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How Much Do Solar Panels Cost in 2022 March 28, 2022 | residential solar panels, Solar Panels

As a homeowner, you are faced with a seemingly never-ending number of decisions concerning your property. Along with structural maintenance and upkeep, there are many methods of making investments in your property that will make your home more attractive, more secure, and protect its market value. One of the more popular home improvements is the addition of a solar electrical system. Many homeowners are surprised to realize considerable savings on their electric bills, as well as an increase in their property value. This serves to offset the initial cost of installing solar.

What is Solar & How Does it Work?

A residential solar power system is an array of engineered glass panels installed on the roof of your home. These panels gather sunlight, and through a series of photovoltaic cells, transfer that energy into direct current (DC) electricity. This electricity is transmitted to a converter that switches the DC current to alternating current (AC) which is the type typically used in homes. Electricity is stored in a series of batteries on the property, and this power can be used to either partially or completely satisfy your home electricity needs. In some cases excess energy is returned to the power grid and results in a cash payment from your local utility company.

Is Solar Right For You?

There are many factors that can determine the suitability of a solar system for your home.

Geographic Location– This is a determining factor in the size of the solar systems needed for your home. Solar power systems will work in every part of the US, but areas with more constant sunlight tend to have better returns. Cooler areas of the country also benefit from solar, as the efficiency of the systems tend to decrease when they get too hot. Cooler climates enjoy more efficiency in their solar systems.

Type of Roof– If your roof has a large surface facing South in direct sunlight, this may be ideal for a solar system, but it isn’t necessary. Roofs with other orientations also enjoy significant savings with solar. The ideal roof for solar will have a maximum possible area unbroken by vents, skylights, chimneys, or gables. Reducing the pitch of your solar array can improve efficiency. Angles ranging from 30 degrees to 15 degrees are considered ideal. The complexity of your roof can affect pricing.

System Size– A larger solar system will be more expensive initially, but will provide a larger and more immediate result in terms of energy savings. Smaller systems will incur a lower initial cost, but can also deliver significant savings. For Residential Solar Financing in Chesapeake, VA, contact Expert Solar.

 

Pricing– Solar systems are not a one-size-fits-all proposition. Each installation is unique. The pricing will be determined by the complexity of your project. There will be significant savings after the application of the Federal Solar Tax Credit. Virginia has passed the Clean Economy Act that is pushing for more renewable energy. Future tax credits from the Commonwealth are expected.

If your goal is to install a solar system onto your property, and you are interested in loans for a solar panel system Chesapeake, VA, contact Expert Solar for professional advice and a competitive quote for your solar project.

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Looking for solar installation services in Virginia Beach, Chesapeake, and Norfolk? Give us a call at 757-988-7777 today! Our experienced team is ready to help you with the Federal Tax Credit and guide you through our low-interest financing option.

 
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