Planning a Home Solar Electric System

Planning a Home Solar Electric System
When you think about it, solar
energy is one of the most sensible
and environmentally-friendly forms
of energy out there. Not only that,
but installing a home solar electric
system is a relatively easy task. In
this article, we are going to walk you
through the process of planning and
installing your own solar electric
system. From figuring out your
needs to estimating the cost, we will
cover everything you need to know
to get started. So what are you
waiting for? Get started planning
your home solar electric system
today!

How to choose a solar panel system
When planning a home solar electric system, there are a few things to consider. The first is the size of your
array. Solar panels vary in size from around 2 square feet up to 30 or more. Make sure you have an
accurate estimate of how much solar power your home needs and choose the right system size. Systems
rated at 10 kilowatts (kW) or less are common and can supply enough electricity to light a small room or
two, such as an office or bonus room. Systems rated at 20 kW or more may be able to power an entire
house.
The next consideration is your location: Sun angles in different parts of the country affect the amount of
electricity generated by a solar panel system. Southern states get the most sunlight and produce far more
electricity than northern states, so it’s important to select a system that can cover your entire property.
System sizing also changes with latitude; in the north, for example, you might need larger panels to
generate as much power as you would in the south.
Once you have determined your array size and location, another important decision is whether you want to
purchase or lease your solar system. Leasing allows you to pay for energy over time rather than buying it all
at once, which can reduce upfront costs. However, leasing typically has higher interest rates than buying
does, so it’s important to compare both options carefully before making a decision.

What type of financing is best for a home solar
electric system?
1. Home equity lines of credit (HELOCs): HELOCs are a great way to get started with solar
because they can help pay for part or all of the cost of your system upfront. Interest rates on HELOCs
vary, but in general they are lower than those available for traditional loans. You can also use
HELOCs to cover other costs associated with installing a solar system, such as permits and
insurance.
2. Solar loan products: There are several loan products available specifically for solar homeowners.
These products typically have lower interest rates and longer terms than traditional loans, which
means that you can repay them over time without having to worry about high-interest payments. The
advantage of these products is that they allow you to finance just a part of the cost of your solar
system –often less than half – which means that you can still save money quickly if you’re able to get
approved for a loan.
3. Tax credits: A number of federal and state tax credits benefit solar homeowners in various ways,
including reducing their tax liability or providing financial assistance with installation costs or repairs
afterwards. It’s important to talk to an accountant or tax specialist about your particular situation in
order to maximise any benefits

How to install your solar electric system
There are a few things you need to do before
setting up your solar electric system. The first
is to get an estimate of the system’s size and
voltage needs from your local distributor. Next,
you will need to choose your solar panels.
There are many options available, but the
most important thing to consider is the panel’s
efficiency rating. All of our solar installations
come with a free inspection by a licensed
contractor. Finally, you will need to connect
your panels and inverter to the electrical grid.
Once everything is installed, our team can
help you optimize your installation for
maximum efficiency and savings!

How to calculate your home's solar potential
Knowing your home's solar potential is the first step in planning a solar electric system. There are a
few different ways to calculate your solar potential, but the most common way is to use a home
energy audit. An energy audit will identify your home's current energy and how much energy you could
save by installing solar panels.
Once you know your home's solar potential, you can begin calculating your solar installation costs.
The cost of a solar installation will depend on the size of your system, the type of panel you choose,
and where you live. You can also find helpful tips on installing a Home solar system on Demo king.