Does It Make Sense To Get Solar Panels In 2017

Vaguely recall semi conductors transistors were pretty expensive at first.

Does it make sense to get solar panels in 2017.

While solar leases and power purchase. With the continual rise in electricity costs more and more massachusetts residents are considering getting solar energy systems for their homes. However if the solar cells ever reach a few cents per kw might work. Sense solar connects the dots and removes the guesswork.

Get the most from your solar investment by seeing how much energy you produce and when. 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. 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. Don t let the clouds fool you.

A recent analysis says chicago has plenty of solar potential. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. An average sized residential system has dropped from a pre incentive price of 40 000 in 2010 to roughly 18 000. Compare that to your home s energy use to see how you can shift large loads and minimize what you buy from your utility.

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. 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.

It just wouldn t make economic sense assuming you own rather than lease the solar panels. And there s never been a better time to think about making the leap. 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. 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 payback period to recoup the cost of the system would simply be too lengthy. Published july 11 2017. Do solar panels make sense for chicago homes.