Are Solar Panels A Good Investment 2015

They reduce your electricity bill.

Are solar panels a good investment 2015.

How much money you save depends on key factors however. But are solar panels a good investment. Leasing solar panels is more a business for investors to get a greater return on their investment dollars than spreading solar as an energy alternative. While it can support the latter claim the rules for breaking a lease are mostly draconian and leaves you with additional costs when you sell buy the home or replace the underlying roof.

Solar panels have an expected life span of about 25 years. In many locations solar power is a. Generally solar panels create enough energy to power your whole house. Are solar panels still a good investment in 2015.

1 year later. The positives about them. It was very exciting for us as it is something i wanted for a very. In case you didn t know if you were thinking of installing a solar pv system the government feed in tariff has just reduced.

Rebates low interest loans and grants may also be available. Not only do you earn a considerable return on your investment after a few years but you also contribute towards the betterment of the environment and demonstrate your commitment to sustainability. 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. Though a solar panel system is a substantial investment up front over time it can more than pay for itself.

The feed in tariff is now closed for new applications. To find out about the new scheme designed to replace it click here. If your bill is particularly high then it could reduce significantly. The rising cost of electricity combined with the declining cost of solar panels and systems the last few years makes investing in solar energy a no brainer for homeowners.

I can finally figure out our exact return after one year of it working. The system was installed right before new years last year. 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. How old is your roof.

So i have officially had our solar panels on our roof for a year now. Determining whether to install a pv solar system may seem like a daunting task but it is important to remember that such a system is a long term investment.