What You Should Consider When Going Solar

Going solar is a popular way to reduce energy costs and create a more sustainable home or business. However, there are several soft costs associated with going solar that need to be taken into consideration before taking the leap. Let’s take a look at some of the factors you should consider when investing in solar energy. 

Solar Financing Options 

The first thing to consider is how you plan to pay for your solar installation. Your financing options vary from cash purchases and home equity loans to third-party financing from companies such as SolarCity or Sungevity. Cash purchases are usually the most cost-effective option for those who can afford it upfront, but if you need long-term financing, then you will want to explore other options. Additionally, many states offer incentives such as tax credits or rebates that can help offset some of the upfront installation costs. 

Solar Equipment Maintenance 

Another factor to consider is ongoing maintenance and repairs of your solar equipment. Unlike regular electric systems, solar energy requires occasional cleaning and maintenance in order to keep them running optimally. Depending on the company you buy your equipment from and the type of system installed, there may be additional fees associated with repair or maintenance services in case something goes wrong with your system down the line. You should make sure that these services are included in any purchase contract so that you know what sort of expenses you may incur if something needs servicing after installation. 

Installation Costs 

The last factor to consider when going solar is the cost of installation. Most people assume that installation fees are included in the cost of purchasing their equipment; however, this is only sometimes the case, depending on where you purchase your equipment from and who does the actual installation work. Make sure that all installation fees are clearly stated in any contracts so there’s no confusion about what’s covered by whom prior to signing anything binding.  

Investing in solar energy can be very beneficial for both homeowners and business owners alike; however, there are several soft costs associated with going solar that need to be considered before any final decisions are made about purchasing equipment or signing contracts for installation services. From financing options and ongoing maintenance fees to installation costs – make sure that all factors have been considered before committing money to a new renewable energy source for your home or business!