If you’ve recently investigated installing solar panels in your home, you may have been shocked at their price tag. But, before you write off the idea of using solar panels as one that your pocketbook cannot support, there are three things you might want to consider in relation to solar panels cost.
1. Solar Panels Cost Is All Up Front
You will have a substantial initial investment in putting in a solar power energy system. But, your cost will be recouped fairly quickly. Once the system is paid for, you’ll be generating your own electricity for free. The power bills may be gone forever. Once installed, solar panels cost very little to maintain. And, a solar energy system lasts for 20-30 years, so there’s no worry that your system will need to be replaced in the near future.
2. You Can Spread The Payments Out
Most companies that install solar panels will finance the cost for you. There’s no requirement that you make a large investment all at once. Many consumers choose to pay for their solar panels over a five year period.
3. You Will Get Renewable Energy Certificates
Your solar panel purchase will qualify you for government rebates using the Renewable Energy Certificates program. You’ll earn these certificates by installing your solar energy system. The certificates can then be traded in for cash, or for discounts on additional energy equipment. These certificates can greatly offset the solar panels’ cost, making a system affordable for almost any family. But, hurry, certificate amounts are being reduced for 2012.
There are many reasons to install solar panels for your home. You’ll save money, you’ll have a more reliable energy system, and you can feel good about doing your part to save the planet. And, with so many solar energy companies around, it’s easy to find a company that can help you to configure the system that is perfect for your family’s needs.
Solar panel costs can scare away potential buyers. But, the costs of installing solar panels are coming down each year, as the demand increases. It’s easier and more cost effective than ever to put in your own solar power energy system. So before you rush to the conclusion that solar panels cost too much, be sure you look at your solar energy system from the long-term perspective. You’ll soon see that a solar energy system for your home makes good environmental and financial sense.