You’ve probably noticed lately, that the sight of solar panels atop roofs is a much more common sight than it used to be. The solar roofing industry is growing at an unprecedented rate. It’s not uncommon to see several homes on a single street adorned with solar panels. There are several reasons for the sudden boom in the solar roofing industry. Here are a few of them.
Better technology
Thanks to many advances in solar panel technology, solar roofing is cheaper than it’s ever been. Because solar panels are more efficient than they’ve ever been, it doesn’t take as many panels to generate the needed electricity. That also means that homeowners can usually get by with just a few panels so they don’t have to face the street and detract from the curb appeal of the home.
Financing offers
Virtually all installers offer some kind of financing for homeowners in order to offset the initial high cost for solar roofing. Homeowners know that the solar panels will pay for themselves over time in energy cost savings. By financing their solar roof, homeowners let their roof literally pay for itself in energy savings.
Supply and demand
Perhaps the biggest reason solar roofing is cheaper than it’s ever been is because of too much supply. Solar panel manufacturers, mostly based out of China, anticipated the growing demand for solar panels and began mass producing them. As a result, there is an abundance of solar panels but not enough demand yet. So for homeowners on the fence about solar roofing, now is best time before demand increases and prices climb higher. You can have a consultation with a solar panel installer to see if it’s a practical option for your home.
Home improvement news brought to you by bartonroof.com
Source:
consumerist.com/2015/04/13/why-solar-panels-are-suddenly-sprouting-on-everyones-roofs/