2013 to be a Hot Year for Solar Panel Installations on Houses

Home Solar Panel InstallationThe solar market in the U.S. has had nothing short of explosive growth in the last few years in many states. This burgeoning popularity of solar is due to many factors, such as government incentives, the greatly reduced cost of solar panels, and efforts to reduce the costs associated with sales, marketing, and permitting. The forecast for 2013 is that the U.S. solar market will install 4.4 GW (gigawatts), a 33% increase from 2012, which was a very big year for solar. Driving this forecast is an expected surge in residential installations, but is solar right for your home?

In the first quarter of 2013, the U.S. added 723 MW (megawatts), which is 33% greater than the previous year. While this is impressive, consider that in 2012, solar generation hurtled by 76%. Where the pace of installation has jumped is in the residential market, which grew 53% in the first quarter of 2013, compared to Q1 2012.

Cost is a huge factor in the projected continued growth of solar installations among homeowners. Since Q1 2012, the national average cost for a residential solar system dropped 15.8% to reach the current cost of just $3.90 per watt.

Another reason home installations are set to outpace commercial solar panel installations is that state incentives for the commercial market segment are on the decline.

But the question you may be asking is: Are solar photovoltaic (PV) panels right for my home? Here is some information which can help you determine whether you want to take advantage of federal, state, and possibly local incentives to install solar panels on your home:

  • South facing roofs provide the best solar resource, east and west facing roofs can also work as long as they are not shaded, northern facing roofs should be evaluated by an expert to determine their feasibility. There is an excellent chance that installing solar makes sense for you and will produce enough energy to ensure a return on your investment. This is true even if you live in an area where it’s frequently cloudy.
  • The amount of roof space needed to install a residential Solar Panel Installationsolar system is between 300 and 600 square feet.
  • No matter what type of rooftop surface you have, solar panels can be installed, though installation is more difficult to accomplish on some materials as compared to others.
  • Installing solar panels on your home can significantly cut your monthly electricity bills.
  • The number of solar panels (the Pros call them modules) you’ll need for your home depends on several factors: How much unobstructed roof space do you have available? What’s the pitch, direction, and angle of your roof? How much of your monthly electric bill do you want to replace? The average number of modules ranges between 10 and 20 panels.
  • When the roof doesn’t provide optimal circumstances for solar, homeowners often opt to install a ground-mounted solar system.
  • Solar panels don’t stop producing power in the daytime, even in bad weather. An exception might be if too much snow accumulates on your panels. Normally, however, snow easily slides off of panels.
  • Solar panels are extremely durable and require very low maintenance. They usually carry a 20-year warranty.

With solar panel prices at an all-time low and incentives in place for homeowners, there has perhaps never been a better time than 2013 for families to go solar.  Contact one of our NASS stores for any questions you may have.

Share Button