Solar Panels in USA.
Solar panels gained importance during the last few decades. It is considered an answer to all the environmental and economic issues. The zero carbon footprint and independence from the stranglehold of fossil fuel energy make it even more tempting. On the other hand, it requires a high upfront investment, limiting the people’s access, and can hamper the full potential of this form of green energy. Therefore, different countries have made dedicated efforts to promote and support solar energy usage. The United States has shown an exceptional commitment in this regard. The user is offered incentives, tax credits, and rebates to make transition tempting and easy.
The government and state-level efforts made the solar panel systems prevalent, accessible and affordable. Since 2014 the price of average solar photovoltaic (PV) panels has shown a 50% drop. Solar energy is fast becoming economically-competitive with the fossil conventional energy sources in some central states like Minnesota, Hawaii, and California. The rapid increase in solar energy demand is reflected with a sharp rise (160%) in solar jobs.
Solar panel success scope is more widespread because it can be installed on the rooftops and the ground, which further minimizes the land impact associated with its usage. The southwestern states can produce more than the current U.S annual electricity demand. The development in the solar energy sector is phenomenal, but more effort is needed to make solar panel systems affordable and economical. Only solar energy can actualize its full potential and meet the country’s energy needs. It is fair to say that solar panel prices have decreased dramatically in recent times. Still, the solar market is characterized by high barriers to energy which makes further development challenging. The soft cost, including the customer acquisition, financing, and permitting, makes a considerable (75%) part of the total solar panel cost. There is an urgent need for a more innovative solution, and technological advancements are needed to maximize efficiency, decrease the price, and boost the potential of solar-based power.
Top ten reasons to go solar in the U.S
There are many reasons why any homeowner can go solar, but reducing the cost and environment are the most vocal reasons. Most of the user know its renewable, free and increase the value of the property. In addition to that, it leaves a minimum carbon footprint. Here are some of the benefits of helping you decide in favor of solar energy, especially if you live in the U.S. Get free quotation today.
Solar Panels drastically reduces the electricity bills.
Whether you are a business, nonprofit organization, or homeowner, the electricity cost makes a considerable portion of your monthly expenses. The solar panel can help you reduce your electricity bill drastically. It can allow you to produce free electricity for 25 to 30 years. Even with the grid-tied system, the solar panel can help you save a lot of money over its life span.
You can earn a return on investment.
With a grid-tied solar panel system, you can enjoy a return on investment relatively quickly. It is a more preferred investment compared to bonds and stocks. With a solar panel system, approximately 20% return on investment is expected. It saves money spent on utility bills, and the average American solar buyers can pay off their solar panel system in seven to eight years.
Protection against the increasing energy cost
The solar panel system can hedge utility prices. It is one of the most radiant solar panel system benefits. In the past few decades, electricity prices have increased incredibly. On average 3% annual increase in the solar panel system is witnessed. The solar panel can shield the user from the unexpected rise in electricity prices and costs. If you are faced with fluctuating cash flow, switching to solar can facilitate you better manage and forecast your expenses.
Boost your property value
The solar panel increases your property values. Different studies have shown that solar panel adds to your property value. Not only that, it sells more quickly. As the users are becoming more educated and aware of the solar panel system’s benefits, appraisers are also increasingly considering P.V.P.V. installations. The demands of the property with solar panel systems are expected to grow in the future as well.
The U.S aims for energy independence
The country aims for energy independence by increasing the capacity to generate and harness solar energy. It is vital to boost the economy and shield it from price fluctuations in global energy markets. Therefore, to make solar energy attractive, many incentives, rebates, and tax credit facilities are offered to the buyers. It can create many job opportunities in the local market, which another critical way the solar sector can give back to the community.
Top 5 American solar panels manufacturers in 2021
After you have made up your mind and decided to go solar, the next step is how to go about it. To secure the best deal which can complement your energy needs and demands, it is always suggested to shop around for quotes. Market analysis and research can be time-consuming and demanding, but it worth the effort. Additionally, educate yourself about solar energy, sector, and panels.
Most solar panel systems are produced and manufactured locally. In the last few months, different Chinese companies started manufacturing solar panels and operating in America. Some of the leading US solar panel producers include the following:
LG Electronics’ solar panels
LG Electronics’ solar panels are a South Korean company. It was announced in June 2018 that LG Electronics’ solar panels would install two new solar panel manufacturing lines at its Huntsville, AL, facilities. In February 2019, the facility was producing 500 megawatts of solar panels annually. Get free quote now .
Hanwha Q Cells
Hanwha Q Cells is a South Korean company that announced in May 2018 that it would build the biggest silicon PV manufacturing facility in the US. The plant had the potential to produce 1.6 gig watts of solar panels annually. Get free quote now.
