Solar panels need direct sunlight so homes heavily shaded by trees are not good candidates officials from american solar and roofing and sunharvest solar say.
Is solar energy worth it reddit.
Solar technology is perhaps the greatest development of the modern age.
If your electric rates are high you ll pay off the cost a lot sooner according to the solar energy industries association.
The bigger the system the more energy it produces and the more expensive it is.
Discussion of solar modules solar energy solar power solar heating pv off grid systems and more.
Solar private well and septic tank the whole deal.
However even with such low prices it is more cost effective to reduce energy consumption than it is to produce energy.
The cost of solar panels are at historic lows.
If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands.
Improvements to designs and cost reductions are happening rapidly.
When we first decided to go solar with our home we were shocked by the results of our energy audit.
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It s become a common thing for them now to do all their energy intensive things during the day when they literally have free electricity.
However imo solar energy is not at the price point where it makes sense to switch to those systems.
How are you financing your solar panel system.
Aside from the usual benefits you will add value to your home i ve heard 10 20k is the median but it depends on your neighborhood state etc.
Whether your roof is shaded by trees or other buildings.
I didn t think much of it because it was all i knew.
For 30k loan at 6 interest there is a lot of better stuff that can be bought at that rate.
Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value.
The age of your roof.
Whether you will or have already bought an electric car that could recharge on the electricity produced by your solar panels.
It isn t really mainstream yet so if something goes wrong you have a limited amount of options thereby paying a premium to get the issues fixed.
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Trees reduce output savings.
While solar leases and power purchase.
Don t sign a contract unless you understand everything including your expected return on investment and break even point.