Are Solar Panels A Good Investment 2015

In case you didn t know if you were thinking of installing a solar pv system the government feed in tariff has just reduced.

Are solar panels a good investment 2015.

Solar panels have an expected life span of about 25 years. To find out about the new scheme designed to replace it click here. Are solar panels still a good investment in 2015. 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.

It was very exciting for us as it is something i wanted for a very. How old is your roof. 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. Generally solar panels create enough energy to power your whole house.

The positives about them. Though a solar panel system is a substantial investment up front over time it can more than pay for itself. Rebates low interest loans and grants may also be available. 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.

With the declining initial solar panel installation cost increasing electricity bills and government backed solar incentives solar panel investment is definitely worth considering. So i have officially had our solar panels on our roof for a year now. 1 year later. 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.

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. How much money you save depends on key factors however. Solar panels is it a good investment. But are solar panels a good investment.

I can finally figure out our exact return after one year of it working. The feed in tariff is now closed for new applications. They reduce your electricity bill. The system was installed right before new years last year.

In many locations solar power is a. 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.