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12 Questions to Ask Before Investing in Solar Panels

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Are you considering solar panels for your home? It can be a significant investment, both for the environment and for your house. However, before you decide to pursue this investment, know some factors to think about first.

 

There are lots of different solar solutions available, and it’s an expensive investment cost to consider, so it’s essential to make sure that you’re prepared before installation. To make specific solar panels Adelaide is a good investment for your home, you need to ask yourself these 12 questions first.

 

Take a look at these questions below if you want help with making the best purchasing decisions!

 

Can my roof support an entire solar panel system?

Before installing solar panels, you need to be sure that your roof can support the entire system. Solar panels are typically mounted on top of a solid surface like asphalt shingles; however, if you have metal or clay tiles instead, this can cause issues with installation.

 

Do I own my solar panel system?

If you go for third-party ownership (TPO), you have the option to purchase solar power from a company that has already made an initial investment into your system. In this case, TPO is usually more cost-effective than buying and owning panels yourself.

 

How much time will my solar panel system save me on energy bills?

If going for third-party ownership instead of purchasing your solar panel system, you need to be sure that the money saved on your electricity bills will cover the cost of installation.

 

How many solar panels will I need?

The answer to this question depends on where you live and your level of solar power reliance. For example, in a place like South Australia, you’ll only need around four solar panels to power your home.

 

What will be the installation costs of my solar panel system?

Solar panels Adelaide systems can cost anywhere from $5000 – $25000 depending on how much electricity they produce and any extra add-ons that you go for.

 

Will a solar panel system fit my budget?

Costs can differ depending on the number of panels you install and whether or not there are any add-ons, so make sure that your solar panel installation in Adelaide works with your financial situation. It’s important to consider how long it will take for you to start reaping the benefits of your solar panel system.

 

Is now the right time to install solar panels?

You should check if you can get any rebates or government incentives for installing solar panels, which influences your decision. For example, the Feed-in Tariff in South Australia is $0.20/kWh, and it’s only available until 2035, so consider that when you’re making your decision.

 

How long will my solar panel system last?

If purchasing and owning your panels, it’s essential to consider how much time they are expected to last before needing replacement. Most solar panel systems have an average life of around 25 years, although this does depend on certain factors like the amount of shade your panels receive.

 

Do I have access to enough sunlight?

When it comes to solar panel installation in Adelaide, one crucial factor is access to natural light sources. For example, if large trees or buildings are blocking direct sunlight from hitting all of your panels, this can cause some problems.

 

Can I produce more solar power than I need?

Suppose you are thinking about getting a solar panel system for your home. In that case, one important factor to keep in mind is whether or not the amount of energy produced by your panels will be more significant than what you use on an average day. If a surplus of solar energy is being made, you can sell this back to the grid and profit from your investment.

 

Are there any other costs that I need to be aware of?

When you’re considering investing in solar panels Adelaide, it’s essential to keep an eye out for additional costs like installation and maintenance fees associated with your purchase. The Feed-in Tariff will also play a part in the overall price of your investment.

 

Do I need to install batteries with my solar panels?

Batteries can be an optional addition when investing in your solar panel system. Still, they are worth considering if you want more freedom over where and how often you use energy. The battery storage size will also depend on the number of panels installed and their production capacity.

 

By understanding these seven questions, you can make a more informed decision about whether or not solar panel installation is a suitable investment for your home and lifestyle. There are many ways to reduce your carbon footprint on the environment and save yourself money from energy bills in Sydney when it comes to going green. Make sure that you consider these questions and any others relevant to your situation before making a final investment decision.