Home & Real Estate

Price of Installation and Maintenance of Solar Panels

When looking into the installation and maintenance of solar panels, you’ll want to consider the cost of the equipment, the cost of installation, and the costs of maintaining your system. You’ll also want to determine whether you’re leasing your panels or buying them outright. If you’re considering buying, you’ll want to know how much a solar panel is worth per watt and what you can expect from the manufacturer’s warranty.

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Cost Per Watt

Knowing the installation and upkeep costs is crucial if you’re considering installing solar panels. You’ll also want to consider how much solar energy you can save by installing a system.

Installation costs vary by state. The prices are mainly dependent on the size of the solar system and how much electricity your household uses. Also, you will need to pay permitting and inspection fees.

A professional installer from companies like Solar by Peak to Peak will handle most of the steps in the process. They will also help you design a system that matches the needs of your home. They will get the necessary permits and hold a consultation to determine your energy requirements.

Federal and state governments both offer solar incentive programs. Some programs provide a tax credit of $0.40 per watt for systems up to 25 kW and a payment per kWh for systems up to 100 kW. The validity of these credits is up to four years.https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d3070.4999820053376!2d-104.938412!3d39.683461!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x876c8f19684737af%3A0x55e06ccb172e0f9!2sSolar%20by%20Peak%20to%20Peak!5e0!3m2!1sen!2sus!4v1657649121978!5m2!1sen!2sus

Leasing Vs. Buying

Buying and leasing solar panels are both viable options for people who have the money to invest. However, before you commit to either option, some essential factors must be considered. These include your financial situation, the size and scope of your home, and your budget.

Buying a solar panel is a significant financial commitment. The initial investment can be as high as $20,000. Depending on your home’s size and power needs, installing might cost a considerable sum. This can make it attractive to buyers who want to avoid paying out the roof.

Purchasing a solar system from a company like Solar by Peak to Peak is a great way to green the home and save on monthly utility bills. However, this decision can be challenging. Some people prefer to lease their panels.

Adjustable Solar Panel Angles According to The Sun or Seasonal Changes

Having the proper angle on your solar panels is essential to maximize solar energy production. The angle you use is a combination of factors such as latitude, seasons and the amount of sunlight you receive. The angle of your panels must be changed twice a year for this reason.

When selecting an angle, the ideal direction to aim your panels is toward the south. This will allow your panels to receive the most sunlight during midday hours. However, if you aren’t lucky enough to live in a location with plenty of sunny days, you may need to orient your panels differently.

In general, the ideal angle for a solar panel is close to the latitude of your home. Whether you have a roof or a movable frame, the angle you choose will directly affect the amount of solar energy you produce.

Manufacturer Warranties

Solar panel warranties are a form of protection from solar equipment defects. If your panel is damaged, the manufacturer will replace it. Some warranties only cover the shipping of the replacement panel, but others include the labor costs associated with returning the faulty equipment.

Most panels will come with a linear performance warranty, which guarantees the summit will produce a certain amount of instantaneous power for a specified period. This can be a few years or up to 25 years. The amount of energy a panel produces decreases each year. For this reason, the manufacturer’s warranty may not include labor costs.

Some manufacturers offer step warranties, similar to a linear performance warranty but shorter in length. A step warranty typically guarantees production at a specific level for a particular number of years. However, most companies no longer offer step warranties.

Cleaning And Maintenance Costs

Maintaining your solar panel system in good working order is crucial if you have one. You can clean yourself, but you can also hire a professional. This way, you can avoid costly repairs and maintain your warranty.

The average cost of cleaning and maintaining solar panels is about $150 a year. However, the price depends on the size of the system and your location. Cleaning a 2 kW solar system on a one-story house can cost around $400, and cleaning a three kW solar system on a two-story home can cost up to $1,000.

Some companies offer maintenance plans that include both cleaning and monitoring. They may also offer discounts if you sign a multi-year contract.