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When is the best time to invest in photovoltaic panels

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If you can afford the solar electric system, and you want to begin saving money on your utility bills, now is the best time to invest in solar panels while you can take advantage of the 30% ITC.

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When is the best time to invest in photovoltaic panels [PDF]

6 FAQs about [When is the best time to invest in photovoltaic panels]

When is the best time to buy solar panels?

Just like buying a house, solar is a long-term investment and there’s more to be lost than gained by trying to time the market. The best time to buy solar panels is when you are ready to make an investment in your future. However, if you are trying to choose a time of year to start your search, fall and winter provide some unique advantages.

When should you install solar panels?

If you don’t mind longer wait times and slightly higher installation fees and prefer to start bankrolling solar credits right away, you’ll want to install solar panels during the summer. But if you’re looking for shorter installation times and lower fees, you should wait for the spring or fall.

When is the best time to go solar?

Fall and winter are slower for the opposite reasons – less sunlight, little to no A/C, and lower energy bills. But that’s exactly what makes it the best time to go solar, especially for proactive customers who want to set themselves up for peak summer bills. Think of shopping for solar panels like going out for breakfast.

When is the best time to install a solar energy system?

Solar companies are most busy during the height of summer, pushing more ads and doing the most installations and repairs during this time. As a result, you may wait several weeks before your solar energy system can be installed, even longer in high-traffic states like California, Texas, or Arizona.

Is investing in solar panels a good decision?

Solar panels have become more efficient, have lower temperature coefficients, provide higher power outputs, and come with better warranties compared to just five years ago. This continuous advancement in solar technology may make solar panels a good investment.

When should you start stockpiling solar panels?

By installing solar panels in the spring or at the beginning of summer, you can begin stockpiling solar credits early to offset the coming winter months. The Federal Investment Tax Credit (ITC), state tax incentive, and tax rebate programs have rollover and cut-off dates, most of which occur at the end of the year.

Solar Pro.