Is Solar Energy Worth It Reddit

For 30k loan at 6 interest there is a lot of better stuff that can be bought at that rate.

Is solar energy worth it reddit.

Whether your roof is shaded by trees or other buildings. Discussion of solar modules solar energy solar power solar heating pv off grid systems and more. Whether your city or state has net metering a feed in tariff solar rebates or various other solar incentives or not. 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. 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. 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.

If your electric rates are high you ll pay off the cost a lot sooner according to the solar energy industries association. Trees reduce output savings. While solar leases and power purchase. The bigger the system the more energy it produces and the more expensive it is.

Additionally you ll use less energy because you ll use less energy in the summer. 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 cost of solar panels are at historic lows. Help reddit app reddit coins reddit premium reddit gifts.

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. The age of your roof. Tesla solar and energy storage products might be a great solution for your home or business and you can use our code frederic5610 for a 250 award for a solar roof or tesla solar panel.

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. 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 you will or have already bought an electric car that could recharge on the electricity produced by your solar panels. I didn t think much of it because it was all i knew.

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. Solar panels do two things that are not commonly mentioned.