Before 2008, converting your home to solar was a relatively unique process with limited options for installation. Installation was also very expensive, as were panels and inverters. In 2008, however, solar energy deployment increased at a record rate, not only in the United States but across the world.
At the close of 2017, the Solar Energy Industries Association reported that installed solar energy capacity in the United States had over 50 gigawatts (GW) of photovoltaic capacity. In the first five months of 2018, 1.44% of all electricity generated in the United States was from utility scale and distributed (individual homes) power. The solar industry now employs over 260,000 US workers.
More Choices for Homeowners
The growing awareness of the need for clean energy coupled with dropping prices and attractive incentives will make 2019 a banner year for individual home installations of solar systems. There are more installation options available and more and more knowledgeable people in the industry who know how to plan, design, install and maintain a system that is exactly right for your home.
Installation costs still vary. The biggest factor is the cost of the actual panels and inverters. Remember, when you are costing out your options, that this is an investment that will last for approximately 25 years. Most companies warranty the systems for 25 years and some for as long as 30 years.
Startup costs have come way down. Couple that fact with a significant return on your investment (ROI) that typically saves you enough on your utility bills to pay off a solar system in 5 to 8 years. And don’t forget that a solar-powered home typically sells for thousands more than one that is not. You have sound reasons to go solar.
Local Contractors & Equipment Options
Twenty to twenty-five years ago, homeowners had very limited options on how they could convert their home to solar. Now the options are many. They require some time and research, but are well worth it.
Get bids from local contractors and compare various solar options so that you are getting the right equipment for your home. Make sure that the installer is not tied to using only one brand of panel and inverter as they will design to the product rather than designing a solution that is best for your home. Talk with people in your area and find out about their experience and what they recommend.
There are numerous incentives – federal, state and local – available through 2019, making this a great time to convert.
At SunLynk, we can help you find a good installer in your area. Check us out today.