Talk of The Villages Florida - View Single Post - need help choosing a solar energy company
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Old 07-28-2024, 08:48 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by tscmedlake View Post
A quick Google search will show you several but here are a couple of links:

Do Solar Panels Increase Home Value in Florida? [Your Questions Answered] | Current Home.

Do Solar Panels Increase Home Value? (2024 Guide).

Based on the MarketWatch data and my numbers, the value add would be much greater. While some buyers may shy away, consider that when buying a house with an existing system, by definition the system MUST be paid off, so the question in looking at 2 houses, one with solar and one without: “would you rather have a house that has a ZERO (0) energy bill or one with an energy bill.” We may disagree on the actual value add, but it is definitely more than zero.
Why are you generating $3,500 per year in electrical power, when your second link says that the average monthly electric bill in Florida is $128, which is only $1,536 per year? Your initial investment of $35,000, if applied to paying for your electric bill, would be enough money to pay for your entire electricity usage for 23 years, or longer if the money was invested with interest. How can you justify an initial investment of $35,000?