Are solar panels the right investment for me?
Is solar right for me?
Let’s face it – whether solar panels are the right investment for you all depends on how much the system costs in relation to how much energy the system generates. Put simply, if the monthly cost of your solar installation plus your new energy bill is lower than your current costs. It’s time to go solar!
However, if your energy costs are relatively low, your solar installation is too costly or doesn’t produce enough energy or you wouldn’t benefit from the current solar investment tax credit it is likely that solar is not the best option for you.
SolarX Global can guide you through all of the factors influencing your solar offset and provide a detailed savings report. Through this, you will clearly see if we can provide you with a system that offers sufficient energy at a low enough price to offset your current energy bill. If we can’t we’ll advise you not to go solar!
Getting the most out of your solar installation
Below is a list of factors that will affect how much energy your new solar installation will produce and in turn if they are the right investment for you
Choice of solar panels
The more efficient the solar panels you install, the more energy they will produce. Sometimes investing more in better-quality panels will give you a higher return on your investment
Roof size
The larger the surface area of your roof, the more panels it can accommodate. A slope of between 15 and 40 degrees is beneficial although not totally necessary. A steeper roof may also increase the installation cost
Sun exposure
For the best sun exposure, your roof should be south facing and ideally get 5 hours of sunlight a day. Shade from trees and other buildings can also affect the amount of energy your solar installation can produce and you will benefit more from solar panel use if you live in a state that gets lots of sunlight exposure.
Solar battery storage and net metering
There may be times when your system produces more energy than you require. This can either be stored for later use by using a solar battery, sold back to your energy company through net metering, or a combination of the two. There are many factors to consider when deciding the best option including, the buyback price of your energy provider, the amount of excess energy produced, and your pattern of energy use throughout the year. SolarX Global will look at all of these factors when designing the more effective solution for you
Want to know more?
Answer a few simple questions below and one of our energy experts will be in contact to discuss your options further.
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