The cost of solar panels has fallen sharply in recent years. According to climate change data, the cost of PV systems fell a whopping 80% between 2010 and 2019. This has made them a more attractive option for homeowners looking to reduce their energy bills.
Additionally, tech like solar battery system makes it easy to store power and use it when you need it, resulting in even more savings. The ability to minimize the quantity of electricity drawn from the power grid is one of the benefits of solar energy storage.
Unfortunately, the growing popularity and obvious benefits of solar power mean that more and more people are making mistakes when buying solar. In this article, we’ll take a look at the top five.
Underestimating Energy Consumption
One of the most common mistakes of buying solar panels is underestimating how much energy your home will use. You might assume that you’ll save money on your electricity bills, but if you don’t account for how much power your appliances will use, it can really add up. It’s important to keep track of your energy usage so you know exactly how much money you’re spending on electricity.
Not Understanding the Available Incentives
There are many different incentives available for homeowners who are looking at buying solar panels for house use. These include tax credits, rebates, and even grants for some people. The key is to understand which incentives are available for you and how much money they could save you over time.
Purchasing the Wrong System Size
Many homeowners assume that installing PV modules is like buying a television or other appliance — you just pick what size system catches your fancy and go from there. But that doesn’t always work out that way; certain systems will be more efficient than others, which means they’ll produce more electricity overall.
You should also consider how much space you have available for your system and how much sunlight it gets in your area. All these factors are vital when purchasing solar panels for home use.
Going for Deals That Are Too Good to Be True
There’s no such thing as a free lunch or a free energy source — at least not in this world. So if something sounds too good to be true, it probably is. You may end up buying bad solar panels.
Buying a PV system for home use shouldn’t require any special deals or discounts, especially when there are tax incentives you can take advantage of. Just compare prices from different providers and see what comes out on top!
Overestimating Potential Savings
??Another mistake people make is the overestimation of the potential savings from this energy source. When you are looking for a solar system, it is important to get a realistic estimate of how much money you can save over time.
The amount that you can save depends on several factors, including the size and type of panels, the amount of sunlight available in your area, and how much power you use in your home each month. Not many installers will tell you this.
What Do You Need To Know Before Buying Solar Panels?
Solar panels are a huge investment – so it’s important to know what to expect when you buy one. The average panel has a lifespan of about 25 to 30 years.
To put this in perspective, the PV module deterioration rate is around 0.5%, which translates to a reduction in the energy output of 0.5% per year. This means that barring bad solar installations, your equipment ought to be operating at roughly 90% of its original output after 20 years.
Here are a few things that will affect how long your PV panels last:
- The quality of the panels: cheaper modules will usually have a shorter lifespan.
- The climate: PV systems in hotter, drier climates will tend to degrade faster.
- The angle of the panels: Modules that are installed at a steeper angle will be more efficient.
So, how can you make sure your panels last as long as possible? The best way is to buy high-quality panels from a reliable source like PPM Solar and have them installed by their qualified installers so that you can be sure you are getting value for your money.
Main Brands Of Quality Solar Panels
There are a lot of solar panel brands out there, but not all of them are created equal. You want to make sure you get a quality product that you can trust to give you the best experience.
Here are the top 10 brands listed in no particular order.
- Canadian Solar
- First Solar
There are a few common mistakes people make when buying a solar panel, some of which have been covered in this article. One additional mistake people make is failing to get professional advice when planning to switch. You can avoid these mistakes by doing your research and talking to an expert.
Get in touch today if you have any questions