We hear this question a lot. Deciding whether to get solar panels now or wait is a common dilemma for homeowners interested in renewable energy. There are several factors to consider when making this decision, and the tradeoffs involved can be complex. Here, we will explore some of the key factors to consider when deciding whether to get solar panels now or wait.
The first factor to consider is the cost of solar panels. The cost of solar panels has decreased significantly in recent years, making them more affordable for homeowners. However, the upfront cost of installation can still be a significant investment. One approach to this tradeoff is to consider the long-term savings that solar panels can provide through reduced electricity bills. If these savings outweigh the upfront cost, then installing solar panels now would make more sense because you would enjoy the savings for a longer period of time.
Another important consideration is the availability of incentives and rebates. Washington state and local utilities offer incentives for homeowners who install solar panels, such as tax credits, rebates, and net metering. These incentives can significantly reduce the cost of installation and make solar panels a more attractive option. However, these incentives can change over time, so it’s important to stay up-to-date on the latest incentives when deciding whether to install solar panels now or wait.
The third factor to think about is the environmental impact of solar panels. Solar panels are a clean and renewable source of energy that can help to reduce carbon emissions and combat climate change. If reducing your carbon footprint is a priority, then installing solar panels now may be a good choice.
Finally, it’s important to consider the practical considerations of installing solar panels. Solar panels require a certain amount of space and must be installed on a roof or in a yard with unobstructed sunlight. If your home is not well-suited for solar panel installation, or if you plan to move in the near future, then waiting may be the better choice.
After weighing all these considerations, most homeowners find it is generally better not to wait on getting solar panels, and a phrase we often hear is, “We wish we would have done this sooner!” With solar energy systems much more affordable now, new installations are paying for themselves in record time. If your home is well-suited for a solar panel installation and you qualify for incentives now to help offset the cost, it is typically better to install a new solar energy system sooner rather than later. Overall, getting solar panels now rather than waiting can help you save money, reduce your carbon footprint, and improve the value of your home.
If you would like to put off the wait, take action now by contacting us and getting started on your solar journey.