5 Factors Affecting Solar Panel Installation Cost

Solar energy is one of the most easily accessible sources of renewable energy. More and more homeowners realize that harnessing the Sun’s limitless energy has numerous advantages, including massive savings on energy costs and environmental sustainability, among others. Let’s look at these benefits in a bit more detail.  

Cost Saving

The primary advantage of installing solar panels in your home is saving money on your electricity bills. In addition, installing solar panels on the roof of a building can help building owners save money. Rooftop solar panels provide electricity to the building, allowing them to purchase less or none from the utility grid.  

Exceptional Return on Investment

The cost of electricity fluctuates over time. As a result, estimating electricity costs for a specific time is difficult. However, the cost can be easily calculated when it comes to solar panels. Installing solar panels is not only a safe investment, but it can also provide an attractive long-term payback. 

Lowers the Carbon Footprint

Solar panels use the Sun’s energy to generate electricity. As a result, they pose no pollution risks to the environment. Solar panels, unlike generators, make no noise and emit no harmful gases while in operation. Above all, solar energy is an excellent energy source for combating climate change. You can reduce your carbon footprint by using energy generated by solar panels instead of energy from the utility grid. 

Maintenance is Minimal

Another significant factor that contributes to the importance of solar panels is that they require little maintenance. If properly maintained, they can last for more than 20 years.  

Suitable for Indian Climate

Every year, India experiences approximately 300 sunny days with clear skies. As a result, rooftop solar panels in India may be ideal. 

The growing popularity of solar energy has sparked questions about solar panel installation costs. Many factors influence the size of your solar installation. Here are a few examples: 

Luminous Solar Panel

1. Roof Type and Roof Angle

When installing solar panels, it is critical to position the panels in a way that they receive the highest exposure to sunlight. The type of roof you have will also play a role because different materials necessitate different techniques of attaching the panels to the roof. 

2. The Roof’s Age

If your roof is old and needs replacement, replacing it before installing solar panels makes sense. This is because, when the time comes to repair the roof, the solar panel installer might have to return to remove the panels so that the roof can be changed and then reinstalled. Rather than incurring this cost and inconvenience, it is simpler to just remodel the roof while the panels are being installed. The need to replace the roof before installation raises the overall solar panel installation cost. 

3. Problems with Structure

This is closely related to the age of the roof and also applies to the cost of solar panel installation. If your home is old and needs structural repairs, you may have to deal with these first before installing a new roof.  

A south-facing roof with no trees or other objects blocking sunlight maximizes the available solar energy for rooftop panels. If this is not possible, panels can be positioned on peripheral supports and installed outside the house. 

4. Additional Components

Another factor that can play a role in solar panel installation cost is the components you opt for. However, these components might be necessary to derive the maximum value out of your solar panels. 

5. Incentives

Many municipalities and governments provide financial incentives for solar energy installations. In most cases, these incentives contribute to lower overall solar panel installation costs.  

It is important to remember that even if the solar panel installation cost exceeds what a homeowner had planned to spend, the savings in energy bills almost always more than offset the initial cost of installation. You can also use a solar panel cost calculator in India to get a clearer idea of how much you will be spending on your solar panel systems.  

However, one thing that you need to keep in mind is to opt for a reliable solar installation company. We at Luminous have a team of experts who can help you plan your solar installation in the most effective way. Moreover, our range of solar components is built with the most advanced technology to make sure you get the best products that work efficiently and last longer. Explore our e-shop to learn more about our products.  


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *