Solar offers a huge Bang for the Buck
User: dsritt@gmail.com
Vendor: SGE Solar
Action: 3357 - Go Solar
There are two major home projects required to make your home climate friendly: install solar panels and heat pumps. Solar panels offer a much bigger bang for the buck. With the 30% Federal tax credit and the $1000 Massachusetts State tax credit, my SGE Solar system will be paid for in 8 years. REC solar panels and Enphase microinverters carry a 25 year warranty. So that’s 17 years under warranty with free electricity. After my $8500 tax refund my initial $25,000 investment becomes $16,500 and my average $175 per month electric bill disappears. I still get an electric bill but now my monthly payment is zero. My panels face mostly East (not South which is optimal). They are also on the back of the house which is aesthetically appealing. Enphase has a wonderful app for your phone or website for your PC browser that allows you to track each panels production and verify their function. If one microinverter fails, the others are not impacted. If you have a singe SolarEdge inverter and it fails, all solar production is lost until it is repaired or replaced. Disclosure: Second Generation Energy made a $100 donation to be one of our 19 original Founders.
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