Are Solar Panels A Good Investment 2015

So your total installation cost would go down to 13300.

Are solar panels a good investment 2015.

The feed in tariff is now closed for new applications. Nov 11 2015 is solar power a good investment. In many locations solar power is a. Generally solar panels create enough energy to power your whole house.

Though a solar panel system is a substantial investment up front over time it can more than pay for itself. Are solar panels still a good investment in 2015. In case you didn t know if you were thinking of installing a solar pv system the government feed in tariff has just reduced. It creates solar investment funds by taking on board a few small sized solar companies.

Rebates low interest loans and grants may also be available. Itc is a law put forward by the legislature in december 2015 that allows a taxpayer to claim a 30 credit of the total cost of the installation of a solar pv system. According to the international energy agency global renewable energy capacity is on track to expand by 1 200 gigawatts gw from 2019 to 2024 with solar powering 60 of that. How old is your roof.

While solar leases and power purchase. Are solar panels a good investment. Being a proper investment platform wunder capital serves as a bridge between investors and solar energy projects. April 13 2015 update.

Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. Although wunder capital is a financial technology company it manages almost every aspect of the investment process. Solar is a good thing but it s complex and people really need to understand what they re getting into explore whether your state offers its own tax incentives. To calculate the solar panel roi you can expect you need to get a get a customized quote for your specific installation.

While every province offers some form of solar subsidy the one i m most familiar with is the ontario. In times of stock market volatility low and sometimes negative interest rates solar power with its high yield and low volatility can be very tempting. Regardless of individual circumstances however the savings are significant. So for an installation cost of 19000 you will get a 5700 tax credit.

To find out about the new scheme designed to replace it click here. Solar panels have an expected life span of about 25 years. How are you financing your solar panel system.