You can calculate your potential electric bill savings by multiplying your monthly electricity usage by your area's average electricity price. This will estimate how much you could save each month by installing a solar panel system. You can then compare this number to the cost of installing a solar panel system to see if solar panels are a good investment for you.
The Cost of Solar Panels
The cost of solar panels has dropped significantly in recent years, making them more affordable than ever. The cost of a solar panel system will depend on the size of the system, the type of panels, and the installer. ARP Services offers some of the most competitive pricing, top service, and quality solar panels. Solar panel systems typically have a payback period of 5 to 10 years. This means the solar panel system will pay for itself in 5 to 10 years through savings on your electric bill. Solar panels are a great way to save money on your electric bill and are also good for the environment. If you are considering installing solar panels, contact us at (915) 251-2524.
Solar Panel Incentives
In addition to the savings on your electric bill, some solar panel incentives can help offset the cost of a solar panel system. These incentives include federal and state tax credits and utility companies' rebates. The federal solar tax credit allows you to deduct 30% of the cost of your solar panel system from your federal taxes. Utility companies also offer rebates for solar panel systems, ranging from $0.20 to $0.50 per watt of solar power generated. Solar panel systems can also qualify for a property tax exemption in some states. This exemption allows you to avoid paying property taxes on the increased value of your home due to the addition of the solar panel system. This exemption can save you hundreds of dollars each year.
Solar Panel Maintenance
Solar panels require very little maintenance. Most solar panel manufacturers offer a 25-year warranty on their panels. Solar panel systems should be inspected annually to ensure they are clean and debris-free. Solar panels can be cleaned with a soft brush and mild soap and water solution. more information on solar panel maintenance can be found in the owner’s manual for your particular system or by contacting ARP Services after installation. It is important to keep solar panels free of debris and dirt to maintain efficiency. Solar panels should be inspected regularly to ensure they are in good working condition. If you have questions about solar panel maintenance, please consult with one of our professionals.
