If your roof is starting to show its age, or has damage, installing solar panels right now may be the wrong decision. Since you will have to pay someone to remove the panels before repairing or replacing your roof, it&#;s best for your roof to be in top shape before having the solar system installed.
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Most systems these days are grid-tied solar systems, meaning they don&#;t use batteries to store power and are instead tied directly to the electric grid. In this arrangement, you will be able to sell the electricity you&#;re not using back to the grid, or draw power from it on rainy, cloudy days. However, there are hybrid versions of this where batteries are maintained in case of power outages, depending on your location.
As mentioned above, there are several different kinds of solar panels on the market. It&#;s important to know what kind you&#;re getting before you agree to purchase solar panels because the choice you make today is one you will have to live with for the next 20 years.
Some solar dealers offer both financing and leases for solar systems, but it&#;s really important you know which you&#;re agreeing to. When financing, you&#;ll be paying the cost of your system down, and you get the federal tax credits, but you do neither of those things while leasing. In addition, some leases are extremely difficult to terminate, making them a liability should you need to sell your home.
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