Will Solar Panels Save You Money on Electricity? A Look at the Factors That Go into Choosing the Right Solar Power System in Logan
One of the most parroted advantages of solar power systems is that they can ‘save you money on electricity.’ In many cases, this statement is true, and at Hush Energy, we make it our job to provide homeowners and businesses in Logan with solar systems that will save them money on electricity in the long run.
However, multiple factors can determine whether or not your solar panel installation saves you any money over time. In fact, there are cases where you might pay the upfront expense of the photovoltaic system and then never make that money back—let alone start enjoying added electricity savings on top of it.
When a Solar System in Logan Can Save You Money on Electricity
The basic rule of thumb is that a solar power system can save you money on electricity, but only if designed and installed correctly to benefit the customer. At Hush Energy, we see many instances where we are replacing older systems that were cheaply built or shoddily installed
Therein lies one of the biggest challenges of investing in solar panels in Logan. On the one hand, you want to save money upfront. This impulse is especially common among buyers who are buying into solar energy for the first time. They like the idea of saving money on electricity and becoming more sustainable, but still have reservations about solar power in general. Thus, they hedge their bets on a cheaper system, believing that it will be easier for them to make back that investment with the savings that solar energy will provide.
The problem with this line of thinking is that cheaper systems also come with a slew of disadvantages. Theoretically, if you buy a solar power setup in Logan that costs half of the other system you were considering, it will have a faster payback time. After all, there is less of a deficit to make up, which means that the system will pay for itself quicker and therefore deliver deeper savings.
Simple payback times don’t tell the whole story, though. A cheaper system might not be as reliable as a more expensive one, which can lead to performance issues and lower energy consumption. A cheaper system might break down and need frequent repairs, whereas a more expensive one would feature better parts and components and would work more reliably for longer. A cheaper system might have a steeper decline in panel output over time than a more expensive one (and might produce a fraction of the power that a better system can anyway). Also, a cheaper system might need to be replaced or modified (for batteries, perhaps) much sooner than a more expensive and feature-rich one.
Count on Premium Quality with Hush Energy
In other words, while a cheaper system might save you upfront, you will arguably save you more money over time—not just on electricity, but also on repairs, modifications, and replacements—with a premium quality system.
At Hush Energy, we are committed to providing our clients with the best solar panels and solar power systems in Logan. We design our systems for years of reliable service, without the performance issues and breakdowns that can render solar power systems more trouble than they are worth. The result is that, with our systems, it is now possible to replace as much of your power as you want through a mix of solar and batteries. Learn more about what characteristics earn our products the ‘premium quality’ tag, by calling 0423 208 723 today.