The period it takes to recover the cost of solar panels, also known as the payback period, is usually determined by a number of factors including how much electricity your system produces, electricity prices in your area, and how much sunlight your location receives. On average, it can take about 6 to 9 years to reach what's known as "solar break-even point" or where your savings from solar energy surpass your initial investment. Solar panels have a lifespan of approximately 25-30 years, meaning you'll enjoy free electricity for at least another 15-20 years after breaking even, making them worthwhile long-term investments.
Solar panels can be a significant investment but the long-term benefits in terms of energy savings make them worth considering. Financing options such as loans allow you to spread out the investment over several years. If you decide to take out a loan for solar panels, remember affordable monthly payments are crucial. Be wary of and avoid high interest rates and unfavorable terms.
Solar panels require little maintenance, but our team provides regular checkups to ensure your system is running at maximum efficiency. We also offer repairs if needed andthey can last up to 30 years or more. However, the occasional cleaning might be necessary and in case any damage occurs like cracking or water ingress for example, there could be some repair costs. In general, the annual maintenance costs can range between $150 and $300.
In the event of a power outage, our battery backup systems will keep your home or business running. Never be left in the dark again.
We offer flexible financing options to make solar energy more accessible to everyone. Contact us to learn about our financing plans.
Have questions about solar panels? Check out our frequently asked questions page for answers to common questions about solar installations.
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