The True Value Of Residential Solar

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The true value of residential solar is when its used for water heating, for example, this can make up to 40% in savings (on average) for the power bill.


Small solar installations are more popular than ever; in the United States, our friends just south of the border, a new incentive offers them a 30 percent tax credit on any installed solar energy system.

When installing a residential solar panel system, consider environmental factors that can limit its effectiveness, such as tree coverage.

A 7,500kW system costs an average of fifteen thousand to thirty thousand dollars to install, but since you can sell off your excess energy, that investment can come back to you in time.

You Can Estimate Costs And Benefits From Your Computer

The two things you first need to determine are the average amount of sunlight in your province, which affects the efficiency of your system, and how much it costs.

The cost of an installation is based on a set price per watt that your panels will be able to generate when fully installed.

A 7,500kW system, which is fairly typical for a standard two-storey house, can cost upwards of thirty thousand dollars for example.

The Efficiency Is Measurable

Residential solar has a myriad of uses. Solar energy used for water heating, for example, give users savings of an average of 40 percent on their bill.

Having a solar panel system installed shouldn’t be the end of your renovations; you want to think about how you will use that energy once it’s finished.

The efficiency of a home system can be affected by garden trees or nearby foliage though, so consider adapting your property for better performance.

Not to mention, homeowners with solar rooftop power systems add value to the property, thus, saving you money if you decide to renegotiate your mortgage.

Solar Energy Is Currently Underutilized

Residential solar panel systems can not only handle your needs; they allow you to sell excess energy back.

This can help to alleviate energy poverty, which is becoming increasingly common in this technological age where electricity is in such high demand.

This value of solar is highly underutilized; in Taiwan, for example, it was estimated that 36.1 Twh or roughly 16 percent of the nation could be supported by solar power, but less than .02 percent of this energy was utilized.

Solar is Power

You’re not the only one who benefits from the use of home solar panel systems.

The energy you produce is affected by your local environment, so checking your sunlight index is key.

An installed solar panels can generate enough electricity to support your home and possibly benefit others.

And if you properly utilize your new solar energy system, the efficiency will not only help the environment but may pay off the installation costs over a long enough time.

Interested in solar? Get a solar cost estimate and find out how much a solar system would cost for your home or business.
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