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top 5 tips to size a solar power system that fits your budget.

My day consists of helping many people size their solar power system to fit their budgets. If your considering a solar power system for your home or small business, I would consider the following 7 tips to help you size you solar power system:

1. Figure out what is the maximum you are willing to spend on a complete solar power system. Are you going to install yourself or hire a professional? The answer to this question will have an impact on your budget.

2. How much space do you have to install solar panels? If your in the northern hemisphere of the world, which includes the USA. Then the best location to point your panels is south. In the southern hemisphere of the world you would point your panels north to maximize on the peak sun.

3. How much of your electric bill do you want to offset using solar panels? Remember solar power systems are expandable so you can add more capacity in the future.

4. Investigate tax credits, rebates from utility companies, government incentives, and other incentives that you qualify for. call your utility company and ask if they have a solar power rebate program. If your in the USA, ask your tax consultant about the federal tax credit for renewable energy systems.

5. Popular ways to finance a solar power system include for your home are home equity loans, loans from your 401k, lines of credit, and unsecured credit. For small businesses, equipment leases and power purchasing agreements are popular.

what do you think is the most difficult aspect of getting started with solar? Is it difficult to figure out how many solar panels you need?

Author: Deep Patel

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