Are Solar Panels A Good Investment 2015

Solar panels is it a good investment.

Are solar panels a good investment 2015.

If your bill is particularly high then it could reduce significantly. Rebates low interest loans and grants may also be available. In many locations solar power is a. Solar panels have an expected life span of about 25 years.

I can finally figure out our exact return after one year of it working. How old is your roof. It was very exciting for us as it is something i wanted for a very. They make it sound so easy but the truth is whether solar is a smart long term investment for you depends on a few major factors.

How much money you save depends on key factors however. Generally solar panels create enough energy to power your whole house. So before you buy into the hype we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money. With the declining initial solar panel installation cost increasing electricity bills and government backed solar incentives solar panel investment is definitely worth considering.

The system was installed right before new years last year. Leasing solar panels is more a business for investors to get a greater return on their investment dollars than spreading solar as an energy alternative. The positives about them. The rising cost of electricity combined with the declining cost of solar panels and systems the last few years makes investing in solar energy a no brainer for homeowners.

They reduce your electricity bill. Solar is a good thing but it s complex and people really need to understand what they re getting into explore whether your state offers its own tax incentives. So i have officially had our solar panels on our roof for a year now. To find out about the new scheme designed to replace it click here.

The feed in tariff is now closed for new applications. But are solar panels a good investment. Determining whether to install a pv solar system may seem like a daunting task but it is important to remember that such a system is a long term investment. Not only do you earn a considerable return on your investment after a few years but you also contribute towards the betterment of the environment and demonstrate your commitment to sustainability.

In case you didn t know if you were thinking of installing a solar pv system the government feed in tariff has just reduced. Though a solar panel system is a substantial investment up front over time it can more than pay for itself.