how much does solar cost

How Do Solar Batteries Work

How Do Solar Batteries Work 479 269 Sunlux

Solar batteries are changing the game in residential and commercial solar markets, making a revolution in the way people use energy nowdays. In this post you will read everything you need to learn about how solar batteries work.

When you see a trending where everybody is trying to get a solar battery system, you need to pay attention. Residential solar panels have been installed in rooftops in a fastest way, that the popularity for solar power is growing big time in California, and it’s making the solar industry the fastest growing market, also it is the market where more jobs are produced by sector.

But solar energy consumers are taking this step to the next level. Houses generating their own solar energy now have the ability to provide power to their entire house after the sunlight disappear at nights. As you know going solar add value to your homes and cut electric bills. That’s why having a solar battery at home is the best & simple way to take the solar energy above and beyond energy expectations.

Every solar battery is done to last a high life. With this we mean that they can support a higher number of charge-discharges life cycles before their efficiency drops to 80%. They do not need a frequent maintenance so after they are charging and discharging they will still be highly functional. Solar batteries allow solar energy owners to enjoy their solar power using batteries without any worry. It came with a solar energy storage this system support all your household needs.

Smart Solar batteries are now connected with apps and new technology for renewable energy users. New Smart batteries have artificial intelligence that learn about energy & weather trends, so they will focus on get the most energy storage available for them when the sunlight is not that strong.

Solar Customers are ejoying their independence of utility bills producing their own energy with a solar battery which gives the way to energy storage and this is when things get sweet for everybody.

You go to work all day and when you come home at night you solar battery is full charged of free energy ready for everything.

Benefits of Buying Vs Leasing Solar Panels

Benefits of Buying Vs Leasing Solar Panels 479 359 Sunlux

When a customer takes the decision of getting a solar system, the tough question is between buying or leasing to own the Solar Panels. If you buy it, the system is yours either if you pay it with cash, or a Solar Loan. If you choose to take a Solar Leasing Programs, the system is owned and maintained by a third party company. Each option impacts directly to the cost, maintenance, terms, savings/returns and financial offsets on your solar panel system agreement.

In the State ofCalifornia the 70% of the residential Solar Systems were funded by an external party, through a Leasing solar panels PPA, Or Solar Service Agreement. The other 30% were either purchases with cash or financing. With this information the big question for people interested in going solar and doing their research before they get the system that fits for their needs would be: Why are the majority of the solar projects funded through a Solar Lease? Because my neighbors are going solar with a lease, should this be the best for me?

We review the benefits of leasing vs purchasing your solar system:

Benefits of Leasing Solar Panels for your house

Save Money right away. You will save about 15-40% of the current utility bill price, depending on the size of your bill. The higher your bill, the more you will save.

No Upfront Cost. You are not required to put money down for installations. Solar Leasing companies pays for everything, from design, engineering, permits, equipment & installation. You only make your lease payment every month once your system is turned on, instead of making the payment to your utility company.

Free Maintenance. If something happens to your system, it’s the leasing company who will fix it. Once again you save as the system is insured by the leasing company.

The system is guaranteed to produce a minimum level of power each year. If the system produces more, it’s totally free for you. If its produces less the leasing company will pay the difference.

Benefits of Buying a Solar Panel System

Cash is always king. Cash purchases give the highest return on your investment. When you purchase, you own the equipment and all the power it produces with little to no operation costs.

Federal Tax Credits. If there are any incentives available such as tax credits or rebates, you can apply for them which reduces your net cost for the equipment. Right now, there is a 30% tax credit from the IRS if you purchase a solar system for your home. You must owe a dollar in federal tax to get a dollar in credit, but it is available if you have a tax appetite.

Increase Home Value. Purchasing a solar system adds value to your home and increases the value of any future sale of your home. A study was made by the Berkeley National Laboratory that gives credibility to this claim.

It does not matter which choice you make when going solar: cash, financed, or lease. All will give you the same power for a lot less money. That’s why people are excited about replacing the utility with solar. The added benefit of getting your power from the sun verses using the carbon rich forms of fossilized fuel is even greater for our planet. You won’t know if leasing solar panels worth it, until you shop around for a solar power lease or a solar financing program.

How Much Does A Solar Panel Cost?

How Much Does A Solar Panel Cost? 290 146 Sunlux

The electricity solar produces is free; it’s the equipment which determines the cost. The sun shines whether you capture the energy or not. Once the equipment is paid for, there is very little maintenance costs to capture the energy from the sun. It’s not unusual for a system owner to say that once the equipment is paid for, the power is free.

The actual residential panel cost has come down in the past few years as technology has improved the efficiency of solar. A person could buy all the components themselves, and install them for the lowest out of pocket cost possible. There are even books on how to do this for the do-it-yourself. Unless you know what you’re doing, We do not recommend this.

Top Cities For Solar Savings

Most cities and counties require you to obtain a permit to add solar on your home. This requires a licensed engineer or electrician to draw up plans, have them stamped, then presented to the city or county building department for approval and obtaining a permit. Many solar company installers will also assist you in financing options, either to purchase or lease. We will give you Our thoughts about buying or leasing in the next posts.

So now you know first thing to be aware of when going solar, is to evaluate the system costs for your specific needs at home. To make it simple you need to install a system that supplies your household’s electricity consumption per year.

If you need some advice about going solar at home or have any questions about solar panels cost you can contact Sunlux or download our Solar Information Book for Free!