Are You Thinking About Adding Solar Panels to Your Home?

Solar power solution

As solar power for residential homes has become a more common sight in recent years, more people have questions about home solar energy solutions. Homeowners may wonder if solar panels are really more “green.” They might have questions about the installation process, and how much it could cost. These questions are easy to answer, but what homeowners really want to know is how a residential solar energy solution would benefit their home.

So How Much Energy Does Solar Energy Save?

In total, solar energy users save the world about 75 million barrels of oil annually. And only 0.0005% of the Earth would need to be covered with solar panels to actually supply power to the whole globe. Figures such as these can cause people to wonder why every home and commercial building are not fitted out with solar power panels. The answer comes down to information and of course, cost. The initial expense of installing the panels is a valid concern.

How Much Might Installation Cost?

For home solar power systems, cost of installation depends on the size of the home and what company is completing the work. An average home would need about 600 square feet of panels. The upper price for that size of a job can be about $52,500. On the bright side, there are incentives such as subsidizations and tax breaks for those people who do chose a solar energy solution for their home.

Are Solar Panels Suitable For a Business?

Solar power panels are not just for residential use. Commercial buildings can benefit as well. The energy costs of running a business can account for up to 80% of the monthly operating budget. It is possible that a business would see a more noticeable difference in their monthly utilities bill versus a home owner, simply because their needs are greater. Anytime a company can cut expenses without cutting corners on the quality of their product or service is good news.

Solar energy solutions are attractive to homeowners and an expense-cutting choice for businesses. The upfront cost can be a deterrent for some. It is a good idea to look into possible incentives in your area, such as companies willing to subsidize their work. Solar panels may not be an immediate option for everyone. They are a good option for those people who have the means to install a more sustainable energy source at their business or in their home.

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