Saturday , September 23 2017
Home / Powerful Inspiring Stories / Solar Panels For Home: Do They Make A Great Investment?

Solar Panels For Home: Do They Make A Great Investment?

The days when solar panels used to be a rare and exotic source of energy are gone. Their popularity is growing and a lot of people are now choosing it as their main source of electricity.

Before installing this system that is supposed to lower energy bills, people are usually curious about the average efficiency of solar panels and the price. If you are one of these people, you’re probably wondering if they are really profitable and how much you can save.

Here are some of the most important facts you should know about solar panels for home.

What is the price of solar panels?

solar panels for your home

The price of solar panels might be different depending on the state you live in as well as your desired size. The more panels you need, the higher the price tags become.

The average price for solar panels is about $4 per watt. A whole system can be as big as 5 kilowatts, which means it can cost you almost $19,000. That may seem too pricey, but it is worth it in the long run.

If you fear that this price won’t fit in your budget, there are ways for you to spend less on solar panels. Government incentives, for example, can reduce the cost of solar panels.

How to Spend Less on Solar Panels?

Federal investment tax credit is a way to make the price of solar panels lower. It can also save you some money on installation. Except for a national rebate, there are also regional discounts. If you add both, the price can be reduced significantly.

For example, if you have a house in Austin, Texas and want to install a large 7-kilowatt solar panel system, it would cost about $26,000. The city’s rebate will reduce $800 per kilowatt and you will save about $6,000. Thanks to the federal tax credit, you might be able to save an additional $6,000.

All in all, you’ll probably save more than $10,000 in total. So, before installation, consider checking the government incentives you can get in your city.

How Much Money Can You Save With Solar Panels?

The main reason to install solar panels is that it allows paying less for the electricity. How much exactly can you save?

Depending on the size of your system, you can save from $150 to $200 per month. The solar system pays for itself in a period of about 7 to 15 years. It is a good result considering the fact that it can serve you for 20 to 30 years.

The competition on the market of solar panels is growing, making them more affordable. If you also use the incentives and rebates, it becomes possible to install solar panels for less than $10,000.

Is It Worth Getting Solar Panels?

home solar panels

While making a decision about solar panel installment, it is important to think not only about the cost of the system, but also about the amount of sun in your area. Both direct and scattered sunlight is good for solar panels, but there still should be enough sunny days to feel the benefits.

Before installing a solar panel system, it might be a good idea to check a specialist’s opinion and find out if your state is suitable for solar energy usage. Another crucial factor is the location of the house and the roof.

Make sure it is possible to provide panels with good exposure. Check where the roof faces, the number of trees and presence of constructions that are situated around. In case the location is not satisfying, solar panels can also be installed on a garage roof or you can use a ground-mounted system.

Solar panels installment requires a lot of time but if you pay attention to all the details it might become a great investment.

The post Solar Panels For Home: Do They Make A Great Investment? appeared first on Dumb Little Man.

Click Here For Original Source Of The Article

Ads by WOW Trk

About Darren Webb

Hello & Welcome to my blog. My name is Darren Webb and i'm on a magical successful journey and also helping others have a more stress free relaxed life. I truly hope that you find a lot of useful information on my blog and that it helps you through your life. Please feel free to contact me at any time.

Check Also

SIDE HUSTLE: From Idea to Income in 27 Days (The Book Is Out!)

Side-Hustle-Book-Chris-Guillebeau-launch-image Hey everyone, the SIDE HUSTLE book is out!

Buy it now: Amazon | Barnes & Noble | iBooks| Your local bookstore

Support your local bookstore

Join me on my 100-city tour.

Whisper: How to Hear the Voice of God by Mark Batterson (Book Review)

Whisper: How to Hear the Voice of God As a book fanatic, I am completely in love with being in the middle of a great book. I carry the book with me everywhere I go – it gets a tour of each room of our house and it knows the flowers in the flower beds...

Read More »

Why Travel Mirrors Life – A Rebuke Of Instagram Perfectionism

You're reading Why Travel Mirrors Life – A Rebuke Of Instagram Perfectionism, originally posted on Pick the Brain | Motivation and Self Improvement. If you're enjoying this, please visit our site for more inspirational articles.

Backpacking and traveling are predominantly arduous, uncomfortable, and anxiety-inducing. When we see those picture perfect Instagram posts of people traveling the world they represent 1% of the story, willfully glossing over the other 99% (such as the fact that blood, sweat and tears were shed to get to the top of that mountain summit – all in the pursuit of a dopamine hit from the proceeding Instagram likes). The chaos of finding yourself in an alien culture, where you’ve been stripped of all familiarity, is at the time nothing other than a test of survival.

So why then is traveling so rewarding?

Because when we travel we submit ourselves to the accompanying s**t in order to experience those fleeting moments of bliss – the moments that we recall when nostalgically reminiscing about our travels. Nobody arrives home from traveling to share their stories of being ripped off by a local taxi driver or how they got so lost in a place that they started crying.

Life is exactly the same.

What gives our life meaning is our suffering, and what manifests from that suffering. For example when we graduate from university our pride and joy isn’t derived from the fact that we now have a new piece of paper that we did not have beforehand. Instead we celebrate all the hours spent frantically studying late at night, our challenging progress in terms of self-development and maturity, or those lifelong friends we made by placing ourselves in new social environments when we would much rather have stayed at home.

Take parenthood. 99% of being a parent involves doing thankless and repetitive tasks that nobody in their right mind would voluntarily agree to. Yet why is it that parenthood has been proven to be one of the most fulfilling pursuits in life? Because that 1% - seeing your offspring grow up – is so rewarding that the sacrifices which contributed to the end result was worth it.

What should you take from this post?

Embrace life’s difficulties. Don’t feel bad for not feeling happy all the time. Reframe your attitude to all those annoying micro tasks that need to be done on a daily basis because they are ultimately contributing to your desired end goals. Your sense of fulfillment and happiness should be viewed from an overview perspective rather than a fleeting snapshot in the here and now. Nobody wants to go to the bank to fill out endless admin forms, but perhaps that act is bringing you 0.001% closer to the person who are aiming to become.

Every single person on this planet is battling inner demons, in one form or another. Empathy and compassion of this fact will go a long way to contributing to your success and well-being. The next time you see that "i have my life together" post on Instagram, take heart from the reality that what you are seeing is a surface reflection of the proverbial iceberg.

Keep seeking.


Brian Cronin is the writer behind The Ithaca Diaries – a personal development blog documenting one man’s search for meaning, answers, and a pursuit of the good life. https://www.facebook.com/theithacadiaries/

You've read Why Travel Mirrors Life – A Rebuke Of Instagram Perfectionism, originally posted on Pick the Brain | Motivation and Self Improvement. If you've enjoyed this, please visit our site for more inspirational articles.

Working From Home: Is it Worth it?

We’ve all fantasized about trading in our demanding office hours, gossiping coworkers, and overbearing bosses for a work from home gig. But, how do we get past the anxieties that come with the transition? Nip those fears in the bud and get ready to pursue the career of your dreams with some of the information […]

The post Working From Home: Is it Worth it? appeared first on Dumb Little Man.

Inspirational Book Review: The Essential Guide to Prayer by Dutch Sheets

The Essential Guide to Prayer by Dutch SheetsI read as often as fat cats think about eating. During the winter, I really give them a run for their money. My favorite books to read, understandably, cover my favorite subjects: God, the Golden Age of Hollywood, cooking, cats, birds, angels, American history, Ancient Egypt, writing, baseball,...

Read More »

Leave a Reply

css.php