A lot of homeowners are currently switching to solar panels in Farmington, especially because of the $0 down options. Paying bills for electricity use in the house is becoming a problem for most people. As the bills skyrocket, the impact on the environment by electricity companies gets worse by the day. Interestingly enough, as the cost of staying on the grid keeps rising, the cost of installing Farmington solar panels keeps going down, making them more affordable for the average user. In case your solar system produces more energy than you need, the electricity company you are partnered with will pay you for the excess energy, usually as credit.
The average house consumes around 1kW per hour. With around 730 hours in each month and an average rate of $0.10 per kWh, on average, you may be spending around $73 on electricity if you have been consuming electricity for each of the 730 hours. These are costs that can reduce significantly when you are using Farmington solar energy. Given that most people only use electricity while they are in the house, Farmington solar systems would come in handy and store as much energy as possible when you are away during the day.
Installing a solar panel in Farmington should cost between $7 and $9 per watt. For a 5kWh solar in Farmington system, you should be ready to spend between $25,000 and $35,000. However, there are a lot of companies that are currently offering incentives to subsidize the cost of purchase and installation. Some even offer up to 50% off the cost of purchase. The good thing is that the costs keep getting more and more affordable with time.
For reference it may be helpful to compare the costs from surrounding towns as well:
One of the good things about solar power in Farmington is the fact that you can utilize it fully for a lot of systems you have at home. Given that hot water systems make use of solar energy to heat water, you can have 60%-70% of the water for domestic use available for solar heating at temperatures as high as 60° C. Another benefit lies in the installation of solar chimneys. These will be useful as passive ventilation systems. The shafts are connected to the exterior and interior of your home. For better performance, you can consider thermal mass materials and glazing.
One of the biggest challenges that people have had in the past when it comes to the installation of residential solar panels in Farmington is the solar panels’ cost of installation. Indeed, installation might not be quite affordable for a lot of people at first. However, when you look at the benefits over the long term, it is a worthy investment. In the recent years, the cost of installation of home solar panels in Farmington has significantly reduced, while at the same time, the efficiency of these systems has improved.
When you make the switch to Farmington solar power, your spending on repairs and maintenance to power your house will reduce significantly compared to what you are currently spending to stay connected to the national grid. This is a virtually maintenance-free service. The batteries do not need regular service and will serve you for years without any problems. As soon as the solar panel installation in Farmington is done, you will not have any recurring costs. You will also benefit from a reduction in your electricity bills, tax incentives, and rebate programs designed to encourage people to move towards clean renewable energy.