Deciding to add solar to your home can be tough for a lot of families. It can be difficult to navigate everything you hear about solar and what can be true and what is not true. We believe that the decision is different for every situation and it is important to assess your specific needs and wants when it comes to your household. There can be so many benefits to solar but that doesn’t mean that it is right for everyone.
Here is some information about solar that might help when making the decision.
1: You can save an average of $1,346 annually on energy bills by going solar.
(Market Watch Guides https://www.marketwatch.com/guides/home-improvement/are-solar-panels-worth-it/#:~:text=Solar%20panels%20typically%20last%2025,energy%20bills%20by%20going%20solar.)
2: For most homeowners in the U.S., it takes roughly eight years to break even on a solar panel investment. For example, if your solar installation cost is $16,000 and the system helps you conserve $2,000 annually on energy bills, then your payback period will be around eight years.
3: The price of solar has fallen over 70% since 2010.
(Solstice https://blog.solstice.us/solstice-blog/solar-energy-statistics/)
4: Most solar panels have 20-year warranties, but many of the earliest-installed panels are still working 40 years later at 80% efficiency or more.
(Solstice https://blog.solstice.us/solstice-blog/solar-energy-statistics/)
Below is list of pro’s and con’s that come with solar!
Pros
1: Solar can increase the value of your home
2: The panels themselves can last up to 25 years.
3: Savings on your monthly utility bills.
4: Reduces your carbon footprint.
Cons
1: Initial costs can be expensive.
2: Some panels do not work on all roof types.
3: Solar is a long term commitment
4: Solar is dependent on sunlight.
DISCLAIMER: This information is based on personal opinion
Local Grand Junction Solar Companies
- Atlasta Solar Center
- Skyline Solar Company
- High Noon Solar
- Big Dog Solar Energy