We’ve been doing lots of research on solar panels these days. The idea of saving some money on the electric bill is pretty appealing, right? Are we alone in that?! But one thing we’ve found in our research is that there can be some significant start-up costs when it comes to solar energy. How do you figure out if it’s worth it in the end for YOUR family?
Adding solar panels to a home can save a family above $100 in many states, which, in 20 years can amount to savings of over $30,000. Because it can take a while until your finances begin to show the effects of solar panels, families can be wary to make the switch to green energy. ‘Do we have to put thousands of dollars down?’, ‘How much does it cost to install solar panels?’ or ‘How secure is this investment?’ are a few questions most families ask. In this post, we highlight the ease with which the switch can be made, focusing on ways to afford installation and other costs.
Solar Installations Costs Have Dropped
Between 2010 and 2016, notes Forbes, the cost of installing solar dropped by over 70%, and technological innovations have meant that panels are more efficient and cheaper to own, yet many households still haven’t made the change. Obstacles include the fact that up to 77% of houses in the US are ineligible for rooftop solar panels (because of issues like orientation or building height, for instance). Moreover, upfront costs for solar can amount to thousands of dollars, which can be prohibitive for many families.
Welcome to the Home Matters Linky Party #179! Our theme today is Earth Day – Ways to Celebrate! As most of my readers know, we moved from the city out to the country this past year, so I really feel like I have a whole new appreciation for the earth itself, and a renewed desire to protect it! This one is near and dear to my heart, folks! How about yours? #EarthDay #HomeMattersPartyEarth Day – Ways to Celebrate! + HM #179 There are SO many ways to go green for Earth Day – it can be a bit overwhelming! So I focused in on just a few ideas that were helpful to ME! I hope they help you, too!
You don’t have to be an eco-warrior when it comes to making a difference for the environment. While it may feel like big ideas are the way to go, it’s actually the small behavioural changes that add up over the long-run. This in order to make a concerted, consistent and collective effort to be more conscious about our planet.
Get with the program and harness the power of that all encompassing life force: the sun. Did you know that on average you can save up to $50 a month off your regular power bill just by installing solar panels? It’s easier than ever to switch over to solar power, with providers offering various plans and incentives to make this approach so much more accessible.