Is It Worthwhile Getting Solar Panels

If you don t use the power as it is generated it is fed off to the grid and you will get paid a small amount for this from your energy retailer.

Is it worthwhile getting solar panels.

If the technology is relatively new and the panels generate substantial savings they could push up the value of your. In almost all cases for almost all homes yes it s still worth it he said. However what makes solar panels worth it are the robust federal and state incentives. 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.

With a battery system you can store. The government is effectively contributing nearly 1 3 of the price of your going solar. The federal government offers a tax credit of 30 of the cost of a qualifying solar pv installation. That s a reflection of the fact the price of the actual panels has gone down and the capacity of the solar panels has gone up.

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. That s a pretty good deal courtesy of uncle sam. Solar power is fed into the home to be used as it is generated so by using solar power you are not buying power from the grid. 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.

Ok so is getting solar still worth it. One of the biggest advantages of installing residential solar panels is a 30 federal tax credit on the total cost of a system. So yes solar power is worth it.