What Expenses Might You Incur When You Invest in Solar? - PowerPoint PPT Presentation

About This Presentation
Title:

What Expenses Might You Incur When You Invest in Solar?

Description:

Making the switch to a more sustainable, environmentally friendly energy source such as solar, is a smart move for almost every homeowner, but there can be no doubt that it’s a substantial investment, and as such, the decision to go solar, requires careful consideration. – PowerPoint PPT presentation

Number of Views:1
Slides: 9
Provided by: proximasolar
Category: Other
Tags:

less

Transcript and Presenter's Notes

Title: What Expenses Might You Incur When You Invest in Solar?


1
What Expenses Might You Incur When You Invest in
Solar?
2
  • Making the switch to a more sustainable,
    environmentally friendly energy source such as
    solar, is a smart move for almost every
    homeowner, but there can be no doubt that its a
    substantial investment, and as such, the decision
    to go solar, requires careful consideration.
  • While tax credits make going solar now, more
    affordable than ever, its still important to
    consider the following potential expenses

3
  • System monitoring
  • This feature of a solar energy system is
    considered to be essential by most providers, yet
    some may not include it in your deal, or will
    charge you extra for it. Ensuring that the system
    performs at its best at all times, and enabling
    your installer to troubleshoot and improve
    functionality as and when needed, these systems
    can be wall mounted, or operated via an app on
    your phone. Requiring internet access, note that
    this may be an additional expense if your home
    isnt connected to the internet.

4
  • Charges from your utility company
  • The switch-over fee when your solar system is
    first installed, is chargeable by your utility
    company, and while it isnt typically a large
    sum, you should check whether the solar company
    will cover this cost, or whether you will need
    to.
  • Its also important to note that if your solar
    provider is promising that you will eliminate the
    cost of you electric bill, this will only ever be
    possible with solar battery backup. Without
    battery backup, your night time electricity needs
    and the like, will be provided by the utility
    company.

5
  • Battery backup naturally costs more, but for many
    homeowners (and a lot will depend upon your
    electric usage and frequency of power outages),
    its a worthwhile investment.
  • Insurance
  • Insuring your solar system is always a good idea,
    but youll need to think about the cost
    associated with this, as solar impacts homes and
    existing insurance policies differently. It may
    be that you need to update your coverage to
    include solar features, and your insurer will
    advise you as to how much this is likely to cost,
    although it often isnt expensive.

6
  • Maintenance
  • Generally speaking, provided your solar panels
    were bought from a reputable manufacturer and
    installed by an experienced company, they should
    require minimal maintenance over their lifespan,
    however, some repairs, cleaning and minor
    maintenance may be required from time to time. To
    prevent these costs from catching you out once
    your system has been installed, you should check
    the warranties supplied by your solar provider.

7
  • As with any investment that you make in your home
    (and in your future, and that of the planet),
    there are always a series of costs to take into
    account, and provided youre aware of each of the
    points listed above, you should be in a good
    position to make an informed decision about
    having a solar system installed on your roof. For
    the average homeowner in the U.S., solar panels
    are a worthwhile investment that give a good
    return after several years, and which help you to
    reduce your carbon footprint, too.

8
  • Proxima Solar Energy is a proud veteran owned
    organization founded by a group of partners, on
    the premise that everyone should have access to a
    clean, alternative-energy future. Proxima Solar
    Energy is one of the best solar companies in
    Miami and believes that your path to a clean
    energy future should not be difficult or
    complicated, so we seek to bring you simplified
    solar solutions that will benefit today and help
    to ensure a brighter tomorrow. If you are looking
    for solar panel installers in Miami, look no
    further than Proxima Solar Energy. Get an instant
    ballpark solar estimate using satellites!
Write a Comment
User Comments (0)
About PowerShow.com