Rooftop Solar Panels For Home Energy Production

The economics of rooftop solar.

Rooftop solar panels for home energy production.

Home installation of a high quality solar power system can reduce or eliminate dependence on the community power grid that. For example in maine where sunlight is often at a minimum homeowners prefer higher rated panels that generate more electricity in comparison to panels typically selected for homes in sunny california. The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. Solar panel output is expressed in units of watts w and represents the panel s theoretical power production under ideal sunlight and temperature conditions.

Most solar panels last for 50 years have a 25 year warranty and start generating a return on investment after 8. Reductions in technology prices innovative financing and growing networks of solar installers and financial partners all helped drive down the prices for household systems in the united states by 45 percent from 2010 to 2014. Roof mounted solar panel systems absorb and convert the energy packed photons of natural sunlight into a usable energy form. Most home solar panels on the market today have power output ratings ranging from 250 to 400 watts with higher power ratings generally considered preferable to lower power ratings.

Rooftop solar is increasingly cost effective for home owners business owners and their communities. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house.