I've had a Tesla (SolarCity) system since 2016 and I still owe almost $8k on it. It grossly underproduces what it was designed for and while my monthly payments are fairly low, it often doesn't cover the interest on the loan. Fortunately I got in during the solar tax credit so it could be a lot worse. At the average monthly payment for what it produces, it will take me 22 years to pay off the loan (not including interest).
I'm planning on using solar in the house I'm building but it will be DIY or purchased outright from a local vendor.
Poor and lower-middle class people aren't buying brand new homes anyway. However, despite the fact that not all segments of society can afford such changes, in general, I believe that this is the right law. We think about our planet last and if this continues will be a very sad end. I recently watched a very interesting BBC film about our planet and what awaits us if we don't change our attitude. After watching this movie, I decided not to delay any longer and install solar panels. The guys from a1solarstore did their job in a few days and now I am very happy that I was finally able to realize my long-standing dream! Anyway, do you know how does solar panels work?
If rooftop solar can make economic sense using on-demand electricity prices, like a normal power producer, and installation companies take responsibility for the monitoring and maintenance of the system, perhaps with neighborhood micro-grids, then maybe I’d be a little more optimistic. I don’t think we’re there yet though, or at least not at my latitude.
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The main thing to remember about solar panels is that they are not for everyone. It's important to note that the upfront cost of a solar installation is not the only expense you'll check business solar system when choosing to go solar. You will also need to factor in additional costs such as maintenance, monitoring, and repair, which can add up quickly over time.
-- Edited by WillMcLaurin on Thursday 24th of November 2022 01:34:32 PM
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