The Factors That Influence Solar Panel Installation Cost

Installing solar panels on your property comes with many benefits, such as reduced electricity costs, greater independence from utility companies, and better control over your electric consumption. With My Synergy Home Solar, you’re sure to get top-quality solar panels for your home needs.

Below are the main factors that influence the cost of a solar panel installation in Lexington, KY.

Structural Considerations

There are cases where homes need some form of structural modification to accommodate solar panels. Failure to make the necessary adjustments can result in having to redo the installation of the solar panel system for home setups.

Location

The installation location is a big factor in determining the cost of your home solar system. The surroundings, like hills, trees, and buildings, can impact the overall efficiency of your panels. Additionally, different states have different Residential solar installation costs associated with acquiring permits and hiring installers.

Roof Age

An unstable roof structure can cause complications with the setup of your solar panel system. That’s why it only makes sense to repair–or even replace–compromised roofing systems before you even consider installing a solar roof system.

Roof Angle

For you to get the most out of your solar panel replacement, you’ll need to have it angled at the most optimum position possible. As a result, contractors may need to put up scaffolding to properly install panels. More labor will naturally result in steeper costs.

Licensing

Licensing costs for a solar system installation may vary depending on your area. Should you be situated in a locale with higher licensing rates, the contractor will need to adjust the overall charge for installation services.

Tax Incentives

Oftentimes, the initial solar panels installation cost can be recovered with tax incentives. Many cities offer such incentives. And even if the tax incentives aren’t enough to offset the initial expense of installing solar panels, keep in mind that the savings you will gain can more than make up the difference.

There are plenty of factors that can affect solar panel and solar inverter installation procedures, whether doing it yourself or hiring professionals. It requires careful planning and precision execution. From the smallest home to commercial projects, the money you save with your solar system makes the project worthwhile.

My Synergy Home Solar is the solar installation company that you can depend on to help you get started with your very own solar power system. Contact us today to schedule an appointment!