Are solar panels worth it?? I mean the price you by for them up front is a lot, so you properly need a loan for it. So how does it work? Won't the loan be just as much as you electric bill?Im just really confused about it.
solar panel is a good product which can use clean energy and convert it into electricity for people use. and will decrease the pollution to the environment.
Solar panels are one of today's best investments! With a lifespan of 25 to 30 years minimum, and a payback period of 0 year or less, the economics are a no-brainer. There are often state loan programs giving you low interest or no interest for a length of time. There are also tax credits and rebates that take care of a lot of the up front money. Calculate for yourself what you will pay to your utility over the next 30 years. Then see how the cost of a solar electric system compares. My company has helped scores of homeowners and business owners claim Independence and take control of their energy costs for the next few decades. Contact us to have a site evaluation and payback analysis for your particular situation.
If your purchasing solar panels for a building or colony where a few families live together, the cost of the panels can be distributed or shared. And loan and electricity bill wont be the same. Loan is a one time transaction while electricity bill you have to pay monthly and everytime. You dont have to buy solar panels every month lol. So its a better option to spend on solar panels although it maybe a big amount, rather than paying high bills every month....
