Solar for Residential, Markham
As utility prices rise, many homeowners are starting to turn towards renewable energy as a way to reduce their utility costs.
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Solar for Residential, Markham
Each year, many homeowners look back on their yearly expenses and realize how much their utility bills have increased. The cost of living is rising each year, and utility costs are one of the most unpredictable living expenses. One way to avoid rising utility costs and decrease your reliance on the electrical grid is to upgrade your home to the use of renewable energy, such as solar power. Solar energy has become an increasingly common energy source which has been gaining traction over the years.
A great benefit of using solar power is that it can help to reduce carbon emissions by 5-10 times the amount compared to natural gas or coal. It also allows one to reduce reliance on the electrical grid and increase savings on electrical bills. Instead of relying on the electrical grid, homeowners can rely on the energy generated by their solar panels during the day, and store excess power to use at night when utility costs are typically higher. Excess energy can also be sold back to the electrical grid for profit. Doing this will allow for a decrease in utility payments of up to 50%, and a large increase in savings.
Another major benefit experienced by homeowners is an increase in property value after installing solar panels. According to recent studies, homes with solar panels will be on the market for less time and sell quicker, and will also see an increase in property value of up to 4%. This translates to roughly thousands of dollars in profit. In addition, Ontario offers a $5,000 rebate for installing solar panels on your home, which offsets the cost of installation.
The cost of installation for a solar power system will depend on the size and layout of your home, and the solar power system capacity in watts. In Ontario, the average cost of installing a solar power system is approximately $2.46 per watt. If you’re thinking about installing solar panels in your home today, don’t hesitate to contact MADE ELECTRIC for more information! Our team operates within Markham and the GTA, and we are committed to helping meet all of your needs.
Frequently Asked Questions (FAQs)
What happens to the excess solar power produced by my panels?
In Ontario, you can work with your local utility provider to either earn a credit on your electric bill, or sell your excess energy back to the grid for profit. Any credits that you receive on your electric bill can be carried forward and saved for up to one year.
Will my solar panels still work when it snows?
Solar panels need direct access to sunlight to work, so if the panels are covered in snow they will not be able to function properly and produce electricity. The snow is not heavy enough to damage your solar panels, however if the snow accumulates it can be cleaned off the panels easily. In addition, most panels are tilted since they are installed on roofs, so snow accumulation is uncommon and the panels will rarely need to be manually cleaned.
What size solar energy system should I get?
The size of your solar power system will depend on many factors, including but not limited to the size of your home, the weather and climate conditions in your city, and the typical electrical usage in the home. A licensed electrical contractor can help you determine what size solar energy system you should get, and help you figure out the best layout to best suit your home’s needs.