Solar panels are becoming increasingly popular. You may be thinking about getting some panels installed on your roof, but before you do that, it is important to keep some things in mind. Here are some of the things you should be considering as you decide whether to install solar panels.
The State of Your Roof
Before you even consider solar panel installation, think carefully about how your roof is doing. If it is many years old, have it inspected by a professional roofing contractor. In particular, you need to be sure that there are no leaks, signs of mold or damaged shingles. If you need to make roof repairs, it is much easier to do so without panels covering it.
Your Tax Burden
You may already have heard about the tax incentives you might enjoy as a result of installing solar panels. However, what you may not realize is that you might not owe enough in taxes to need those incentives. Sit down and go through past tax returns to anticipate what your taxes may be, and then talk to an accountant about whether solar panels will help you with your tax bill. You may still want to get solar panels for other reasons, but be aware of whether they will help you at tax time or not.
Panels that face the south and west are generally able to capture the most sun. However, if you don't get much sun or you have trees that shade those areas, you can still get solar panels. They will have to be ground-mounted, however, and that can drive up costs. You need to allocate funds for digging a trench, pouring concrete footings and running wire to and from the panels.
Leasing Solar Panels
You may not know that you have the option of leasing solar panels as well. When you lease the panels, you avoid many installation costs and pay a monthly fee. However, when you lease the panels, you may be locked into an agreement for multiple years. You may very well realize that over time, the cost of owning the panels is more cost-effective for your family.
Use the information in this article to help you as you consider installing solar panels. Consult a few companies in your local area, such as AAA Solar Source, to find out more about whether these panels would be a good fit for you and your house.