Benefits of Solar Energy
Solar energy offers several advantages that will enhance your home for years to come.
- Better energy independence: Photovoltaic systems with battery backups work through blackouts and emergencies, and you won't have to rely on the grid for your safety and comfort.
- Reduced carbon footprint: Solar is a highly abundant clean energy source, meaning you can reduce or eliminate your home's dependence on fossil fuels.
- Lowered energy bills: You can skip the added cost of grid-tied power by producing some electricity at home.
What Solar Incentives Are Available to St. Clair Shores Homeowners?
Governments and utilities often reward homeowners for going solar. Here are some of the rebates, tax credits or other programs you could qualify for.
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 St. Clair Shores
Choosing a company is the first step toward a well-oiled and cost-efficient solar system. Here are some crucial criteria to bear in mind while shopping for a solar company.
Licensing and Training
Michigan law has a de facto licensing requirement for solar photovoltaic installers. In other words, while solar contractors technically don't need a license by the letter of the law, workers dealing with electrical wiring jobs do need a license. Solar thermal systems must be installed by a licensed mechanical contractor. You should also visit a company's website to learn about its private accreditations. Two of the most prestigious are the PV Installation Professional and Solar Heating Installer 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 St. Clair Shores
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you want to charge an electric vehicle (EV) or use your solar power in cloudy weather, you can pay extra for add-ons. By selecting the right components, you can make your system more effective and user-friendly. Not every solar contractor includes these additional features, so look for a company that installs them if it's crucial for you.
Generally speaking, it costs about $20,300 for a five-kilowatt solar array in St. Clair Shores. This table shows more specific costs for different solar panel types and system components in your area.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in St. Clair Shores
Solar contractors use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, solar loans, cash payments and power purchase agreements (PPAs). Though it requires a large up-front payment, cash is the most economical choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the next best option. As with a car or home 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 involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) enables you to pay a monthly rate determined by the energy you use, akin to an electric bill. We typically don’t recommend these two choices because you won't own the panels and are disqualified from using solar incentives. Look for providers that offer several payment plans to find the right fit for your pocket.
The table below lists the average payback periods for different capacities of solar systems in St. Clair Shores.
You are eligible for a 26% federal tax credit for new solar energy devices until the year 2032. Municipal and state governments and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in St. Clair Shores
How much energy and money could I save per year by switching to solar?
How popular is solar energy in St. Clair Shores?
Should I expect a boost in my property value after adopting solar power?
Is solar panel installation a fast job?
How do I care for my new solar system?
What's the average solar system size in St. Clair Shores?
What are some "red flags" to watch for as I research companies?
- Pressuring you into signing a contract
- Dodging questions about references, cost, training and credentials and warranties
- Limited or no customization
- Superficial, rushed site evaluation
- No references or testimonials
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