Posted on: September 8, 2022

Given the adjustments that were made to the tax code throughout the years, it is definitely reasonable to ask yourself whether solar panels are worth your trouble or not. After all, you have to consider many factors that are directly connected to your finances, especially in these times. However, you should also consider looking into the advantages that solar panels provide to homeowners living in Plano, Dallas, or anywhere else in the country.

That being in mind, take a look at these commonly asked questions about solar panels and their answers to help you decide on whether you should get them for your residence.

GENERALLY, WHAT IS THE LIFESPAN OF SOLAR PANELS IN THIS DAY AND AGE?

With the continuous development and advancement of solar panel technology, companies such as Capture Solar can provide you with specialized systems that are designed to last up to 35 years. And through proper cleaning and regular maintenance, their lifespan may even go further than that. What this means is that you’ll basically enjoy more than 3 decades of free electricity for your home, may it be in Plano, Dallas, or anywhere in the US, which is also the approximate amount of time that it will take for you to get your investment back.

However, please take note that the system’s inverter does not last for the same amount of time, and will only stay functional anywhere between 12 to 20 years.

WHAT INCENTIVES WOULD PROVE TO BE BENEFICIAL WHEN PURCHASING SOLAR PANELS?

Currently, the federal renewable energy rewards and tax credits are relatively high — with around 30% being deducted from your taxes — and have decreased in December 2019. What this means is that it would be best to take advantage of these tax credits while they are still in effect to maximize your solar panel investment.

Additionally, there are various solar incentives that exist depending on the locale, city, or state that you’re living in. As such, it’s highly recommended that you look into these area-based incentives since solar energy providers in your locale may have plans to incentivize the utilization of solar energy. It definitely wouldn’t hurt to check it out.

DO I HAVE TO PAY THE FULL AMOUNT UPFRONT? ARE THERE ANY FINANCING OPTIONS?

Nowadays, there are numerous options for financing the switch to solar energy; some of which may even apply to you and your current situation. By financing the solar panel system that you want for your home in Plano, Dallas, or other places in the country, making the most out of tax credits, and using the money that you’ve saved up from your previous energy costs, you will be able to pay for a cost-effective system that will certainly provide you with free electricity for decades to come.

IS THERE A NEED TO RESIDE IN A SUNNY AREA FOR ME TO USE SOLAR PANELS?

Contrary to what others may think, the answer is usually “no”. Regardless if you live in a place that’s always sunny or often cloudy, you can still experience the fantastic advantages and energy cost savings from getting a solar panel installed in your home — may it be in Plano, Dallas, or anywhere else in the country — provided that your property offers an open space that’s capable of absorbing as much sunlight as possible.

With that said, there are some residences that have trees or other tall structures that may obstruct sunlight at given times in a day, or even roofs that cannot provide the best angle for sunlight absorption. However, there are ways that will enable companies such as Capture Solar to counteract these issues. These include the utilization of your garage roof and the installation of ground-mounted solar panels.

WILL MY PROPERTY’S VALUE INCREASE BY INSTALLING SOLAR PANELS?

Countless residences in cities such as Plano and Dallas, as well as other areas across the country, are starting to see the benefits that a solar panel installation provides in terms of adding more worth to their properties. In turn, this would definitely help them to sell their homes moving forward at a favorable price. While its value is dependent on the age and condition of your solar panel systems, you’ll still see an increase (which can go up to $15,000) when selling a home that features an installed system.

GET A SOLAR PANEL INSTALLATION FOR YOUR HOME TODAY WITH CAPTURE SOLAR

As shown in the answers provided above, we can definitely say that having a solar panel installation for your home in Plano, Dallas, or anywhere else in the country is not only worth the trouble, but would also provide you with advantages that will prove to be beneficial for you and your property in the long run. All in all, it’s still up to you and this would only serve as a guide that will help you make the most suitable decision for your situation.

And if you decide to switch to a solar panel system for your residence, remember that we at Capture Solar are here and always ready to provide you with the quality assistance and service that you’re looking for. Get in touch with us today to learn more about what we can do for you and your property.