Originally Posted by CastleSteve (Post 2353686)

I've had solar for 20 years on my 3000 sq ft home with a 5 ton AC unut. My power bill has always been less than $70.00 The older panels wore out. Thery were the fist ones on market. The new ones I'm having installed product 3 to 4 times the wattage. and, so having the newer ones should last me the rest of my life. They are 92 % effient for 25 years. I'm paying cash for mine of the amount of approx.25k, but then I get a 30% tax reduction good for 5 years. My system is approx. 10kw and one of of the best panels made ( Enphase). The power rates are ridiculous increasing ever year. My retirement income is doing the opposite. I'm a retired electronic enginner and was trained years ago on solar. So I say, if you are 70 or less GO FOR IT. Above that age. ? ?

Originally Posted by CastleSteve (Post 2353686)

I've had solar for 20 years on my 3000 sq ft home with a 5 ton AC unut. My power bill has always been less than $70.00 The older panels wore out. Thery were the fist ones on market. The new ones I'm having installed product 3 to 4 times the wattage. and, so having the newer ones should last me the rest of my life. They are 92 % effient for 25 years. I'm paying cash for mine of the amount of approx.25k, but then I get a 30% tax reduction good for 5 years. My system is approx. 10kw and one of of the best panels made ( Enphase). The power rates are ridiculous increasing ever year. My retirement income is doing the opposite. I'm a retired electronic enginner and was trained years ago on solar. So I say, if you are 70 or less GO FOR IT. Above that age. ? ?

Originally Posted by Papa_lecki (Post 2353691)

How old was your first system?

My bill is about $170/month. You are saving $100/month - at $25,000; that’s a 21 year payback.

I just don’t think any system will last 20 years. Your roof doesn’t last 20 years.

Originally Posted by Fastskiguy (Post 2353687)

The sun is converting 2 1/2 million tons of hydrogen to energy every second and it doesn’t cost anything. It’s sure be nice to use a little of it!

Joe

Originally Posted by tscmedlake (Post 2353490)

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.

Originally Posted by Glorantha (Post 2353700)

We’re just over a year into having solar panels placed on our new house. With the tax break and current electricity rates, we should break even in 15-20 years. Just noticed water stain on ceiling in room under the panels. Opened ticket with solar company to come check it out, hopefully they take care of it.

Originally Posted by Lottoguy (Post 2354129)

Remember those panels will have to come down when you replace the roof. Not sure what the added expense will be but you should look into that.

Originally Posted by Lottoguy (Post 2354129)

Remember those panels will have to come down when you replace the roof. Not sure what the added expense will be but you should look into that.

Originally Posted by UpNorth (Post 2354174)

How long do you think your roof would last if you put a cover over it? Like, solar panels?

Originally Posted by CastleSteve (Post 2353686)

I've had solar for 20 years on my 3000 sq ft home with a 5 ton AC unut. My power bill has always been less than $70.00 The older panels wore out. Thery were the fist ones on market. The new ones I'm having installed product 3 to 4 times the wattage. and, so having the newer ones should last me the rest of my life. They are 92 % effient for 25 years. I'm paying cash for mine of the amount of approx.25k, but then I get a 30% tax reduction good for 5 years. My system is approx. 10kw and one of of the best panels made ( Enphase). The power rates are ridiculous increasing ever year. My retirement income is doing the opposite. I'm a retired electronic enginner and was trained years ago on solar. So I say, if you are 70 or less GO FOR IT. Above that age. ? ?