Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Better energy independence: Solar systems with battery backups work through blackouts and emergencies, and you won't have to depend on the grid for your safety and comfort.
- Lowered energy bills: You can avoid the expensive cost of grid-tied power by generating some electricity right where you use it.
- Reduced carbon footprint: Solar is one of the universe's most abundant clean energy sources, meaning you can reduce or eliminate your home's dependence on non-renewable sources.
What Solar Incentives Are Available to Topeka Homeowners?
Kansas homeowners who decide on solar could qualify for tax credits, special financing, reimbursements and rebates. Here are just a few of the local incentive programs.
Incentive Type: Property Tax IncentiveWebsite: in.gov
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 CreditWebsite: ecowatch.com
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 Topeka
Choosing a company is the first step toward a well-oiled and cost-efficient solar system. Make your choice based on the following key factors.
Licensing and Training
In Kansas, the state government hasn't implemented centralized solar contracting licenses, though some counties issue and require their own licenses for projects within their borders. You should also visit a company's website to learn about its private credentials. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, granted 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.
Cost of Solar Panels in Topeka
Your solar panels' model will impact how much power you can generate. Monocrystalline panels cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.
If you want to charge an electric car or use your solar power in inclement weather, you can pay extra for accessories. By choosing the right components, you can make your system more efficient and convenient to use. Not all solar companies provide these additional features, so look for a company that installs them if it's crucial for you.
A majority of Topeka homeowners select solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $16,700 to install, considering both materials and labor. You can find more specific cost information in the table.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Topeka
Choosing the correct financing solution will impact your overall solar system cost and potential savings. Common payment options include power purchase agreements, cash payments, loans, and leases. Though it requires a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, much like 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 recommend working with a company that offers multiple financing options. Ask each agent about what's available, and acquire more than one estimate for the best odds of staying within your financial plan.
The table below lists the average payback periods for different capacities of solar systems in Topeka.
A 26% federal tax credit applies to recently-purchased solar equipment purchased through 2032. Extra incentives may be available through local governments, usually in the form of rebates and special financing programs.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Topeka
How much energy and money could I save per year by switching to solar?
How popular is solar energy in Topeka?
Will a solar PV system boost my Topeka home price?
How long will an average solar system last?
How long does the solar panel installation process take?
How do I care for my new solar system?
How are a solar lease and PPA different?
If you choose a lease, you'll make fixed payments each month.
With both leases and PPAs, you don't own your panels and lose eligibility for some incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.
How many estimates should I get before making a final solar company decision?
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