Does It Make Sense To Get Solar Panels In 2017

While solar leases and power purchase.

Does it make sense to get solar panels in 2017.

In a nutshell if you have solar on your roof the panels create electricity and the system s electrical panel sends power to your lights and appliances. West facing solar panels get less sun than those that face south but it s not. Published july 11 2017. How are you financing your solar panel system.

Get the most from your solar investment by seeing how much energy you produce and when. Published on 05 31 2017 in. Don t let the clouds fool you. This blog was originally published on october 19 2015 and has been updated to reflect current tips and trends for homeowners considering solar panels in 2017.

Compare that to your home s energy use to see how you can shift large loads and minimize what you buy from your utility. And there s never been a better time to think about making the leap. Sense solar connects the dots and removes the guesswork. However if the solar cells ever reach a few cents per kw might work.

And while the cost of solar panels has dropped more than 70 since 2010 according to the solar energy industries association batteries can cost as much as 10 000 to 15 000 including installation according to solar united neighbors. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. On the other hand if your main reason to install solar is to cut pollution not save money then solar would make sense. It just wouldn t make economic sense assuming you own rather than lease the solar panels.

The payback period to recoup the cost of the system would simply be too lengthy. In the northern hemisphere the sun crosses the sky a little to the south which means putting solar panels on a south facing roof is the best way for homeowners to capture the most solar energy. The observations on the wildly uneconomical roof top installations are accurate. If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands.

With the continual rise in electricity costs more and more massachusetts residents are considering getting solar energy systems for their homes. A recent analysis says chicago has plenty of solar potential. An average sized residential system has dropped from a pre incentive price of 40 000 in 2010 to roughly 18 000.