If you are interested in solar energy or solar thermal or simply not sure which option is the best for you, this definitive guide will help you make a well-informed decision.
There is a global acceptance of solar technology that has caused the increase in the use of solar panels. More homeowners are becoming aware of the importance of solar technology, hence solar panel installation in Shreveport has evidently become a trend in renewable energy.
As a consumer, what do you need to know about solar panel installations to make sure that you are making a wise investment when you switch to solar?
How Does Solar Work?
For homeowners, the photovoltaic system or the use of solar panels can harness the sun’s power and turn it into electricity. When the sun shines on the solar panel, the cells in the panel absorb the photons from the sun. This creates an electric field across layers and generates electricity flow.
How to Know if Your Home is Suitable for Solar
Solar panels work best in rooftops that have no excessive shade from tree cover. Other factors that should also be considered to maximize the efficiency of a solar energy system include:
- Size of roof
- Shape of roof
- Slope of roof
A solar company will be able to help you determine if your roof and location are ideal or a solar panel installation in Shreveport.
Can I Install Solar Myself?
The best way to install a solar energy system for your home is through a qualified professional who holds a certification for solar installations. These companies will most likely know the best types of solar panels that you need for your home. Consider companies that hold the industry-standard certification from the North American Board of Certified Energy Practitioners.
How Much Power Can a Solar Energy System Generate?
The PV Watts was developed for the purpose of estimating the energy production and cost of energy of grid-connected solar systems in any location in the world. You can use this tool to get an estimate. But the best way is to have a professional installer give you a custom estimate of how much power you need and the right system that would generate the electricity enough to power your home.
How Much Money Will You Save By Going Solar?
The amount of money you will save from a solar panel installation in Shreveport will depend on these factors:
- How much electricity you consume
- The size of your solar energy system
- If you choose to buy or lease your system
- How much power your system is able to generate
- Electricity rates by your utility
- How much the utility will compensate you for the excess solar energy you send back to the grid
- Cost of installation including permitting and inspection
- Use of energy-efficient appliances
As of May 2021, Energysage reported that the average cost of a solar panel in Shreveport is $2.99. With a 5 kW solar installation, you can spend around $12,708 to $17,192. This can be greatly reduced after the 26% Federal Investment Tax Credit is accounted for. The estimated energy savings per year is $750. You can save up to $62.46 on an average month. After 30 years, you will be able to save $7,835 for a residential 5 kW solar system.
Will Solar Increase the Value of Your Home?
A recent study found that solar panels are considered home upgrades. Homebuyers are willing to pay a premium of about $15,000 for a home with an average-sized solar energy system. Homes with solar panels are most likely to sell faster, too.
Is Solar Worth it in Shreveport?
A solar panel installation in Shreveport is definitely worth the investment. It is 32,1% less cost-effective than the rest of the nation and will pay itself back in around 19 years 7 months for a home buyer. The higher-than-average electricity usage of 1286 kWh means that you will save more with a solar energy system.
Top Solar Installers in Shreveport
If you are looking for reputable solar companies in Shreveport, the most popular suggestions from Energysage include Solar Alternatives, Sunpro Solar, and Posigen. Energysage is your unbiased solar matchmaker dedicated to matching homeowners with their network of over 500 pre-screened solar installers.