Solar Panel Performance Review
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•Business
Business & Economics
5 Years with Solar Panels - Is It Still Worth It?
61% Informative
Matt Farrell has been living with solar panels in his home for almost five years .
He says he's been doing a lot of research and evaluating of our current system versus what we're planning to get.
He has a 9.49 kilowatt solar panel array that's made up of 26 LG solar panels with end phase microinverters.
Where I live, we get one to one net metering credit off our electric bill.
We get a cheque for $ 126.22 a month for SREC payouts which expires after 10 years .
The newer programs like SMART pay out in a more measured way that helps to avoid double dipping.
Solar panels are a bit like having a metal roof covered with snow, but what happens with the snow and rain? We've saved just shy of $ 7000 of our electric bill.
The only out of pocket expense I had was the installation costs.
I'm participating in a virtual power plant or VPP in my area.
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55
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76
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