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8 Pros & Cons of buying Solar panels
According to the Natural Resources Defense Council (NRDC) The US total installed Solar capacity grow to 35.8 gigawatts enough to power 6.5 million homes since prices has gone down it became viable option to purchase.
Hi My name is Ali Al-Asady I am real estate agent, where my eco friendly homes is not only my Passion but it is also my profession.
Today I share with you 8 pros and cons of owning a solar panels on your roof
Pro
Clean Energy Generated from the sun
Con
Solar Panels will not produce energy at night
Pro
Your solar panel may produce more power than you can use, which you can sell to the utility company and feed the grid it also called net metering.
Con
Utility company will purchase your access power at a wholesale price, Also you will have to pay services so long you are connected to the grid
Pro
You maybe able to became independent from the Grid
Con
With few exceptions , storing electricity option is not widely available, take a look Tesla’s batteries
Pro
Solar Panel Prices has gone down tremendously, and you have many brands to choose from
Con
It is investment, or something you have to budget for and come up with a lump sum upfront
Pro
There are incentives and rebates
Con
Rebates are subject to change like the 30% Federal Tax Credit expiring soon
Check the link below for updated incentive
Pro
You own the solar panels free and clear
Con
You own the maintenance as well, solar panel performance could be affected by dust, lighting and shades. Confirm what the warranty cover before purchasing
Pro
Owned Solar Panels will increase your house value when selling
Con
Most Real Estate agent has not caught with this fast growing market, therefore they do not know how to convey or justify the additional value or even ask for it.
Pro
A trained appraisal will consider your solar panels and give it additional value based on a special calculation and formula.
Con
Only few appraisals took the time, energy and money to increase their knowledge and learn how to evaluate Solar Powered Home, untrained appraisals will suggest that the home has no additional value, simple because they do not know how calculate it!
This was my quick 8 pros and cons of owning a solar Panel ,can you think of any other pros and cons ? Please include it in the comment below, please like share and subscribe
Until next video thank you for watching
Post time: Feb-11-2017