How to Use the Solar Calculator
The best way to learn about local rebates, your home’s energy potential, and your eventual return on investment is to use our ModSun Solar Cost Calculator (see above). Enter your home address in the box, then click Check My Roof. You’ll get an instant picture of your roof’s productivity, your average energy expenses, and installation costs in your area—whether you decide to buy or loan. We’ll also provide system size recommendations and information about rebates and incentives you may be eligible for. Just select More Info under each purchasing strategy to learn more, and then connect with a solar pro.
Solar City Buying Guide for Cheyenne, Wyoming
Why should Home and business owners in Cheyenne, Wyoming consider solar energy as a way to offset traditional power? Many benefits are associated with solar energy. This buying guide will discuss reasons why you should consider switching to a solar panel system, rebates and incentives to help you pay for the system as well as important requirements set forth by the city of Cheyenne.
Financing Your Cheyenne Home’s Solar Panel
Having your financing set in place is a good idea as solar installation can be expensive. Although a solar system more than pays for itself over time through monthly utility savings, the initial cost for the equipment and installation can be significant. Paying cash is always the best option if you have the funds readily available. If you are purchasing from a large, solar installation company, chances are they will have a payment or credit plan in place. If you have equity in your home, a HELOC will allow you to spread the investment over time at a reasonable interest rate. A credit card is another option but you may be saddled with higher interest rates and diminishing the return of the solar panel benefits.
Reducing the Costs of Solar Power Installation in Cheyenne
To help with the cost of solar installation, the government, city, and state offer attractive incentives, grants, rebates, loans, and tax credits to lower the initial cost. Check these websites for programs you can use.
- DSIRE – Database of State Incentives for Renewable Energy
- Energy Star
- Rural Energy for America Program
Solar Power is a Sound Investment in Cheyenne
Installing a solar panel system on your home is a solid investment. Unlike many home improvement projects that add little to no value to your home, you can expect a substantial increase in your home’s value when you install a solar panel system. In fact, it is common that 100-percent of the cost of your solar power system will be added to your property value. In addition, a solar panel installation will pay for itself many times over through reduced monthly energy bills. Can you name another home improvement project that pays for itself?
Solar Panels Are Made to Last in Cheyenne
The expected lifespan of a solar panel system is between 20 and 25 years. Their durability is due to the fact there is no moving parts in the system. As the system ages, you can expect a decrease of between 0.5 and 1-percent per year in their production capabilities. That means your panels will still perform at approximately 75 to 87 percent after they reach the ripe old age of twenty-five. Minor adjustments and periodic cleaning of the panels is all that is necessary to keep you system running at peak performance.
Types of Solar Power Common in Cheyenne
The two most common types of solar power used in Cheyenne are solar panels used to produce electricity and solar water heaters used to produce domestic hot water.
Simply put, solar panels work by allowing the photons or particles of light from the sun to separate electrons from atoms, which generates an electrical current. The solar panels or arrays are most often affixed to rooftops in unobstructed areas devoid of shade from trees or nearby structures. The panels can also be ground based when ample space is available. Since the electricity produced by the solar panels is direct current or DC, it must first pass through an inverter, which converts it to AC “alternating current” to power your home. Excess electricity that you do not use travels to a net meter, a device that measures the amount of power your panels contribute to the main grid where it is sold to the utility company on your behalf.
Typical Solar Panel Configurations in Cheyenne
- Grid-tie systems are those systems connected to the main power grid. Energy you do not use flows into the main power grid.
- Grit-tie systems with battery backup divert excess electricity produce by the panels into a bank of storage batteries for later use. Once the batteries are fully charged, the excess electricity flows into the main power grid.
- Off-Grid systems do not connect to the main grid. Their primary use is in remote locations where grid power is unavailable or not feasible due to terrain limitations. These systems also include a battery bank for electricity storage.
Cheyenne Solar Water Heaters
Another common use for solar power is used to produce domestic hot water. Solar collectors absorb the heat energy from the sun’s rays to heat water. In warmer climates, water is heated directly and stored for later use. Colder climates often utilize a transfer fluid — non-freezing — that absorbs the heat and transfers it to water via a heat exchanger. Your contractor will recommend either a direct or an indirect system depending on your climate.