Factors like electricity rates solar panel system cost and financing method all play into how worth it solar will be for you most property owners can break even on their solar investment in 7 to 8 years start comparing solar quotes on the energysage marketplace to see how much you can save how to determine if solar is worth it.
Are solar panels for your home worh it.
The federal government offers a tax credit of 30 of the cost of a qualifying solar pv installation.
It will take about 100 square feet of panels to provide energy to a house that uses an average of one kwh daily but only if the sun shines 24 7.
Solar panels last for a long time at least 20 25 years in most cases so even if you don t have plans to sell in the near future you can still reap their value boosting benefits when you do eventually decide to put your house on the market.
However what makes solar panels worth it are the robust federal and state incentives.
It may seem obvious but access to sunlight is important.
The return on a solar investment depends on where you live your roof s features your electric rates and who installs your panels.
The government is effectively contributing nearly 1 3 of the price of your going solar.
The easiest way to answer the question are solar panels worth it is to use our solar calculator to get an accurate cost and savings estimate tailored to your home and energy usage.
The experts recommend shopping around for solar while avoiding door to door salespeople.
If your roof is deeply shaded by trees mountains or buildings solar panels won t work well.
Today s solar panels generate about 10 watts per square foot and have a conversion to electricity rate of about 12 percent.
Unsurprisingly california leads the nation in residential solar capacity but some of the others in the top 10 may surprise you.
That s a pretty good deal courtesy of uncle sam.