Should You Go Solar?
September 25, 2011 | By Mike Gonet | Filed under: Articles, Education, Green News, Solar Energy
There’s no doubt that a solar electric system will cut your monthly utility bill. But will it save you money in the long run? That’s a tricky question. The upfront costs average about $15,000 to $25,000 (after financial credits and rebates). For a lot of folks, the discussion ends right there. But for people who live in areas with lots of sun, high electricity rates and significant financial incentives, the payback period for a solar electric system can be less than five years. This article will pose five key questions to help you decide whether solar makes sense for you.
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