I live in Los Angeles area, I see the ads that, they will install solar panel for $0. I would like to know what is the catch ?Thanks You.
Generally, you still get charged for the panels themselves, just the install is free, or they might make you buy a specific amount to get the install free.
Read the terms and conditions! They will own the panel and receive payment for any power generated from it, as one example.
Sh*t is expensive. I live in FL.....to solar a 500 sq foot house here ...even with the gov rebates and the discounts..etc..etc.. sts the home owner @ $24,000 dollars. They say you will recoup your $$$ in 0 years. 0 YEARS??? The gov should get behind this and make it cheaper...but that will not happen.
using solar panel in your life, you can save the electricity bill, also you are saving energy for our later generations. If more and more people are using solar energy, the mother earth will become more beautiful.
The catch is you pay a monthly electric bill to the company that installed it. There are a couple ways to pay for solar power. One way is to pay the full cost of installing it then get all the power it makes at no cost. The other way is they install it for free and they become like a second power company. You pay them for the solar power and still pay your electric utility for any power from their generator that you use. The idea (usually a promise) is that the monthly rate will be lower than the power company charges. I would prefer to pay the full cost of the installation and own the power it makes from then on. But you need to have enough cash, or the ability to borrow enough, to pay that way.
