Are Solar Panels Worth The Investment
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Are solar panels worth the investment. Are solar panels worth the investment. This caused panel prices to plummet comparatively so while solar panels were worth it for the consumer the manufacturers struggled to make a profit. Factors like electricity rates solar panel system cost and financing method all play into how worth it solar will be for you. If you have a standard two sided roof one side will always face one of these directions as shown in this illustration.
Most property owners can break even on their solar investment in 7 to 8 years. Overseas manufacturers such as china were dumping massive amounts of solar pv onto the market. But a south west or even west facing roof could still make solar panels a great investment. If you live in an area with high energy rates and a suitable solar rating and can afford the initial investment it s worth installing solar panels in your home while the 26 tax break is in.
Though a solar panel system is a substantial investment up front over time it can more than pay for itself.