Why Solar Panels Dont Make Sense

Why solar panels are ideal for commercial operations.

Why solar panels dont make sense.

However much of. While solar leases and power purchase. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. They may work in california but solar panels in illinois don t work.

A major drawback to rooftop solar is that it produces peak power around noon before it s needed for afternoon system peak. At the end of 2016 solar power became the cheapest energy source in the world surpassing wind and its fossil fuel counterparts like natural gas. Wouldn t it make sense to have a self sustaining charging capabilities. Much of the excitement around solar energy in the 21st century has been due to its rapid decline in price across the globe.

If you have enough to make a purchase in cash you ll save more than with any other option but even with a 0 down solar loan your savings could still be in the tens of thousands. Additionally there is evidence homes with solar panels sell faster than those without. It just wouldn t make economic sense assuming you own rather than lease the solar panels. Now california is incentivizing solar installers to turn the panels more towards the west southwest.

Alongside the cost of panels and the amount of energy you can produce another major factor on whether or not solar makes sense for you will be just how much you are paying for retail energy prices. I hear these kinds of statements all the time from potential customers or people who have learned that i m in the solar energy business. Why don t electric cars have solar roof s asked one person in the no stupid questions area of reddit. On the other hand if your main reason to install solar is to cut pollution not save money then solar would make sense.

Having small deep cycle batteries as backup for the solar panels might be an expensive necessity at possum lodgebut in suburban north america that type of installation doesn t make a lot of sense which is probably why almost nobody does it. It s too cloudy for solar panels in chicago. And while the cost of solar panels has dropped more than 70 since 2010 according to the solar energy industries association batteries can cost as much as 10 000 to 15 000 including installation according to solar united neighbors.