Is Solar Panel Energy The Right Option For My Austin, TX Home?
There are many benefits to investing in solar energy on your property. By using solar energy in Austin you can cut costs, earn a tax credit, and work towards accumulating an additional income by selling your surplus solar panel energy.
As a leading Austin, TX solar energy provider, Saveco Solar can help you decide on the perfect solar energy system for you. We will also perform the entire installation process for you with our excellent prices and our flexible financing options. Give us a call today to schedule a consultation and begin your solar installation process!
Will Solar Energy Save You Money?
Making the switch to solar energy will save you money. However, the amount of money that you save will depend on a number of things.
Your potential savings will depend on your current electric bill and the amount of kWh per month you use to power your home. It will also depend on your location and the amount of sunlight you get on average throughout the year. If your current electric bill is high and you consume a large amount of kWh per month (the national average is about 900 kWh a month), investing in solar panels will significantly lower your monthly costs. If your bill is already low, and you don’t consume a lot of electricity, it’s still possible to save money but you won’t see as much of a difference.
The cost of solar panels has gone down significantly within the last few years and utility companies rates are increasing. Electricity is expensive to produce and as cities continue to grow, the demand for energy follows.
We take pride in providing excellent solar services for our customers. Schedule a consultation now to learn about what we can do for you!
How Long Will It Take for My System to Start Paying for Itself?
The average 6kw system pays itself off within 9 years. Obtaining energy through solar panels allows you to pay less than 7 cents per kWh, which is well below the national average.
You can generate another stream of income by selling the leftover energy to your local utility company. Net-metering allows you to sell unused energy to your utility company. In order to do this, you must produce 1 more kWh per year than you consume.
Will Austin, TX Solar Energy Allow Me to Go Off-Grid?
Yes, it is possible to go off-grid. However, doing so is unnecessary for most homeowners and requires expensive battery storage that neither saves you money nor adds to the value of your investment in solar energy panels.
Once your panels are installed, you’ll still be connected to the grid. This allows you to have access to energy if your system doesn’t produce enough power (this sometimes happens on stormy days with heavy cloud cover), as well as gives you the chance to sell energy back to your local utility company when your system produces a surplus.
Going Green With Saveco Solar
Solar power is a renewable energy source that helps homeowners save money on their electrical bill. Solar energy reduces greenhouse gases and sulfur dioxide which makes it an exceptional option for the environment.
How Many Solar Panels Will I Need For my Austin Roof?
The amount of solar panels that you need depends on the size of your home and the amount of electricity your household consumes.
To get a rough estimate, you can review your electrical bills from within the last year and use those to determine the average kWh you use every month.
Most solar panels used in residential systems come in wattage ranging between 150 watts and 370 watts per panel. The more efficient panels do cost a little more, but are only necessary if you have limited roof space. The average homes require around 30 panels to be fully powered. This number is lowered if you choose to only power a portion of your home with solar panels.
Our team can help you determine the exact number of panels you’ll need for maximum energy efficiency.
How Much Do Solar Panels Cost?
This depends on how much you want to offset your energy bill by. Installing more panels will cost more money and will also produce more energy. This allows you to save more and receive the return on your initial investment much quicker.
You also need to consider how much roof space you have. We can help you determine what the best solution is for your home and our engineers will come up with a design unique to your needs.
Can I Afford Austin, TX Solar Energy?
Solar panels are thought to be too expensive for most homeowners. However, solar prices are trending down which has made panels more affordable than ever.
The initial cost shouldn’t scare you away. Keep in mind that you are investing in the future of your home. Solar systems are known for increasing property value over the long term and a quality system will last for 25+ years. The typical warranty for a solar panel is 25 years, guaranteeing that the panel will operate at or near maximum efficiency for that period of time. After 25 years, the production of energy decreases, but your system should still produce around 90% of its original power. According to The National Renewable Energy Laboratory (NREL), the production of power decreases by less than .4% per year.
Is My Roof Too Old For Solar Panels?
If your roof is under 10 years old, solar panels should work well for you. If you live in an older home, you can still invest in this energy source. Just be sure to have your roof paper, roofline, and attic inspected for potential issues. Once any problems are addressed, your roof should be structurally sound and ready for solar panels.
If you live in a storm-ridden area, don’t be discouraged. Our technology is designed to withstand tough conditions and we will provide you with a warranty to ensure that your panels last the minimum 25 years.
What Are My Payment Options? Solar Financing in Austin, TX.
If possible, cash is the best option. But there are other payment and financing options available to you.
If paying in cash doesn’t work for you, consider researching and seeking out a solar loan from a credit union.
We also have leasing options available. Our representatives use premiere lease generation software to help you settle on a plan. Our plans are flexible and crafted to suit your needs. The amount you would put down and the preferred rate escalator depend on many variables specific to your situation.
Do I Qualify for a Tax Credit?
When you purchase a residential solar energy system, you become eligible for a tax credit.
From now until December 31st, 2019, the tax credit is 30% of the cost of the system.
From January 1, 2020 until December 31, 2020, the tax credit is 26% of the cost of the system.
From January 1, 2021 and December 31, 2021, the tax credit is 22% of the cost of the system.
Contact Us Today
Think Saveco Solar is the right option for you? Schedule a free consultation below! We’ll answer all of your questions, address any concerns that you may have, and help you get started today!