Are solar Panels worth it, Do they really quot;save moneyon electricity?
Solar panel systems are one of today's best investments! What other product can you get that last for 25 years or more and saves you money every day of the year, but pays itself off in 5 to 0 years in most cases. Our company has installed well over 00 solar panels systems for clients who have declared independence from their utility! Contact us to learn more if you are in the Northeast US.
The answer is yes. Where it used to cost around $0 per watt you can now buy a system installed for half of that. Panels are more powerful, technology is better so once again the answer is yes. In addition a lot of power companies are offering net metering programs (that is where you sell your extra power back to them for credit). It's like putting power in the bank during peak solar days to use when the sun doesn't shine. You stay hooked up to the grid and when you're making more than you're using your meter spins backwards.
I say yes, I had a method put in a couple of months ago. I paid $6K and my utility paid $0K. I should destroy even in about 6 years. The procedure is guaranteed for 25 years, so i will have as a minimum 9 years of free vigour. I went from a invoice of round $200 per month to underneath $20 in the summer. I will pay a bit of extra in the winter months given that much less daytime, but i do not use as so much power within the wintry weather. Each and every 2 months electrical power goes up an ordinary of 5%, so while my neighbors have a larger bill each and every month, i will be staying underneath $50 for a long time. Even with out the rebate i would have a smash even time of about 0 years, nonetheless 5 years of free vigour.
“Where you have good (sunlight) and access to financing and a combination of federal and state incentives, you have a number of markets around the country that are very vibrant, and it’s very cost-effective with financial paybacks in the order of five and 0 years,” said Robert Margolis, a senior energy analyst at National Renewable Energy Laboratory (NREL).
Yes! They will save you money for a lifetime. Imagine not paying for electricity bills every month.
