Is Solar Energy Worth It Reddit

I didn t think much of it because it was all i knew.

Is solar energy worth it reddit.

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. 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. Whether your city or state has net metering a feed in tariff solar rebates or various other solar incentives or not. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value.

When we first decided to go solar with our home we were shocked by the results of our energy audit. 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. The bigger the system the more energy it produces and the more expensive it is.

While solar leases and power purchase. However imo solar energy is not at the price point where it makes sense to switch to those systems. However even with such low prices it is more cost effective to reduce energy consumption than it is to produce energy. Whether you will or have already bought an electric car that could recharge on the electricity produced by your solar panels.

If your electric rates are high you ll pay off the cost a lot sooner according to the solar energy industries association. Don t sign a contract unless you understand everything including your expected return on investment and break even point. Improvements to designs and cost reductions are happening rapidly. Solar panels do two things that are not commonly mentioned.

For 30k loan at 6 interest there is a lot of better stuff that can be bought at that rate. Help reddit app reddit coins reddit premium reddit gifts. Solar technology is perhaps the greatest development of the modern age. The age of your roof.

The cost of solar panels are at historic lows. 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. 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.

Additionally you ll use less energy because you ll use less energy in the summer. Whether your roof is shaded by trees or other buildings.