What to Know Before You Go Solar

What to Know Before You Go Solar

Solar panels can be economically and environmentally sound and more accessible than ever. According to one research firm, U.S. homes and businesses installed a new system every four minutes in 2013.

But is solar power suitable for you here in New England? To help you address the question, here are five things to think about before making the switch:

1. The different options for installing a solar system. Frequently you don’t have to foot the total cost of going solar yourself. Instead, you may be able to lease a system from a company that installs and maintains it or enters into an agreement where a third party owns the system and bills you (likely at a reduced rate) for electricity. Remember that installing and owning your own system may provide the best long-term return, and tax credits or rebates may help lower upfront costs.
2. Your current energy costs — and your future needs. Depending on your situation, you could now have relatively low energy bills and not be as motivated to pursue solar as someone with higher costs. But what does the future look like? If your family is growing, your energy costs are probably about to unfold, too, and investing in solar might be worthwhile.
3. The power a system would generate. Have a reputable solar company measure the sun your home gets, considering things such as shade, trees, etc., so you can make an informed decision about expected savings.
4. What does your homeowner’s policy say? With any improvement that increases the value of your home, you need to make sure your insurance policy reflects the change. Give us a call to see if your policy already covers solar panels. If it doesn’t, we can help you amend it.
5. Your goals. Are you mainly looking to save money? Help the environment? Both? Knowing your goals will help you determine whether solar is the right choice for you and which option makes the most sense. No matter what you choose, even considering solar means, you think about energy differently. And that’s a good thing.

Renewable power can help protect you from rising energy costs and even power outages, not to mention the good it does for the environment. Just consider your options and all the costs involved before leaping.