Are you thinking about adding solar panels to your home? If not, you should.
Solar panels have many benefits beyond just lowering your carbon emissions. For example, installing solar panels can increase the value of your home. They can also bring in passive income years after you install them.
However, to make passive income from your solar panels every month, you need to get one thing right — and that’s having the right amount of solar panels for your home.
In this article, we’ll help you determine how many solar panels your home needs not only to live independent of the grid but also how you can increase your chances of earning passive income from your solar panels.
How Many Solar Panels Do I Need for My House?
The number of solar panels you need for your home depends on a few factors. For instance, a smaller home won’t require as much electricity as a larger one. Additionally, the amount of electricity you use in your home by kilowatt-hours can play a role.
These are two things to keep in mind when installing solar panels for your residential home. A Residential Energy Consumption Survey conducted by the U.S. Energy Information Administration (EIA) provided some averages you can use as a reference:
- 1,500 square foot homes require between 14-17 solar panels
- 2,000 square foot homes require between 19-25 solar panels
- 2,500 square foot homes require between 24-30 solar panels
- 3,000 square foot homes require between 27-38 solar panels
Depending on where you are in relation to the average amount of kilowatt-hours you use in your home for electricity depends on how many solar panels you may need. However, this can give you a sense of what you may require for your home.
For homeowners in South Carolina, we encourage you to check with blueravensolar.com/south-carolina/ for more information.
How Can I Increase My Chances of Passive Income From My Solar Panels?
In order to reap the benefits of passive income from your solar panels, you must use less energy than your solar panels provide. There are two ways you can accomplish this:
- You can be more frugal with the energy you consume
- You can purchase extra solar panels to ensure you always get money back
While the first requires you to be more aware of your electricity consumption, it also aligns with decreasing your carbon footprint, which is why many people switch to sustainable energy sources. The alternative is that you’ll have to pay more upfront to receive passive money later.
Both have their advantages and disadvantages depending on how you think about using your electricity and getting the most out of your investment. We recommend speaking with a trusted professional before making a decision. They may be able to help advise you one way or the other.
What’s Your Choice?
So, what’s your choice? Would you rather spend a little more upfront for your solar panels or live a greener lifestyle to recoup some extra savings? The choice is yours.
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