Are Solar Panels A Good Investment 2015

Being a proper investment platform wunder capital serves as a bridge between investors and solar energy projects.

Are solar panels a good investment 2015.

While solar leases and power purchase. In case you didn t know if you were thinking of installing a solar pv system the government feed in tariff has just reduced. Are solar panels still a good investment in 2015. Though a solar panel system is a substantial investment up front over time it can more than pay for itself.

While every province offers some form of solar subsidy the one i m most familiar with is the ontario. In many locations solar power is a. Although wunder capital is a financial technology company it manages almost every aspect of the investment process. 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.

To calculate the solar panel roi you can expect you need to get a get a customized quote for your specific installation. Determining whether to install a pv solar system may seem like a daunting task but it is important to remember that such a system is a long term investment. Are solar panels a good investment. April 13 2015 update.

Generally solar panels create enough energy to power your whole house. 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. Whether you choose to buy or lease your solar panels will have a major impact on your system s long term value. Nov 11 2015 is solar power a good investment.

So your total installation cost would go down to 13300. The feed in tariff is now closed for new applications. How old is your roof. So for an installation cost of 19000 you will get a 5700 tax credit.

Regardless of individual circumstances however the savings are significant. To find out about the new scheme designed to replace it click here. It creates solar investment funds by taking on board a few small sized solar companies. How are you financing your solar panel system.

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. The amount of money you save by investing in solar energy varies depending on factors including where you live the incentives available from your state government and the type of system you install. Solar panels have an expected life span of about 25 years.