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Different roofing contractors are saying, with more and more people becoming aware of climate change and the environment, they’re looking at ways to make the way they live more green. And one way they do that is by installing solar panels onto their homes to generate electricity.

Solar panels on your home can provide many benefits, including:

  • A reduction or complete elimination of electric bills
  • Providing for a cleaner environment
  • Earning tax credits
  • Increasing your home’s value

With these and other benefits to solar panels, you might be asking yourself if you should consider installing them in your home. But before you do, here are a few things to consider before you take the plunge.

How High Is Your Electric Bill?

One of the first things to consider before you opt for installation of solar panels is how much you’re currently paying for electricity. The price you pay every month will determine how much money you’ll save by installing solar panels. Electricity rates vary all over the country, so if you’re in an area that’s paying one of the higher rates, and you use a lot of electricity, you’ll most likely benefit from solar panels.

Are There Any Incentives?

Installing solar panels can be expensive; it’s not uncommon to get tax credits or rebates or other incentives from the local, state, and the federal government. Before you decide, see what incentives are available and keep in mind that solar gets less expensive year after year, so waiting may be an option too.

How Old Is Your Roof?

Depending on the kind of roof on your home, it may need replacing, and that’s something to consider before you add solar panels. If it’s due to be replaced in, say, the next five years, you may want to hold off until you’ve done that.

How Much Sunlight Do You Get?

This is an important factor because if your house doesn’t get a lot of sunlight, then you’re not going to benefit from installing solar panels. Most experts say that ideally, your roof should face south to get the most significant benefits of solar panels. However, it’s always a good idea to call in a solar panel specialist to evaluate your situation and recommend what’s best for your particular situation.

Consider the Negatives

While people talk about solar panels in mostly favorable terms, there are some negatives to consider when deciding whether or not to install them.

As mentioned above, the cost — while getting cheaper — is still pretty expensive for a lot of people.

Also, while you can collect energy during overcast and rainy days, remember that three or four cloudy days in a row is going to have a negative impact on your home’s energy supply.

Lastly, if your family uses a lot of electricity, you’re going to need a lot of solar panels to meet the demand, and that means they’re going to take up a lot of space and for some, their roofs simply aren’t big enough to keep up.