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Thread: Contemplating having solar panels installed
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Old 10-08-2021, 05:05 AM
joseppe joseppe is offline
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Quote:
Originally Posted by GrumpyOldMan View Post
Also, ask how much it will increase the value of your house, ie. will it increase the market value of your house?

And then ask yourself if you are only doing it to save money, or to decrease your dependence on the grid, or if you want to feel good about helping reduce your carbon foot print. All reasonable considerations. I am NOT saying it will do any of those things, but only that they are also considerations.
I've had solar on a previous home. It hindered the sale of the property because it was a Leased system. It did save a small amount every month, but cost of electricity was higher than our rates in the Villages. With the rates here (about 12cents per KWH) I would not consider Solar to be cost effective.