion. While most homeowners can handle these duties, routine maintenance can often be done by your solar provider.

If you’ve already begun to consider installing a solar energy system in your home, you will need to review a few things to feel confident about making the investment. If you find that your home is suitable, the maintenance is manageable and there’s a lease or ownership option that’s right for you, you’ll be ready to pull the plug on public electricity and go solar.