Is It Worth Getting Solar Panels

But it s not a straight calculation.

Is it worth getting solar panels.

With a battery system you can store. One of the biggest advantages of installing residential solar panels is a 30 federal tax credit on the total cost of a system. One downside of solar panels is that you can only use the energy generated immediately that is when you are at home putting lights on and running appliances. Start comparing solar quotes on the energysage marketplace to see how much you can save.

So are solar panels worth it for your home. That s a pretty good deal courtesy of uncle sam. However what makes solar panels worth it are the robust federal and state incentives. If a homeowner paid 18 000 for solar those panels don t necessarily add 18 000 to the resale.

The government is effectively contributing nearly 1 3 of the price of your going solar. Most property owners can break even on their solar investment in 7 to 8 years. That means homeowners but not renters can subtract the credit from the federal income taxes they owe in effect reducing the price of their solar purchase by nearly one third. Panels that are owned add some value to the resale.