PV Gap

Larry Said:

Investing in solar power worth it?

We Answered:

Hi there

I recommend you get more information. It takes more than 2,5 yrs to make your profit back.
I your case I would get some guide be for investing.
It can be there expensive to obtain a solar power method installed by a trained, but you can organize it by hand and save many of money on installation on the start and stylish the slow run on energy bills.

Present are three options representing do-it-yourself solar. The principal of these is retail a solar power method, quick to install. The minute, a lesser amount of expensive option is to believe a solar power kit and place it calm on your own otherwise installing. The third, and by far the mainly cost-effective, option is to build your solar power method from cut.

If you pick the third option, the principal fad you need to organize is believe a program of easy-to-follow strategy, counting sufficient of expedient hints and ideas representing getting the mainly away of your just starting out method.

This option is the most excellent fine if you're really into do-it-yourself projects and obtain the period to place stylish. It command take a quantity of effort but, after you're completed, you'll obtain the satisfaction of a career well completed and you can paddle by hand on the back all month after you realize how much you've saved.

An added benefit to retail strategy to build your own solar power method is to you command be there able to reimbursement the lowest achievable outlay representing all solar panel - quite a wide benefit!

By installing your own solar power method, whichever method you pick, you command be there significantly decreasing your carbon footprint on the planet. Solar power doesn't pollute the air, ground or else irrigate and it renews itself all single daytime, the jiffy the sun comes up - even after it's uncertain.

here is a site i came across.

http://tinyurl.com/3xar3tc

Carla Said:

solar power, is it worth it?

We Answered:

It depends entirely on:

How much you currently pay for electricity. Paybacks will vary depending on your electricity costs. Be sure NOT to include the cost of any "service charges" in your cost of electricity. You will pay those regardless of how much or how little electricity you use.

What sort of incentives you qualify for. Some states have excellent tax incentive packages that will refund you thousands of dollars if you install a solar system. Other states offer nothing. The federal government also offers a tax incentive for systems installed up until the end of 2008.

What sort of "net metering" rules your utility offers. Some utilities offer you the option of effectively running your utility meter backwards. Any electricity that you don't use on a sunny day can be used on a cloudy day at your retail rate. Other utilities only pay a wholesale electric rate for excess electricity that is generated, which is much less than what you ordinariy pay.

You're right that panels should last 25+ years. Most panels offer a performance guarantee up to 25 years. You will also need to figure on replacing your inverter(s) every 10 years or so.

For details on incentive, check out the web site below. It also has some great data on net metering.

Based on what I know, your calculations sound reasonable. My calculations usually come out "real close" - sometimes the math works out, sometimes it doesn't.

Good question.