Get matched with top solar panel pros in Spearfish, SD

Installing solar panels is worth it if you’re frustrated with paying high utility bills, live in a sunny location, and qualify for tax credits and incentives. Most homeowners cut between $650 and $1,500 from their utility bills each year by installing solar panels. Over the course of your panel’s warranty, you could save anywhere from $16,300 to $37,500, though those in sunny areas with high energy costs could save more than $100,000.

Solar panels can pay for themselves in five to 15 years, depending on the cost of your system, how much energy it generates, whether you qualify for incentives or power buybacks, and the price of energy in your area. Solar panels pay for themselves over time as they lower electricity bills, so it will take time to recoup your initial investment. However, the longer you have your system, the more money you can save and earn.

Solar shingles and solar panels are not the same. While solar shingles use the same technology as traditional solar panels, they integrate with your existing roof. That means they are used to build your roof instead of simply resting on top of it. When comparing solar shingles and solar panels, it's helpful to know that solar shingles are more aesthetically pleasing than solar roof panels. They also do better in harsh weather due to limited uplift from strong winds.

The average homeowner needs around 22 solar panels, but the exact number depends on your monthly energy consumption. Your solar professional should size your array to offset your consumption, meaning you’ll need fewer panels if you use below-average amounts of electricity, or more than 22 if you use above-average amounts of electricity. The number of panels also depends on the output of each panel. The average is around 400 watts, but you might need more panels if you install less capable equipment. Since there are so many variables, you should have a professional size your system.