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| General Discussion Please read our Forum Rules before posting Feel free to talk about anything and everything about money. |
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Does anyone here use solar energy? With energy prices getting so high, I was wondering if solar energy would start making sense. What are the initial costs and how long does it take for a system to pay for itself? Are there any major disadvantages to solar energy systems?
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I had solar hot water until our solar hot water heater decided to blow a fuse. It couldn't be fixed and would have cost us about $5k to remove the old one and replace it with a new one. Needless to say we didn't because of the outlay of costs. We also have huge solar panels on our roof that came with the house and I am sure were a huge expense.
We are in Boston and could only use the solar hot water from April to October/November. It saved us about 25% on our electricity bill. |
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This environmental discussion forum might be of interest to you guys. I think they had an American lady sign up recently offering free quotes for solar energy panels.
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