Sun Power Solar Panels
Sun Power is a US-based solar panel manufacturer, making some of the world’s most efficient solar panels (rooftop). The X-Series panels and A-Series together exceed 22% efficiency at converting solar electricity. However, most of the high-efficiency panels employ Maxeon cell technology, which is made at facilities in the Philippines and Malaysia and assembled in France and Mexico. In the US, Sun Power is building P19 Series solar panels at its Oregon facility. These panels are known for their high efficiency. Get free quote now.
Panasonic is a Japanese company, which produces in partnership with Tesla. It is one of the highest largest capacities for manufacturing solar panels in the US. They are also producing building high-quality monocrystalline solar cells and panels. Additionally, they are also producing Powerwall 2. The company has shown commendable commitment to boost employment in the US renewable sector. Get free quote now.
Jinko Solar Panels
Jinko Solar is a Chinese manufacturing company that announced a manufacturing plant in the US in January 2018. It partnered with a US-based energy company, forming NextEra Energy. It aimed to produce 400 megawatts of panels annually at the facility. Get free quote now.
Things to consider before buying a Solar Panels
Installing a solar panels is tempting, but it requires a huge initial investment. Therefore, the decision should be based on market research and analysis. A hasty decision can cost your time, effort, and money. Moreover, you can never actualize your goals and target related to the shift. Here are some tips which can help you make the right decision if you are opting for solar panel in the US renewable energy market. Get free quote now.
Check if you have a suitable roof ready for installation
One of the best parts of solar panels is their sustainability. Most panels have guaranteed life between 20 and 25 years. This means that if your roof is in bad shape or needs to be renovated, and then do that before installing solar panels. Removing and reinstalling panels for rooftop work can be very difficult and expensive.
How long you plan to stay at this specific residence:
Solar power is a long-term investment that has long-term benefits as well. So if you plan on leaving your current home or workplace in the near future, consider installing the PV system in your new property, home, or workplace.
Whether your home is suitable for installation:
So, how to know if your house is suitable for solar? We have two key indicators to look for:
Fewer huge trees around the house:
More trees around the house mean more shade, which can cause obstacles for panels to harness solar energy. If your house is next to a dense forest or skyscraper you may have to consider switching houses before switching to solar.
- In the northern hemisphere, the sun is southern to the sky. Therefore, for maximum sun exposure, solar panels are suggested to be placed on a south-facing roof.
- Similarly, in the southern hemisphere, solar panels should be installed on a roof facing north.
- Mostly the homeowner uses electricity in the evening. In that case, the west-facing solar array is more useful
Which kind of solar makes should you buy?
The two dominant photovoltaic technologies are:
- Photovoltaic uses an array of cells to harness electricity from sunlight
- Thermal uses solar energy to heat water or air for domestic use.
Should you lease or buy?
Before making the decision always do a cost-benefit analysis. It is critical to make the right decision. Always choose a panel or program which can full fill your future needs efficiently. Buying a system can cost you more initially, but it can save you a lot of money in the long run.
The systems normally have a long life and can continue serving you well even after the cost of purchase is recovered. On the other hand, when you lease a solar panel system, it can give you access to low-cost electricity, boosting your savings. After the lease expires the company may take the system away. Therefore, always compare the lifecycle cost of options and choose wisely. Get free quote now.
How to counter the sudden surprises of nature?
Nobody can anticipate natural disasters like thunderstorms, cyclones, rain, etc. In such circumstances, there is a high risk that certain solar equipment may be damaged during these events. In many cases, such accidents are covered by insurance, but still, it is vital to consider such events as the weather is one of the primary concerns in the US. Get free quote now.
Selecting the right contractor:
A solar energy system is both an upgrade of the house and an electric project. Always check the contractor’s reputation and goodwill. Also, how to explore how reliable, dependable and flexible they are to work. Find a contractor who can help you on a long-term basis. Although minimal maintenance is needed, if anything goes bad, you would like your contractor to be readily available for repair if your solar panel system is under warranty.
Warranties do count
Guarantees are a major feature to contemplate; as they facilitate you to safeguard your solar panels and other equipment. If something happens to your solar panel system, a guarantee can help you hold the manufacturer responsible for no extra charge to you. There are also a few incentive programs (available in various states) that require you to have a guarantee for your solar equipment. If you don’t have a warranty, repairing minor defects will be a real pain in the neck!
Keep maintenance a priority
The ultimate target is to keep the solar panels working and efficiently throughout its life span. Always ask the contractors about the mansions procedure. At the same time, keeping the roof in good condition is essential.
Solar energy is tempting and rewarding, particularly in a country like the US where the renewable energy sector enjoys government preference. The users are encouraged to go solar and are offered incentives, rebates, and tax credits. At some time, it is suggested to make a well-analyzed and wise decision based on market research and analysis. Purchase the solar panel system keeping the future in mind. Get free quote now.