Solar Panel Installation - What You Need to Know
There are several different methods used for solar panel installation, but most people seem to have the common misconception that it is a "one size fits all" process. Unfortunately, even if every solar panel on the planet were the same, we still would find four additional costs that greatly influence the overall installation cost. So, even while manufacturing costs go down, you must still pay close attention to changes in these costs to accurately calculate your final cost. The purpose of this article is to help educate potential panel owners about savings estimate, and hopefully help them decide if solar power is right for them. Let's take a look at these four categories of hidden costs.
Renewable Energy Tax Credit: A good portion of the cost of solar panel installation is the initial "money-down" that is paid for the system. Unfortunately, most states only give out one of five renewable energy tax credit points, which is determined by your home state. Basically, this means that you can choose from a five-point plan. This will also determine the amount of money that you must pay in income taxes each year, as well as how much you can spend on your electricity. Before purchasing any renewable energy system, you should educate yourself on the benefits and costs of using it in your home. There may also be rebates available to you.
Roof Material: Most people tend to think of asphalt when thinking about a new roof for their home, but another good material to look into is rubber roofing. This roofing type will not only make for a very durable roof, but it also protects against leaks, and other problems. Just be sure that your state has a certain minimum requirement before purchasing this type of roof.
Solar Per Hour Pricing: Also included in the price for solar panel installation in New Jersey are the actual installations that your installer will do for you. This includes per hour pricing for electricians, and also maintenance. This is very important, because it gives you a true comparison of how much each part of the installation will cost, compared with just a simple solar panel. Per watt pricing will also include the actual installation cost of the solar panels, as well as any necessary connection wiring.
Solar Equipment: During the whole solar panel installation process, there is one thing that is not included, and that is equipment for the battery bank. It would simply be impossible to store enough power during the day, for it to be usable at night. Your installer can include a back up battery in case this should ever happen. Another thing to consider is the connection wiring, which will need to be installed, or your installer will have to take it apart, and install it again. Installation of these things will vary greatly depending on the solar company you go with.
Roofs: All roofs do not like being struck by the strong rays of the sun, and this can cause damage over time. Many solar panels come with varying degrees of protective coating on them, to help protect your roof from harm. Also, installing these solar panels will raise the value of your home, as they are very environmentally friendly, and will help you save money on your electric bills. These things are often overlooked during solar panel installation, but should definitely not be passed over. For more understanding of this topic, visit this link: https://en.wikipedia.org/wiki/Solar_power.
