Are Solar Panels Worth It Reddit

High quality panels can last 30 40 years with some panels from a reputable german manufacturer coming up on 50 years now.

Are solar panels worth it reddit.

If we say yes then that s all because of the fact and advantages mentioned above. Discussion of solar modules solar energy solar power solar heating pv off grid systems and more. My relative not only doesn t pay for their electric any more but they actually get a check for approx 300 for the amount she sells to the national grid and more besides. 10 year loan 30 371 00 with a 6 49 interest rate 42 054 12 with.

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. Additionally you ll use less energy because you ll use less energy in the summer. Here s my 2 cents. So i just got approved for an 8 600 kwh year system.

65 votes 67 comments. Solar panels do two things that are not commonly mentioned. Solar technology is perhaps the greatest development of the modern age. Solar panels are something with the advancements by the day with a lot of uses.

The usual way that solar panels work out financially is if you are in a very sunny climate and or have some really good tax breaks from the state or your local electrical provider. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. Chris zuppa the penny hoarder. I lived in socal and had solar panels installed.

How are you financing your solar panel system. The government is effectively contributing nearly 1 3 of the price of your going solar. The federal government offers a tax credit of 30 of the cost of a qualifying solar pv installation. Improvements to designs and cost reductions are happening rapidly.

While solar leases and power purchase. Why are solar panels not worth it. Technicians from solar source install solar panels on a house in dunedin florida. The anecdotal evidence that i ve found just asking around is that they are pricey but more than worth it.

If you can find a house that s on net metering 1 it s absolutely worth it. So i ve been looking into getting solar panels. But higher quality means higher price. The answer is yes and no.

Logically speaking solar panels provide ease in almost every way but are they worth the cost. One of the biggest advantages of installing residential solar panels is a 30 federal tax credit on the total cost of a system.