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
I purchased a 52 panel solar power system in 2017 and had it installed on my house in Southern Louisiana. It was great for the first two years. My electricity bill went from over $300 per month in the summer to an average of $150 per month. In fact in 2018 my largest electric bill was $190. In 2019, the Louisiana legislature and the Public Service Commission changed the law that the electric company had to purchase any excess electricity that a consumer generated at the same price the electric company sold it at. Now the law states that they have to purchase it back at a third of what they sell it for. This is the reason they changed all of the meters across the country in the last five years. No more net zero meters and back to charging you out the whazoo.
Good things never last. Always some cockroaches out there making sure it doesn't