What to Know Before You Go Solar
Solar panels can be economically and environmentally sound, and they’re more accessible than ever. According to one research firm, U.S. homes and businesses installed a new system every four minutes in 2013.
But, is solar power right for you here in RVA? To help you address the question, here are five things to think about before making the switch:
- The
different options for installing a solar system. Oftentimes you
don’t have to foot the full cost of going solar yourself. Instead, you may be
able to lease a system from a company that installs and maintains it, or enter into
an agreement where a third party actually owns the system and bills you (likely
at a reduced rate) for electricity. Just keep in mind that installing and
owning your own system may provide the best long-term return, and tax credits
or rebates may help to lower upfront costs.
- Your
current energy costs — and your future needs. Depending on
your situation, you could have relatively low energy bills now and not be as
motivated to pursue solar as someone with higher costs. But what does the
future look like? If your family is growing, your energy costs are probably
about to grow, too, and investing in solar might be worth your while.
- The power a
system would generate. Have a reputable solar company measure the amount of sun your home gets,
taking into account things such as shade, trees, etc., so you can make an
informed decision about expected savings.
- What your
homeowners policy says. With any improvement that increases the value of your home, you need to
make sure your insurance policy reflects the change. Give us a call to see if your
policy already covers solar panels. If it doesn’t, we can help you amend it.
- Your goals. Are you mainly looking to save money? Help the environment? Both? Knowing your goals will help you determine whether solar is the right choice for you, as well as which option makes the most sense. No matter what you choose, even considering solar means you’re thinking about energy a little differently. And that’s a good thing.
Renewable power – it can help protect your from rising energy costs and even
power outages, not to mention the good it does for the environment. Just be sure
to consider your options and all the costs involved before making the leap.
Give us a call to learn more 804-320-0129 or email smagee@https://knightmageeinsurance.com.