I was going to purchase an whole array of solar panels (a 80,000 dollar purchase) but after reading pages of pages fine print of the contract and then being LEGALLY lied to by the sales person, I decided not to and here's why. (I'm going to make this as short as I can but, still giving key points as I understand them)
- If you miss out on the payment of your solar panels, They try to put you at ease by telling you that they (company who sells you the solar panels) won't put a lean on your house but, the loaning company will.
- My objective was to buy solar panels so I didn't have to rely on the grid, not because of climate scam. Well, guess what? The local power company commandeers the power you stored or are generating during a blackout. Your access to your OWN power depends on the whim of your local power company.
- By law you cannot disconnect from the power grid.
- You have to have wi-fi so your local power company can control your own panels
- The percentage of the your battery storage limit is at the discretion of your local power company
- The salesperson does not represent the company. They are essential outside contractors. So they can make any claim that they want without the company being held liable.
- The local power company buys the energy from you at 10% of the value of the power generated
There is more but, I hope these reasons alone will convince you NOT to get solar panels
Yup! In Florida they were giving tax credits monthly instead of energy credits and people were too stupid to know the difference. Now they are angry! So the power company said they would start giving energy credits after 10 years!
That is when your panels are barely pissing juice anymore! They work like batteries in a flashlight the minute you turn them on they start diminishing.... So when there's not a lot of money to be made off of your excess energy they do not let you have, then they will give you an energy credit. Biggest rip off in the world! The energy lobby gets it this way because they didn't like people being able to reduce their power rate!
Where I live, those taxes have a 2 year time limit. That is say if you don't pay off a certain amount on your panels (this includes the power that you local power company buys from you) in two years it goes void. Not much of an incentive.