Save money with solar panels

Save money with solar panels

There are 1 comment on the Examiner.com story from Jun 29, 2014, titled Save money with solar panels. In it, Examiner.com reports that:

Installing solar panels can be a great way to reduce your carbon footprint, but it can also be a good way to save money on your energy bills.

Join the discussion below, or Read more at Examiner.com.

Solarman

La Quinta, CA

#1 Jun 29, 2014
"Generating your own electricity. The main thing that most people think of when they consider solar panels is the ability to generate their own electricity without having to rely on the local power company. "

Over the years, the average increase in electricity rates has been about 1% per year for at least the last 30 years. Now they come in spurts of 5%, 6%, 7%. The Electric Utility will want a 10% rate increase, the PUC allows 5% and pats themselves on the back.

You can get a pretty good sized system on your home for around 30K installed. If you put that 30K in the bank and the bank invests it for their gain and gives you a paltry 0.5% to 1% interest. If you put that 30K on your roof as a solar PV system you decrease or eliminate your electric bill for life.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Alternative Energy Discussions

Title Updated Last By Comments
News Why it Matters: Climate Change 48 min Earthling-1 30
News City of 10,000 Buddhas turns to solar energy to... 2 hr walterd 1
News University of Waterloo Chemists develop promisi... 18 hr Solarman 1
News Wind farm project completed in Starr County 21 hr blacklisted 1
News Solar power growing rapidly as prices tumble an... Sun Solarman 1
News Warren Buffett is both right and wrong in solar... Aug 27 Solarman 1
News Batteries Win Biggest Energy Storage Competitio... Aug 27 Solarman 1
More from around the web