Are Solar Panels A Good Idea

How are you financing your solar panel system.

Are solar panels a good idea.

Depending on the state anywhere from 50 90 of rooftop solar installations were financed by solar leasing or ppa at the beginning of 2014 according to the seia you could say that solar leases have revolutionized the us solar industry. While solar leases and power purchase. But are they really worth it. Why leasing isn t a bright idea.

When you buy a solar panel system each will be rated to a certain number of certificates and each is worth a certain amount. 17 2015 says that potential buyers may be frightened by an existing solar lease on a home. Here are the top ten reasons why solar energy is good for your home and more popular than ever in the united states. Drastically reduce or even eliminate your electric bills.

Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. They have to meet onerous credit requirements and make payments on the remainder of the lease term often 10 20 years. Whether you re a homeowner business or nonprofit electricity costs can make up a large portion of your monthly expenses.

Solar panels seem like a good idea. Third party solar leases have proven themselves incredibly popular in recent years playing a key role in propelling rooftop solar panels into the mainstream.