Going Green: Examining the Cost of Solar Panels

Going Green Examining the Costs of Going SolarIn recent years, the idea of “Going Green” has grown rapidly in a variety of different industries. From food to energy usage to farming, we are all being challenged to eat healthier, leave a smaller carbon footprint, and raise livestock more responsibly. As we move toward a more energy efficient and a “greener” lifestyle to preserve our environment, it is important to realize the inherent costs associated with the transition from fossil fuels to solar powered energy. According to NBC.com, usage of solar panels in residential homes in Connecticut are rising an average of 1,000 homes per year. In order to ensure your property is energy-efficient and protected, it is key to have a Home Insurance Connecticut policy.

Before making a decision to use complete or partial solar power in your home, it is crucial to keep in mind these 3 key factors that can contribute to unforeseen and long term costs:

  1. Sunlight- The direction in which your roof faces can have an effect on the amount of sunlight the panels are able to capture. Ideally, the solar panels would be mounted on the southwestern-facing section of your roof. However, experts say that having your panels face west, south, and north will all deliver worthy results, as well. The more sunlight obtained the more solar energy you’ll have!
  2. Electricity usage- Having your current energy needs and future needs assessed is ideal in determining how solar paneling will benefit you. For example, children, relatives, and a house with ample square footage will increase your monthly energy costs. Be sure to dive deeper into your personal utility company’s costs- it could save you a bundle!
  3. Funding Incentives- Before personally taking on the expense of installing solar panels, check your state’s policy on supplementing part of the cost. Innovation Solar Systems claims that both federal and state incentives can potentially cover about 80% of the solar panel system and installation costs.

Protecting and maintaining your solar panels can be a tricky process, but luckily Byrnes Agency offers affordable and custom insurance plans to Connecticut homeowners. We specialize in CT Homeowners and Connecticut Condo Insurance tailored to suit your needs to protect every part of your home. Our Connecticut homeowner’s insurance specialists can help you achieve an ideal, comprehensive coverage plan in order to protect your assets.

Please contact us today at one of our various locations throughout Connecticut to learn more about our operation and all our offerings.

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Dayville Office

Phone: (860) 774-8549
394 Lake Rd
Dayville, CT 06241
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Norwich Office

Phone: (860) 886-5498
6 Consumers Avenue
Norwich, CT 06360
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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Woodstock Office

Phone: (860) 928-7928
1226 Connecticut 169
Woodstock, CT 06281
United States
info@byrnesagency.com
Hours of Operation: Monday- Friday 9:00am-5:00pm

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