If something sounds too good to be true, it usually is. A Reddit thread discussed the reality of how much adopting solar actually stacks up to the grandiose promises made by sales reps working for commission.
Contributors to the thread on r/SolarDIY shared stories of their experiences after the original poster wrote, "I dug into the real numbers."
The opening post revealed that a sales rep had told the OP that they'd save "thousands a month" — a claim the Reddit user described as "bold." While skeptical, they checked out the real numbers and said they "found something even more rewarding, if less flashy."
The OP noted they'd be on course to recoup their outlay within four to six years. They added that "panels work their magic gradually" and act as a bulwark against soaring energy prices nationwide.
The responses were similarly measured. The savings were still impressive, but it wasn't just about the cost.
As one reply read, "There's probably more lucrative financial investments, but combining long-term savings and environmental impact, I don't think there's a better way to make a choice with your money."
One noted that "P&GEs crazy price increases" brought their payback period forward by a year: "I experienced a 5-year payback and am saving $4,500 [per year] currently."
The amount of savings will naturally depend on the location; for high-energy-cost states like Hawaiʻi and California, it can exceed $100,000 over 25 years.
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Getting started can be intimidating, but with TCD's Solar Explorer, all the details are at your fingertips. It's possible to save up to $10,000 on installation costs with vetted installers. With EnergySage, you can be sure you're taking full advantage of all available incentives on solar installation. If that initial expense is an issue, though, Palmetto's LightReach program can connect you to a panel lease with zero up-front costs.
We all know our energy bills are highest in winter and summer. An energy-efficient HVAC system can eat into those costs significantly. TCD's HVAC Explorer makes it easy to find the best option for your home. Before you upgrade, check out Palmetto's free Home App. It can put up to $5,000 in rewards back in your pocket after you make home upgrades.
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What's the biggest thing stopping you from going solar? Click your choice to see results and speak your mind. |
The cost 💵 With the rise of extreme weather events, there's another important aspect to going solar: increased protection from power outages.
As one comment pointed out, "There are non financial returns from solar. The first being your contribution to the reduction of carbon in the atmosphere. The second, if you have batteries, being resilience."
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