Solar energy is becoming more popular for homeowners. and we are starting to see panels on many roofs in our Central Florida Neighborhoods. Installing solar panels on your home is a great way to produce clean energy and will reduce your monthly electric bill, but before you invest you need to do your research. First determine how long you plan to remain in your home to see if you will benefit from reduced energy costs vs the expense of installing Solar Panels. If you are only adding solar to reduce your cooling/heating expenses be sure you are not trading off your energy expense for a Solar Panel Expense. If you are looking to reduce your footprint at any cost then Solar Panels are a really good choice.
Before signing a contract, consider the age of your roof. You would not want to install new Solar Panels on an Older Roof. Additionally, the weight of the solar panels must be considered as your roof may need to be engineered to support the panel weight. Check the Solar Companies References and business practices to be sure you choose the right company for you. Finally, before signing the contract, do your due diligence and Review the Panel Manufacturer’s Warranty, as Solar Panels are expensive to replace.
We are all for Green Energy, but as a realtor, we have seen too many Solar Contracts signed with long term payouts. What happens if you want to sell your home, but you still have a Solar Panel Payment in place? The Seller needs to pay off the panels in advance of the home sale, or the buyer needs to add the cost of the Solar Panel Contract to the sale price of the home.
Hopefully, in the future we will see the Federal Government Jump on Board and help to reduce the initial expense of Solar Panel Installation making Green Energy not only good for the environment but good for our pocketbooks too.
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