added by
sammymagee to
roof (10 months ago)
Pros: Today's solar panels are less expensive than they once were, can be fitted onto many styles of existing roofs (that part of your roof facing south is most important) and can potentially save you a big chunk of change on your energy bills in the long run.
Cons: The initial installation costs are still quite high, and you won't recoup your investment with energy savings for many years. So if you are planning to move anytime soon, it could be wiser to wait to install solar panels on your next home.
-Location: If where you live is rainy and cloudy more than it is sunny, don't invest in solar panels to save money. The monetary payoff will never happen.
-How much electricity you need: This will determine how much hardware will be required to be installed. It has an extremely high setup fee, but solar panels can last up to 40 years. Eventually the cost can be made worth it. However, think about how quickly technology has evolved. Do you think in 40 years your solar panels will be as effective as a current prototype? Do you think they will work as well as when they were installed?
-Are you looking to save money or reduce your carbine mission: The air quality improvement and reduction in carbon dioxide emission can be a real benefit, if you are not solely concerned with saving money.
All in all, depending on the location of your house, solar energy potentially can benefit you. There are some tax breaks, but the restrictions can be strict. And I haven't heard much in terms of resale benefits.
Other things you could try:
-Make sure your house is well insulated
-Install efficient windows and appliances
Has anyone on Houzz installed solar panels? I would love to hear your personal experience with them, as this is a subject that I am not super familiar with.