10 Things to Consider Before Buying Solar Panels: A Guide

In recent years, solar energy has become increasingly popular as a clean, renewable energy source for residential and commercial properties. Solar panels are an effective way to harness the sun’s energy and use it to help reduce your energy bills. 

Here are 10 important things you need to consider before purchasing. 

Location

Location is an important factor when installing solar panels. Install them in an area that receives direct sunlight for most of the day and is free from trees and other obstacles. This will help maximise the amount of energy your panels can collect.

Budget

Budgeting is key when planning to buy solar panels. Considering the installation project’s total cost incentives or rebates is important. Shopping around and comparing different vendors will help you find the best value for your money. Investing in solar panels is a long-term commitment, so ensure you are aware of all costs associated with the project.

Size

The size of your solar panel system will depend on your energy needs and budget. Calculate the energy needed to power all of your appliances and use that to determine the size of your solar panel system.

Efficiency

When buying solar panels, finding ones that can produce more energy from the same amount of sunlight is important. The most efficient panels are usually more expensive, so consider the cost and the benefits to decide which panels are the best for you.

Maintenance

Solar panels don’t require much maintenance, but cleaning them or having them professionally cleaned occasionally is important. This will help ensure that your solar panels produce the maximum energy. Additionally, you’ll want to ensure you have regular checkups to ensure they’re in good working order. 

Payback Period

The payback period is the time it takes to break even on the cost of solar panels. It is calculated by dividing the cost of the system by the savings on energy bills each year. It is important to consider the payback period when deciding, as a longer period may mean a lower return on investment.

Installation

Another important factor is the installation of solar panels. You hire an experienced installer to ensure the panels are properly installed and connected to the grid. If the installation is done incorrectly, it can lead to issues with the system over time. 

Warranty

When buying a solar panel system, read the warranty carefully and understand the coverage. Ask the company or installer if they have any extra warranties or protection plans available to ensure that you are covered in the event of any damage or malfunction.

Net Metering 

Net metering is an important part of solar panel installation. It enables you to return excess energy from your solar panels to the grid. Check with your power provider to see if they offer net metering and what the requirements are. 

Tax Incentives

It’s important to consider the money you can save when buying solar panels. Many states and cities offer financial incentives for using renewable energy sources. Do your research before buying to get the best deal possible.

Conclusion

Before you decide to move to green energy sources such as solar energy, it’s important to think it through carefully. Consider the positives and negatives of each option so you can make the best decision for your situation. Do the necessary research and consider all the essential factors, and you’ll be able to make the right choice.

If you’re considering integrating a solar system into your home, Seven20 Electrical is your perfect partner. We are an electrical company in Melbourne, Australia, specialising in government work, solar and battery design and installation. Inquire now!