An average house consumes 905 kWh per month, or around 10,850 kWh per year of electricity. An average-sized house with a reasonable amount of sunshine could install a 5kw to 6kw solar panel system to reduce electricity costs. You may want to know more about your solar count rating for solar based on the location of your home and the average sun exposure explained below.. Also, explore the different dimensions and sizes of solar panels for more context..
With solar panel prices falling, these “soft solar panel costs” now make up the majority of what you pay when you install solar energy for your home.. To know how many solar panels you need, you should determine how much electricity you use in your home and what types of solar panels are installed. There are various payment options that bundle the costs of the solar system into a consumer’s electricity bill, either as a solar panel lease option or an electricity purchase agreement (PPA). Solar leases allow homeowner to install solar panels without paying anything (or a lot) upfront, reducing overall solar panel costs.
After installing the panels, the homeowner only pays a flat monthly fee.. The fee includes installation costs spread over time and electricity costs. It should be noted that with most solar rental agreements, the solar company usually maintains all the incentives associated with owning the solar panels. But the consumer gains other benefits.
The solar company can offer a monthly fee that is less than the useful price, or one that doesn’t go up like electricity rates. At the end of the contract, homeowners can renew the system, buy it, or have the solar panel equipment removed. Solar energy may have a simple concept, but it can be confusing to use. And the best approach for one homeowner isn’t necessarily the best for another.
Take the time to gather the relevant information about house size, local sun exposure, existing electricity rates and consumption. It pays to figure out your potential solar costs for your home. Solar panels can not only power your home’s electricity for appliances, but can also be equipped with solar energy for other purposes such as heating and cooling your home with solar energy, solar water heating, and even heating a pool with solar energy. Another point to consider is the orientation of the roof itself..
A 5 kW solar system with 16 330W panels would generate more electricity on a south-facing roof than on a roof facing west or east. To compensate for this loss in production, a few extra panels could be added to the system, which may slightly increase the price of your solar system. So grab your electric bill and take a quick look at how much free electricity for 25-30+ years would cost you. For help reading your electricity bill, see this blog.
The ROI of solar panels varies from project to project.. System size and electricity costs in your region play a role in how quickly you recoup your costs.. In general, most people find a 20% return on investment in the first year and a full recovery within 7-10 years. There are often local and federal incentives that can lower your overall costs and help you achieve 100% ROI much faster.
These vary by region and installation type. So contact your local authorities to find out more. Connecting solar panels to your home is a tough task that requires high-voltage wiring. A licensed electrician is required to perform work in most states. However, solar panels and all accessories can be purchased from the homeowner.
Solar panels must be mounted in a sunny area, and then all modules must be connected with cables. After the panels are connected, they must be connected to an inverter to generate the required power. When looking for reputable solar companies, you should always seek at least three written quotes from contractors large and small, ask lots of questions, check their references, and only sign agreements after on-site consultation. For many households, you may not notice a big difference between them, but there are differences in terms of costs and overall energy levy.
Once you’ve decided on the right number and type of solar panels needed to build your system, consider power storage options. This is, of course, a general estimate, and the versatility of use, hours of sunshine, location and type of panels can change this amount. In addition, the amount of time people spend on electricity in the household on a daily basis also affects overall installation costs.. The rancher’s roof may be large enough to accommodate all the necessary solar panels needed to cover 100% of the house’s electricity consumption, while the two-story home may not.
Solar leasing companies are responsible for installation and maintenance fees for the duration of your contract.. An inverter converts the power from the panels into an electrical voltage that is compatible with your home. To calculate how many solar panels you need, look at your annual kWh (kilowatt-hour) consumption on your electricity bills and refer to the chart and map below. This includes your location, how much shade your property receives, roof pitch, and panel and inverter types.
Contractors may need to develop a unique system to ensure panels receive enough sunlight to be efficient. One of the first questions anyone has when they think about installing solar panels is how much they will cost.. The reason is simple: when you buy low rated solar panels, the number of modules increases. When you have a lower power requirement, your solar panels and the rest of your solar systems cost less than if you have a higher power requirement.