A photovoltaic (PV) solar energy system is composed of solar panels, racking for mounting the panels on the roof, electrical wiring, and an inverter. From sunrise to sunset, the solar panels generate direct current electricity (DC) which is sent to the inverter. The inverter converts the DC into alternating current (AC), the type of electricity required for household use. The AC power is delivered directly to your home’s main electrical service panel for use by you and your family How does shade affect a solar system’s performance? It’s important to minimize shading because solar panels operate at optimal output when their entire surface is fully exposed to direct sunlight. The system will still produce energy if it is shaded but its output will lessen.
You can also read whether your home is a good candidate for solar to help when making the decision whether going solar is right for you. How long will a solar system last? Most Solar systems are designed to have a useful life of 50 years or more.* How much will I save with a solar system? Your current monthly energy use and the size of your system will determine your actual savings amount. And with little or no startup costs*, systems can start paying for themselves immediately. Savings will vary based on several factors, including system size, performance, your household’s average energy usage as well as any applicable solar credits, tax incentives, and current solar energy buyback (net metering) rates offered by your utility company. A detailed calculation of your potential return on investment (ROI) will be provided by Solar Company during your solar evaluation. Installing solar panels is a great way to save money, however, it’s important to understand just when you can expect to see those savings. Some options allow savings the day the system is live, where as others come with an upfront investment and provide greater returns over time. If you borrow money with a loan or qualify for a lease, you can often reduce your monthly electric bill immediately. If you decide to do a pre-paid power purchase agreement, or buy the system outright, you will have an upfront expense, but save more in the long run.
Get more information about what goes into calculating home solar panel system costs and other important solar energy questions to ask your installer. Will a home solar system increase my property taxes? Having a solar system typically adds value to your home.* Depending on where you live, there is often no increase in your property taxes. There are wide variety of financing options, including some that don’t require you to pay any upfront costs if you qualify. The cost of your solar system depends on several factors, including your current energy usage, your available amount of unshaded roof space, your local utility’s net metering policy, and other factors.
Learn more about how to calculate solar costs and how many solar panels you may need to power your home. Despite the generalities, you may hear in solar advertising, not all solar systems are created equal! Of all the solar panels on the market, Some Panels have the highest efficiency* and convert the highest amount of sunlight into electricity. This means our solar panels generate more power than conventional panels within the same amount of space, and you’ll need fewer panels to produce the energy you need. You can maximize your available roof space to choose the best, unobstructed location for electricity production. Our world-record panel efficiency* means you’ll save more money over time by choosing better panels.