As energy prices continue to soar across the country, many homeowners are looking for easy ways to reduce their monthly bills. For some, that means weighing their options regarding solar power.
One Redditor took to r/solar to ask the community for advice on whether they should buy or lease a solar panel system. Their biggest hiccup was the fact that they didn't plan on staying in their current home forever.
"Power bills have been climbing every year and I'm trying to decide if solar makes sense long term or if I'm just reacting to high utility rates," the original poster wrote.
The installation of solar panels can be one of the best ways to help offset rising energy bills and better protect you and your family against power outages, especially when paired with battery storage systems. Check out TCD's Solar Explorer to get a better understanding of your options and potentially save up to $10,000 when going solar.
Down in the comments of the Reddit post, some users tried their best to offer unbiased advice.
"It's wholly dependent on your situation," noted one commenter.
"In my case, it was more practical to buy, I bought outright," wrote another user.
Smart upgrades that slash monthly energy bills
Upgrading your home and improving your energy efficiency is easier than you might think. And with an assortment of options, you can find a plan that works best for you and your home.
Get $1,000 cash to slash your bills with rooftop solar panels for $0 down and low monthly payments Whatever your solar budget, Palmetto can help you save. If you want to buy your own panels, Palmetto's advisors can help you save up to $10,000 on installation through a network of preferred installers. And if you'd rather get solar savings without upfront costs, Palmetto's revolutionary LightReach subscription program can deliver — including an exclusive $1,000 cashback offer for TCD readers. LightReach lets you lease solar panels with no money down, making it painless to lock in long-term savings of up to 33% off your current power bill. Palmetto covers a 25-year warranty for the panels, which means you'll get reliable performance without unforeseen costs. To get started, just book a short meeting with Palmetto's experts to explore your options and find the solution that's right for you. |
• EnergySage can help you save up to $10,000 on installations by curating competitive bids from local installers
• Not ready to spend up front? Palmetto's $0-down LightReach solar leasing program can lower your utility rate by up to 20%
• TCD's Solar Explorer makes it easy to access exclusive offers from preferred partners
Pairing solar panels with electric appliances, such as efficient HVACs, can help lower your bills even more. TCD's HVAC Explorer makes it easy to find the best HVAC system for your home and budget, saving you up to 50% on your energy bills.
Still looking to save some extra cash? You can download the free Palmetto Home app to unlock up to $5,000 in rewards for home improvements by completing energy-saving challenges. The app also allows you to track and manage your home's energy use to improve its overall efficiency.
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What's the most you'd pay per month to put solar panels on your roof if there was no down payment?
Click your choice to see results and speak your mind. |
$200 or more 💰 
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