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Solar Energy: Can You Make Money From Solar Energy Panels? (1/20/2012)

in Solar Energy


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{ 2 comments… read them below or add one }

John M January 20, 2012 at 2:04 am

Generally yes. You will have to get the utility company to install a different elec meter. Any power that your solar system creates that you don’t use gets fed into the city’s power grid. They have to pay you, (or give you credit) for that power.

Installing a solar system is very expensive. It takes a long time to pay for itself, let alone “make” you money. I still like them though because its the only way to get power without robbing it from the earth, and I love the earth. Sustainability is very important to me. Furthermore, as humans continue to kill this planet, and blindly consume its resourses, cost of conventional energy sources will rise. This is when you’ll have the last laugh.

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STEVEN F January 20, 2012 at 2:46 am

Generally NO. Even if you can sell power back to the utility company, most panels don’t last long enough to pay for themselves.

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