Are Solar Panels Worth It?: A Detailed Breakdown

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Solar power is the way of the future. By investing in solar panels for your home, you too can join a growing eco-friendly movement. Are solar panels worth it, though? How much will it cost to install them, and what are the real, tangible benefits of using them?

Let’s break it down detail by detail to help answer your questions about solar panels. 

How Do Solar Panels Work? 

Solar panels have multiple cells called photovoltaic cells on one panel, held together by a metal frame. Because these photovoltaic cells work together to bring in sunlight or daylight, they do the bulk of the work. 

After that, the energy needs to be converted from solar to electricity so that it can be used in your home.

It’s as simple as that, but there is more to know regarding investing in and installing solar panels. 

Investing in Solar Panels

Investing in a portable solar panel is one of the smartest things you can do to decrease your monthly energy bills. 

The U.S. total for average Americans is 12.69 cents per kilowatt-hour as of January 2021. This is calculated from the service you receive from a utility company. 

However, when you decide to invest in solar panels, you reduce that cost or eliminate it because you are generating your own energy for electricity then. 

Of course, that does mean you need to purchase solar panels still. If you are wondering, “Who are the solar providers near me?”, then just click the link to find out. 

Installing Solar Panels

Solar panel installation can be tricky, but with proper guidance, you can do it! 

You need to keep in mind the cost of solar panel installation. Remember: solar panels are an investment. Many states offer tax incentives for those who invest in solar panel installation for their homes. 

While a DIY installation can save you thousands of dollars, sometimes you may need the assistance of an expert who knows how to install solar panels.

Expect to spend somewhere between $8-$10 per installed watt when it comes to solar panel installation. This depends on the region you live in, though. Make sure you inquire about the area you live in. 

Are Solar Panels Worth It? 

Do you own or lease your system? Still, if you plan on staying in your home for 25 or more years, solar panels are worth the investment. You will gain back your investment in solar panels in about 8-10 years. 

Even if you move before 25 years, solar panels increase the value of your home when you put it on the market. 

Overall, there are so many more reasons solar panels are worth it in the long run, such as being more friendly for the environment!

Consider Solar Panel Installation

So, are solar panels worth it? The answer is yes! 

Now is the time more than ever to consider solar panel installation. Be a part of the growing solar energy movement! 

Want to read about other environmentally-conscious home installations? Check out the rest of our website to discover more. 

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