Benefits of Solar Energy
Solar energy provides multiple benefits. Let's look at a few of them.
- Reduced energy costs: Producing some or all of your own electricity will save you money on your electric bills long-term.
- Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
- Better energy independence: Photovoltaic systems with battery storage work through power outages and emergencies, and you won't have to rely on the power grid for your safety and well-being.
What Solar Incentives Are Available to Lawrence Homeowners?
Governments and utilities often reward homeowners for switching to solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type: Property Tax Incentive
Website: in.govIncentive Amount:
Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor
Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Lawrence
The more thorough your provider search is, the better your photovoltaic system will ultimately perform. Make your choice based on the following crucial aspects.
Your solar panels' model will influence how much electricity you can generate. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
If you want to charge an electric vehicle (EV) or use your solar power in dark weather, you'll usually pay extra for add-ons. These upgrades extend your system’s efficiency while adding more conveniences to your home. Not all solar contractors include these extras, so look for a company that has them if it's essential for you.
Licensing and Training
In Kansas, the state government doesn't hasn't implemented centralized solar contracting licenses, though some cities issue and require their own licenses for projects within their borders. You should also visit a company's website to learn about its private accreditations. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Financing Options
Solar providers offer multiple different financing options to lower your costs and increase your savings. A few of the most common options include power purchase agreements (PPAs), loans, leases, and cash payments. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a auto or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases let you use your panels for a set monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We suggest working with a provider that offers multiple financing options. Speak with each representative about what's available, and obtain more than one estimate for the best odds of staying within your budget.
Ready to Get a Quote on Your Solar Project?
Please enter a valid 5-digit zip code!
Frequently Asked Questions About Solar in Lawrence
How much money could I save by going solar in Lawrence?
Is solar energy common in Lawrence?
Will solar energy systems boost my Lawrence home worth?
How can I evaluate my property's solar feasibility?
How do I care for my new solar system?
What size should my new Lawrence solar system be?
How can I boost my solar system's performance?
- use energy-efficient appliances ,
- regularly clean your solar panels ,
- optimize the panels' position with your solar installer ,
- upgrade to a more efficient inverter trim or cut down trees in the way of your panels
Should I get quotes from multiple Lawrence solar companies?
To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.