- papasteveLv 61 month ago
The issue is if you are in the right position to afford it. You need a house and energy expense big enough and you need to make enough money or have enough money to afford it. A house needs to be 2000 square feet, to spend the $3,500-$5,000 for a big enough set of solar panels, and the generator unit to hold and store the energy to use and sell back to the electric company.and another $1500 to maintain the system, until it pays you back. So you to have the money up front. With the average energy bill around $100 a month. for the average house, it would take 6 yrs to, paying no electric bill, to pay off the price of the system, and maintaining the system. After 6 yrs, it will then only cost you to maintain the system $30 a month but you will be selling electricity back to the electric company where you will cover the $30 and make $70 a month. Unfortunately, I am not sure if the solar panels on a house sells well, So if you do not plan to stay in the house for at least 6 yrs, you might lose some money. And would not make enough to spend $5000 up front you would need to stay at least 10 yrs. Meaning you could have made the same amount in interest if you put $5000 in to stocks, for 5 yrs. Now a bigger place like like the white house it cost almost $20,000. And it took less then 2 yrs to pay off the cost, and make a few hundred each month, Yet our current President Trump, removed the solar panels from the white house and not only threw them away, losing the money it was paying back, wasted the a solar until still worth about $12,000. it cost over $10,000 to remove the solar unit.
- pattyLv 51 month ago
expensive to set up but keeps your power bills low
- R KLv 72 months ago
the pros are you can make your own energy if you live where there is a lot of sun.
the cons are it's very expensive to put in and unless you have very high electric bills
already, it isn't worth the cost. it will take a very long time to recoup the cost of the system.
- What do you think of the answers? You can sign in to give your opinion on the answer.
- MardukLv 72 months ago
It is expensive and I don't believe that the energy to make them is paid back by what they give back. If I am wrong, please let me know. Last I read it would take 40 years to break even and they don't last that long!
- 2 months ago
Pays off relatively quickly
Cheap to install
Excess must be sent to grid or wasted
- 2 months ago
pro: it work good. con: IT TOO HOT, BRO!!