Technology

Are Solar Panels Going To Upgrade My Home?

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Technology

Are Solar Panels Going To Upgrade My Home?

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When you go to any good architect, they will probably ask what kind of home you want. For example, some people may be keen to have a functional space that is also sustainable.

Afterall, that is going to harvest the most money if you choose to sell up. In this case, you should look at an architect who can really look deeper into your needs, such as Scenario Architects

Solar panels generate electricity - you can put panels on the roof (even in the yard) and enjoy an investment that yields a nice return - this way you will save on the electricity bill (and also earn if you "sell" electricity to others).

The investment is usually tens of thousands of shekels and you return the investment within 7 to 9 years (return of 13% -15% per year). Until now we knew that investing in solar panels for power consumption was a big investment.

But according to industry experts, today the viability of installing such a system is high. The panels can be installed on flat or tiled roofs, when they should face south and be free of obstacles that cast shade.

The whole process from start to finish takes between 6-8 weeks, with the actual installation taking about two days. The rest of the time is intended to meet the requirements of the electricity company that accompanies each installation, and sets conditions accordingly.

Once they are in good working order, it can save money but many people think that it is not for them. However, it can work for all properties. 

Target Audience

The main target audience is private property owners. But even tenants of condominiums can decide together on installing solar panels on the roof of the condominium, so not only is electricity saved but also the value of the property increases.

If you own a home, then placing your panels on the roof will be the best place to start. This is how you can also get the most sunshine and daylight. 

Loans for installing solar panels

According to representatives of the Green organization, a regular loan is repaid within 5 years, and here the repayment comes within 7 or 8 years. We are seeing more and more adjustments in the financial world, which has learned how to deal with the field.

Those who take out a loan to install a solar system actually save electricity from the first day of installation, but share the future economic benefit with the lender, and even take a certain risk, in case the system ceases to function. 

How much can be generated?

For the calculation we will take a roof the size of 100 square meters, according to the Money Saving Expert, every 10 square meters of panel can produce about a kilowatt hour.

A 100-square-meter system that produces 10 kilowatts will provide between 16,500 and 17,500 kilowatt hours per year. If you multiply the average, for example 17,000 kWh at a cost of electricity that is 20p or 55 cents per kWh. 

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Are Solar Panels Going To Upgrade My Home?

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