Is It Worth Installing A Solar Panel?

March 13, 2008 at 9:23 am Leave a comment

Here are some negative facts about the use of solar energy:

Outfitting a house to harness solar power requires a few more calculations than plugging a home into a utility’s electrical grid.
Installing solar panels is expensive. In the typical residential scenario outlined below, it would take 14 years for a solar system to pay for itself. Customer demand is expected to rise, however, as technological advances make solar power more affordable.
3 kilowatt solar panel energy system
Produces: 3,450 kilowatt-hours per year
Size: Panels cover about 300 square feet
Materials and installation: About $20,000
Savings: $327.71 per year, plus $13,500 rebate

Read more here

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Entry filed under: Solar Energy.

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