Installing Solar Panels for Your Home: Is It Really Worth The Money?
What Are Solar Panels and How Do They Work?
Curious about the value of installing solar panels for your home? Let's begin by understanding what solar panels are and how they work. Solar panels, or photovoltaic panels, are ingenious devices that convert sunlight into electricity through semiconductors like silicon.
This clean and renewable energy source not only reduces your carbon footprint but also cuts reliance on non-renewable resources. As we explore the environmental impact and the efficiency of solar energy, you'll gain insight into whether it's a worthy investment for your home.
Assessing Your Home's Suitability for Solar Panels
When considering installing solar panels for your home, there are several factors to evaluate. As your solution provider, we will begin by assessing sunlight exposure and elements of shading across the day. Adequate sunlight is essential for optimal energy production. As such, the placement of the solar panels proposed by us is where we expect the highest sun exposure.
Another crucial factor to evaluate is whether the power supply of your home is single-phase or three-phase. This is important as different solar photovoltaic (PV) systems have different requirements. For example, the maximum inverter size for a single-phase power supply is 5 kWac and 12 kWac for a three-phase power supply.
More importantly, evaluating the structural feasibility of your roof is vital in ensuring a successful solar energy venture. Consult professionals to assess whether your roof can support the panels' weight and make any necessary reinforcements. Here at AQ Energy, we include a consultation and assessment service by in-house professionals so you can have peace of mind that you are getting the best service in the business.
How Much Can I Save by Switching to Solar Energy?
Beyond just the environmental benefits, switching to solar energy also has significant financial advantages. In order to encourage solar energy adoption, the Malaysian government is providing incentives designed to lower electricity bills. In particular, homeowners can enjoy the privilege of selling the energy generated back to Tenaga Nasional Berhad (TNB) at a 1-to-1 rate, i.e. RM0.571 import from TNB, RM0.571 export to TNB.
In the case of users above 1501kWh, owners can enjoy additional savings by partially avoiding the ICPT charges at RM0.10/kWh. After installation, owners can expect to save up to 90% on their electricity bills. This financial advantage makes the switch to solar energy both an environmentally and economically savvy choice for homeowners.
How Do I Maintain Solar Panels?
Understanding the importance of maintaining your solar panels is essential for long-term efficiency and extending the lifespan of your system. Generally, little maintenance is required as there is a special protective coating on the surface of the solar panel. However, it should be expected that occasional checkups will be required when alerts are raised by the online monitoring application.
It is important to note that for solar PV systems, choosing high-quality components correlates to lower maintenance frequencies and being able to run safely even after long-term use.
Pros of Having Solar Panels for Your Home
- Very high possibility of you earning positive profits from solar energy generation
- Able to take advantage of green incentives and financing
- Potentially enjoy an ROI as soon as three years
- Reduced carbon footprint
- Have cheaper electricity bills
Cons of Having Solar Panels for Your Home
- Maintenance work needed
- Understanding the landscape can be complex
Not to worry though, as here at AQ Energy, we provide excellent services before the installation to help you get a clear picture of the whole installation landscape and process. Besides, we have an excellent in-house installation and maintenance team to provide you with top-notch care after the solar panels have been installed to ensure everything is running in order.
How Much Does It Cost to Install Solar Panels?
Determining the cost of solar panel installation involves considering several influencing factors, such as the size of your system, the type of panels chosen, and installation intricacies. For residential installations, the price can start from RM14,550 and can go upwards of RM60,000.
However, in the best-case scenario, homeowners can look at a return on investment in less than 3 and a half years.
Why Choose AQ Energy for Your Solar Panels?
Here at AQ Energy, we perform the entire solar panel installation process - including pre-installation and post-installation service - in-house. We take pride in the responsibility of delivering the highest quality of service to you because your satisfaction is our satisfaction. Head to our portfolio to check out our extensive list of successful solar panel projects. We are confident in saying that we provide the best service in the business.
Frequently Asked Questions (FAQs)
A. Is it possible to generate surplus energy?
Yes, the surplus energy generated can be sold back to TNB at a 1-to-1 rate, in accordance with the Net Energy Metering 3.0 scheme.
B. What happens during cloudy days?
Solar panels still work on rainy days, but they generate less electricity. This is because rain clouds block some of the sunlight that would otherwise hit the solar panels.
C. What warranties should I look for when purchasing solar panels?
Product warranties and performance warranties are good to look out for. The length and terms of the warranties are also important to note. Generally, Tier-1 panels supplied by AQ Energy will provide at least 25 years of performance guarantee by the manufacturers. Contact us for more info!
D. How long does the installation process typically take?
Once you have obtained the necessary permits, our team can complete the installation process within 1-3 days.
E. Are there any tax incentives for solar panel installation?
No, however, there's a double taxation allowance for commercial and industrial installations
Verdict
Is installing solar panels for your home really worth it? The answer is yes! While the upfront costs are a consideration, the long-term advantages in terms of reduced energy bills and reduced environmental impacts make it worth the money.
Are you ready to supercharge your homes with solar energy? Our expert team is here to make your transition to solar energy seamless and rewarding. Say goodbye to soaring electricity bills and hello to a brighter, eco-friendly tomorrow.
"Solar Lagi Jimat!” Go solar with us and enjoy lower bills and a greener future!