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Are Solar Panels Worth the Investment?

Updated: Jun 29, 2023

The first solar collector was built in 1767. The technology that goes into solar energy has evolved a lot since then, but many people still don't know how investing in solar panels can help them. Whether you're looking for solar panel estimates, or simply considering solar as an option, it's important to understand the benefits.

Keep reading to find out more about residential solar panels and if they're worth the investment.

Who Benefits the Most?

When it comes to solar power, some homes benefit more than others. With solar panels being such a large investment, it's important to find out if you'll benefit enough from them to make it worth your while. When deciding your solar panel budget you need to decide what you're hoping to achieve.

The alignment of your roof in relation to the southern sky will determine how effective solar panel installation will be. Homes with southern-facing roofs are better candidates for solar as they'll be exposed to the sun for the most time.

You should also consider other buildings around you when trying to determine if you should invest in solar. It doesn't help if your roof faces the southern sun if it's always in the shade due to other tall buildings.

This isn't to say you shouldn't get solar panels if your roof doesn't face the right way. You just might need to look at alternatives or make peace with the fact that others might benefit more from the same setup.

Location Matters

The alignment of your roof isn't the only thing that matters. The closer you are to the equator the stronger the sun's intensity will be. Residential solar systems on houses close to the equator have more potential energy they can create.

That's why homes close to the equator benefit the most from solar panels

Location is also important when it comes to your utility bills. The price of electricity changes depending on where you live, so homes in areas where electricity is more expensive will benefit more from solar panels. If electricity isn't expensive in your area, the installation costs of solar panels might not be worth the money you save using solar.

You should also consider tax incentives. In some areas, there are incentive programs in place to encourage more people to invest in solar power. This means you might be able to get back some of the money you put forward to install a solar system.

Consider Residential Solar Panels

When it comes to residential solar panels they're expensive to install, but it won't be long before you start noticing how useful your investment is. If you take the time to thoroughly resource the best solar panels for home use and get various estimates you should be able to get the best solar panels installed that still meet your budget. So start researching and consider investing in a residential solar system.

If you're ready to make the leap, contact us for a free solar quote. By installing solar panels on your home or business, Iowa Solar Pros helps you save money and the planet.

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