Is It Worth Getting Solar Panels On My House

While it is up to each of us to decide the best way to spend our hard earned money residential solar panels compare very favourably to other traditional forms of investment.

Is it worth getting solar panels on my house.

The primary reason why many people choose to move forward with solar panels is the fact that they can help you save a lot of money on electricity. In some cases you can actually get reimbursed by the power company because your house is so energy efficient. Solar panels have an expected life span of about 25 years. When trying to determine if solar panels are worth it for you consider the size direction pitch and the amount of shading your roof has.

The size of your roof. Factors like electricity rates solar panel system cost and financing method all play into how worth it solar will be for you. How old is your roof. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study.

There are a number of factors that determine how suitable your roof is for solar panels including. The pitch of your roof. With a solar payback period of between 4 10 years this represents a simple investment return of between 10 25. Solar is a good thing but it s complex and people really need to understand what they re getting into explore whether your state offers its own tax incentives.

Find everything you need to know about solar panels and solar installation costs. How much of your roof is shaded. Are residential solar panels worth it for my house. Almost everyone who installs solar panels sees a reduction in their electricity bill.

Rebates low interest loans and grants may also be available.