Is It Viable To Make Own Solar Panels

However it can still be a big investment upfront even if you take advantage of the many tax credits and rebates.

Is it viable to make own solar panels.

Alternatively the price or performance of solar pv has to increase by a factor of 4. It isn t impossible for solar pv to be viable but the price of natural gas would have to increase by a factor of at least 4 and the trend has been the opposite direction. So i saved a large portion by building my own solar system since a commercial solar panel would have cost 400 on up for just the solar panel itself. Factors like electricity rates solar panel system cost and financing method all play into how worth it solar will be for you most property owners can break even on their solar investment in 7 to 8 years.

If you live in an area with high energy rates and a suitable solar rating and can afford the initial investment it s worth installing solar panels in your home while the 26 tax break is in place. Find a local installer. Overall the project was a fun experience and the total amount of money that i spent was around 400 500 which includes the battery charge controller and deep cycle battery. Then i was surprised to learn that solar panels have become way more affordable period.

But much like adding insulation going solar can be a. It can cut down on your energy expenses and raise the value of your home. Generally professionally installed solar panels cost from 6 to 8 per watt depending on the area you live in. The average home in bc can generate 4 400 kwh of electricity in a given year which is enough power to keep something like a large scale home entertainment system running for up to four years.

Building and installing grid solar power panels yourself is still a viable option if you plan on using all of the energy produced by your solar panel system or if your property is off the grid although the financial rewards will be significantly lower given the lack of the fit generation and export tariffs.