Though the rewards are considerable, the initial costs of installing a basic solar system can be significant. These costs include the panels and the solar inverter, mounting hardware, wiring, and installation labor. However, various solar financing options, such as solar leases or power purchase agreements (PPAs), can make going solar easier.
Maintenance needs for solar systems are generally low, especially for solar PV systems. The key to long-term performance includes monitoring for thermal cycling effects, ensuring clean panels, and checking regularly to avoid shading from trees or buildings. Most solar systems come with monitoring systems, warranties, and can be added to your homeowner’s insurance for additional peace of mind.