Solar panels are a smart investment for modern, eco-conscious homeowners, but many people feel inhibited by the cost of installation. Fortunately, materials are starting to decrease in price and installation is becoming more manageable. At Modernize,
Are you comfortable working with wiring? Safety is always the first priority in any home improvement project. Make sure you are well-versed with the dos and don’ts of high voltage wiring before attempting this project. Determining the correct panel placement and angle to harness maximum energy is pivotal. Precision is key to making this project worth your time and money.
In addition to handy know-how, you also need to be prepared to navigate compliance laws and obtain permits before beginning your project. If you have the time and resources to do your own research and legwork, you will save the cost of hiring a company paying multiple people to perform these duties.
Help From The Internet
If you have Internet access, you have help with your installation. There really is an app for almost anything. Search for online calculators to determine the size of the kit that you will need, based on information found on your utility bills.
Measuring Solar Energy Savings
Once your solar panels are installed, you will want to see how long it takes to recoup the cost of the materials. While you will save thousands of dollars by installing your solar panels yourself, this project will still be costly up front—but it won’t be long before you break even, and possibly profit from the investment.
After installing home solar, you may be eligible for a federal tax credit, and possibly a state tax credit. Be sure to research your state’s requirements, as some do require that the installation is performed by licensed installers. If these incentives are awarded, a sizable percentage may be recouped right off the bat.
Finally, the value of your home will increase substantially with the addition of solar panels. A buyer’s offer may pay for your project in full if the attractive feature of energy-saving, money-saving solar panels sparks a bidding war.
Make sure you have all of your research done before spending a dime on this project. You want to be sure that you are capable of handling the project in its entirety. Be cautious that this is a very labor-intensive project. You will save a lot of money doing this on your own, but be sure that you are equipped with safety and legal know-how before you begin or your mistakes may end up costing you more than hiring a professional from the beginning. Watch instructional videos to get a good idea of what is involved in the project before you begin so you are aware of the technical know-how involved.