Howdy all!
I was considering adding solar panels to our home and utilizing the Government (tax rebate) for installation. I am skeptical of all the "benefits" sales people say about it and need some real life examples.
As I know I expect to pay a monthly bill (replace the electric bill) that basically pays for the system and install until it is paid off. During this time I should have NO payment due to the electric company.
They really push the fact you will get a %30 percent tax deduction if installed by end of this year? Truth? I can put this money right back into the system cost if true.
They all say that the value of the system would add that value to your house (VERY VERY SKEPTICAL OF THIS) If I installed a $40K system, I have basically paying for power not an upgrade on the house, but unsure if this would translate to an increase in home value. Again I dont think it would, but dont know anyone who has done this or sold a property with a system such as this.
Any feedback or experience would be greatly appreciated.
Thanks,
Shane
I was considering adding solar panels to our home and utilizing the Government (tax rebate) for installation. I am skeptical of all the "benefits" sales people say about it and need some real life examples.
As I know I expect to pay a monthly bill (replace the electric bill) that basically pays for the system and install until it is paid off. During this time I should have NO payment due to the electric company.
They really push the fact you will get a %30 percent tax deduction if installed by end of this year? Truth? I can put this money right back into the system cost if true.
They all say that the value of the system would add that value to your house (VERY VERY SKEPTICAL OF THIS) If I installed a $40K system, I have basically paying for power not an upgrade on the house, but unsure if this would translate to an increase in home value. Again I dont think it would, but dont know anyone who has done this or sold a property with a system such as this.
Any feedback or experience would be greatly appreciated.
Thanks,
Shane