Free Solar Panels Depends On Your Return On Investment

In the sense that sunshine is free, renewable and environmentally clean, solar energy has major benefits. But free solar panels that work efficiently to turn this free energy into electricity don’t exist. At least I’ve yet to learn of any. Even if you were to build your own green energy system you'd still pay for the materials and the installation kit, and possibly the professional advice you may need. The only way to actually get free solar panels is to consider them from the perspective of the return on investment. Here is how things really stand after you've put a lot of money into an ecological energy generation project.

First of all, if the energy produced by a solar system covers around 80% of the needs in a household and you install a very good model, then you will get all your money back through the savings you make from the electricity bill monthly. We could talk about free solar panels in term of a "re-funding" that the system works on your budget. The real return on investment is obvious within perhaps two years in the case of a very sophisticated and ultra modern solar system, or up to five years if you've purchased an average one.

Moreover, contributing to concept the free solar panels, governmental policy works to your advantage. People who decide to install solar panels are supported by the US government by a tax credit or rebates. This means that you will pay significantly lower taxes because a percentage is deducted from your tax bill as a means to reward and support you in the decision to go green. You only get to take advantage of such conditions when you install the system for the first time. When you add some more panels over time the situation no longer falls under this regulation.

Last but not least, the Internet is full of ads that read free solar panels, when in fact they are referring to the do-it-yourself kits available. Yes, they are dozens of times cheaper than the regular ready-made variant, but they surely don't have the same efficiency rate. With a homemade panel you cannot expect to cover all of the needs of your house, and the lifespan of the device is surely questionable. If you go for these kinds of free solar panels take all the precautions necessary for building a reliable and safe system.

Many recent technological advances in solar cell and solar panel design also make for much more efficient system that those of several years ago. So beware of committing time and effort into free solar panels systems that aren’t going to provide the benefits that you want.

For more information see our beginner's guide to solar panels