I met with a guy who builds and installs solar power panels for homes. Bottom line is that to power my home, after state and federal rebates and credits ( real cash back, not a future credit for purchases ) I’d be out about $ 9,000.00 or so.
I pay roughly $ 4,000.00 per year in electric bills. The units are guaranteed for 15 years, the inverter similarly so. Being very conservative, after 3 years and change the entire venture would be paid off ( assuming the world as we know it does not end, we don’t have a nuclear war, etc. etc. ) , and I’d be connected to the grid but not tapping into it at all, month in and month out. Because of tree growth, my sunlight exposure and power generation would be higher in the wintertime than the summertime. That’s nice, because I have an electric home and use electric to generate heat.
Has anyone done a solar power panel install for their home needs? How did it go? How long ago did you do it? What is the technology like opposed to ten years or so ago, if it has changed significantly?
Does it affect your homeowner’s insurance rates, to have two huge panels sunk into titanic pools of cement in your back yard? I will have them placed away from my house, and very far from any neighbors’ house. Still, it is a large structure. Does it affect the assessable value of your home?
This might be an IMHO, except that I am asking for hard data from other users of solar powered panels for home electric use. Mods, move if you see fit.
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