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In this video, Andy will explain everything you need to know when shopping for solar panels. With over a decade of experience in the solar industry, this guide will be based on all the questions he has received over the years from homeowners being introduced to solar.
He will start by explaining the basics of solar cell technology and how it works to generate usable electricity from the sun. After that, he will look at the economics of going solar using our state-of-the-art solar calculator. We have spent the last 10 years developing this tool and it's extremely accurate. I would check out the calculator if you're considering solar.
Solar panels cost between $12,600 and $14,000 after the federal solar tax credit. This is a significant cost but the average payback period for solar is only 8 to 11 years, and in the good solar states it can be even faster. A good solar state usually has a lot of sun or really expensive electricity prices.
There are a few ways to finance solar panels. You can buy the solar system upfront, or get a solar loan and pay it back over a certain period. Both of these methods give you ownership of the system. A solar lease however is where the solar company retains ownership of the system and you pay a monthly fee to receive the energy benefits and have the system on your roof.
Solar panels are a good investment most of the time but not for every single homeowner. If your roof is covered in shade or you have extremely low electricity prices it will likely not be worth it.
Selecting the right solar company is critical when going solar. Your system's lifespan is 25 years and you are relying on them to actually honor your warranty and still be in business in the future.
Whether it's a small or big issue you just don't wanna be left in the dark with bad customer service. If your installer goes broke good companies won't want to touch it as they don't want to be reliable for the other installer's work. They might consider working on the system but it will likely be at a hefty cost.
Picking the right solar panel brand is important, but there are many great options ranging in price. Our top 10 solar panel brands for 2023 include both premium and affordable tier-1 options.
We will also discuss the maintenance and upkeep required to keep your solar panels running at peak efficiency. He'll also discuss the pros and cons of solar energy, and whether solar panels are ultimately worth it for you.
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Chapters:
00:00 - Intro
01:47 - Is my home suitable for solar
02:25 - Payback period
03:54 - Solar calculator
05:38 - Price per Watt
07:33 - Which brand to choose
11:46 - How to pay for solar
15:05 - Solar maintenace
16:42 - Tax credits and incentives
17:56 - Net metering
19:11 - Battery storage
22:34 - Choosing a solar company
25:31 - Outro
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A Beginners Guide to Solar Panels For Home
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