When Do Solar Panels Pay For Themselves?
Solar power prices are fixed for 15-20 decades, for the full length of a power purchase agreement. Environmental and energy planning ought to be on precisely the same level. Solar power is a large portion of the nation’s future.
By now we have all heard of solar panels and how great they can be for the environment and how much money they can save you on your utility bills, right? Solar energy is a hot topic right now and everyone wants more information on the subject. This is just a quick review of the ups and downs of using solar panels to provide energy for your home. The Bad news first.
The Bad - The initial set up costs can be too expensive for most homeowners, up to $20,000 to professionally outfit a household. It can be a hassle to get a zoning variance, depending on your community you live in, if you need one. (Most communities don't but if you live in a big downtown city, well....)
The Ugly - Most people don't think about this but the amount of energy you can use is dictated by the sun. If you don't have a have a backup system, it's possible to run out of power! Either you need a good battery system to have power available when your not generating it or you need to remain connected to the energy grid in your local area. Not too many people seem to mention this when talking about solar panels.
The Good - You will save energy by converting your home to use solar power and you will be conserving resources for future generations, and lowering your impact on the planet. You can also be paid by your utility company for the excess electricity you might generate. You can make money using solar power too! Not a lot to be honest, but some is better than none. Your property values will increase when you use alternative energy sources to power your home. The government also provides tax credits for certain solar applications. Cha Ching!