Does It Make Sense To Get Solar Panels In 2017

Published july 11 2017.

Does it make sense to get solar panels in 2017. An average sized residential system has dropped from a pre incentive price of 40 000 in 2010 to roughly 18 000. The observations on the wildly uneconomical roof top installations are accurate. Published on 05 31 2017 in. As far as utility scale applications rather doubt they make much economic sense.

Vaguely recall semi conductors transistors were pretty expensive at first. How are you financing your solar panel system. Do solar panels make sense for chicago homes. 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.

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. With the continual rise in electricity costs more and more massachusetts residents are considering getting solar energy systems for their homes. On the other hand if your main reason to install solar is to cut pollution not save money then solar would make sense. Don t let the clouds fool you.

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. A recent analysis says chicago has plenty of solar potential. 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.

West facing solar panels get less sun than those that face south but it s not. While solar leases and power purchase. Get the most from your solar investment by seeing how much energy you produce and when. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value.

And there s never been a better time to think about making the leap. However if the solar cells ever reach a few cents per kw might work. Sense solar connects the dots and removes the guesswork.