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Upgrading to solar panels is one of the easiest ways to save on energy costs and increase your property’s value. If you’re thinking about investing in this renewable resource, it pays to do some research—as well as to understand the pitfalls that might arise if you make a mistake. Here are three errors to avoid if you’re planning to go solar.

3 Mistakes to Avoid When Buying Solar Panels

1. Don’t Install Them on Your Own

There are many elements involved in solar panel installation. First, you’ll need to design the system, then purchase and install the right pieces. Many professionals have been at it for years, and they can set up solar panels with expertise and precision. This may save you even more money in the long run, because the likelihood of a mistake is minimal. These experts will even test the final product to ensure it’s functioning properly. They can also offer a variety of options from different manufacturers with their own warranties. These important details will affect the life span of your panels.

2. Don’t Wait for Prices to Drop

solar panelsSubsidies make solar panel installation surprisingly affordable. In Hawaii, for example, customers can take advantage of a federal investment tax credit that returns 30% of the purchase cost after state rebates. These credits diminish with time—in 2019 it will reduce to 26%, and in 2020 it will be 22%. Invest while these incentives are still in place, because they afford significant savings on top of the money you’ll recoup on utility bills.

3. Don’t Select an Inferior Product

Quality is king when it comes to solar panels. The key is to select a product that will last—after all, it can’t save you money if it doesn’t work in the long run. Consider factors like your average energy consumption rate when determining the final cost. If you happen to use plenty of energy at home and come across an offer that’s too good to be true, it probably isn’t worth the risk. Short-term savings can cause financial headaches down the line.

 

Are you thinking about going solar? Throughout the island of Oahu, Solar Help Hawaii allows families to save money by installing quality systems that efficiently power their homes. Get in touch today to learn more about their alternative energy options and incentive program. Visit their website for details about solar panels, or call (808) 548-4357.

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