Active Alert: MIT Federal Credit Union will never text, email or call you asking for personal or account information. Never click a link or download an attachment from someone you don't know. Fraud is on the rise; learn how to protect yourself. Learn more at our Security Center

Go to main content MIT Federal Credit Union

Join now

MIT FCU image
MIT FCU image
« Return to "Blog"

5 Questions to Ask Before Going Solar

Authored By: MIT FCU

Solar energy can be an excellent investment for homeowners, but it's crucial to do your homework before making the leap. Here are five essential questions to ask yourself when considering solar panel installation.

1. What is My Home's Average Monthly Energy Use?

Understanding your energy consumption is the first step in determining the right solar system for your home. The average US home uses about 30 kWh of electricity daily.

By calculating your monthly energy use, you can:

  • Determine the number of solar panels needed
  • Estimate potential energy savings
  • Ensure your solar system can fully offset your electricity consumption

Pro tip: Most homeowners install between 15-19 solar panels to cover their electricity needs completely.

2. Which Direction Does My Roof Face?

Roof orientation significantly impacts solar panel efficiency. A south-facing roof is ideal for solar panel installation, as it receives the most sunlight throughout the day.

However, don't be discouraged if your roof doesn't face south:

  • Solar panels can still generate power on other roof orientations
  • A custom solar system design can maximize output based on your roof's specific characteristics
3. Do Tax Rebates Exist in My State?

While the search results don't provide specific information about state tax rebates, it's crucial to research local incentives. Check with your state's energy office or a local solar installer to:

  • Understand available tax credits
  • Explore potential financial incentives
  • Reduce the overall cost of your solar installation
4. Is My Roof Strong Enough for Solar Panels?

Roof structural integrity is paramount for solar panel installation. Consider these key factors:

  • Most roofs can support solar panels, which typically weigh 3-4 pounds per square foot
  • Professional roof inspectors can assess your roof's load capacity
  • Roofs should be in good condition with at least 10-15 years of life remaining
5. Do I Need Permits for Solar Panel Installation?

Permit requirements vary by location.

Typically, you'll need:

  • Electrical permit
  • Building permit
  • Interconnection approval to connect to the grid
  • Potential zoning permit
  • Homeowners Association (HOA) permission, if applicable

Important: Always check with local authorities about specific permit requirements in your area.By carefully considering these five questions, you'll be well-prepared to make an informed decision about solar panel installation. Remember, a professional solar consultation can provide personalized insights tailored to your specific home and energy needs.

By carefully considering these five questions, you'll be well-prepared to make an informed decision about solar panel installation. Remember, a professional solar consultation can provide personalized insights tailored to your specific home and energy needs. At MIT Federal Credit Union, you can get started with a system design and financial analysis within 24 hours, all online. Learn more about our competitive rates and quick, easy process.



« Return to "Blog"
Person giving house keys to another person in front of a green house
By
Home Ownership

Navigating the Mortgage Process

The loan process may seem like a daunting task, but we’re here to make it as easy and as stress-free for you as possible.

Read More

House with solar panels
By
Home Ownership

Do Solar Panels Really Save You Money?

With rising energy costs and growing concern for the environment, many homeowners are considering solar panels.

Read More

All You Need to Know about HELOCs
By
Home Ownership

All You Need to Know About HELOCs

If you’re a homeowner in need of some cash, look in your own home. 

Read More