@dandanzhudg: Replying to @voiddoiv this is a popular scam that largely traps the elderly and financially uneducated people. Solar panel sellers and leasing companies have SUCH A BAD REP - for good reason! #scam #scams #financialscam #beware #buyerbeware #solarpanels #solar #solarcompanies #costsavings #lies #homebuyer #homebuyingtips #psa #realestateinvestor #realestateinvesting #scamornot #homes #realestateinvesting101
I looked into years ago. it would take me 15 yrs to break even. By then they would degrade. in NY I am not allowed to produce more than 80% electric because the electric company does not want to have to pay you.
2025-07-08 14:26:57
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Lawrence :
We do solar on every one of our homes. Generally you’re prepaying for electricity for the first 6 years or so, and then it’ll start paying back. It’s completely optional, but I do agree the marketing can be quite obsessive, fear mongering.
2025-07-09 04:32:39
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BanditMP :
my roi was a little over 7 years, installed Feb of 2017 no issues and warranty is 25yrs. never had a bill since in stalled and even if the solar panel die exactly on the 25yrs I would get 18 years of free electricity.. I over sized my system to include degradation and a ev..
2025-07-09 00:46:43
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John8103 :
It is a worthwhile investment for me in greater Boston. I had them installed 9 years ago for 32K. Saved 10K in federal and 5k ish in MA state tax. The SRECs have paid out 17k so far and still going. Energy savings amount to 2K per year.
2025-07-08 19:40:59
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Mugatu :
People do get scammed, but it doesn’t mean solar is a scam. They get scammed by door to door salesmen and don’t go get 3 quotes. A good deal can break even in 5-7 years. Bad ones take much longer.
2025-07-09 03:19:32
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MalteseLulu :
It's not about saving money. It's a back up for loss of electricity. We are so grateful we could afford the panels for times of black outs.
2025-07-08 18:13:21
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calicotton :
We paid cash for ours so no added interest and our electricity bill went from $300-$1500 a month to only $10 a month. 100% worth it for us, but maybe not have to finance it.
2025-07-08 18:28:32
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SoCaLN8iVe :
Maybe in the north east but it makes sense in SoCal.
2025-07-09 01:47:48
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Matthew :
imma do diy, will save me from having a monthly bill for materials and a much lower power bill, as long as I can get 1:1 net metering
2025-07-09 03:11:05
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user7578160490790 :
Mam, I live in California with high prices for electricity. Purchased solar and has been financially game changing for me and my family. We also drive 2 EVs and have a hot tub. I pay on average $100 a month where a friend without solar and no EV was paying $2k a month.
2025-07-09 00:03:04
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Abby Taylor/7kids♥️♥️🙌🙌😘 :
Gm, Thank you for replying. Thanks again for the info. Momentum keeps calling phone every day 2-3 times a day. I even tried sun run solar and they had 2 different price’s. But I think it would benefit me, I’m not sure what to do. That’s why I came on here to see what was ppl intake on solar company’s. Are u in contract, did you buy yours , or finance it?? I’m trying see what’s the best option. That’s ppl scaring me on here. I have PSEG light company . Man my bill was high for this month. 500 that a lot.
2025-07-20 13:03:25
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Laz :
I don’t bother with any house that has solar. Nightmare to close
2025-07-08 13:54:48
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TasmanDog :
In Australia they easily payback in a few years. 1/3 of all houses have them 🤷🏻♂️
2025-07-10 02:26:53
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Cowboysfan1 :
I have a small Tesla system and paid 6500 after all the discounts. I am happy with it so far.
2025-07-23 01:54:18
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Shay Travelz :
I love mine! Even with the loan payment, my bill is much lower than PG&E was charging me.
2025-07-09 02:17:34
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abbyronquillorealestate :
What are you talking about?? My house already came with 32 solar panels. Our electrical bill is sometimes negatives
2025-07-09 14:07:34
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MH :
I LOVE mine. I pay $120/no for them and $0 in electricity in northern CA so...
2025-07-08 20:51:37
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Just Fitness Guru :
Agree as a CA homeowner. Zero sense to own solar.
2025-07-09 01:28:24
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rickety6 :
We got solar two years ago and haven’t had a power bill since. We’ll break even in 5 more years.
2025-07-09 12:25:24
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voiddoiv :
Yeah. It's really not about saving money because the technology and upkeep is expensive. It's about increasing the use of alternative energy systems via programs that suck people in
2025-07-08 16:33:43
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The_Endodontist :
My break even was about 4.8 years and it’s been a good investment since
2025-07-09 04:24:12
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mrbmg2068 :
Never rent solar! Solar only pays off if you own them!
2025-07-08 23:34:02
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mrbmg2068 :
You are mostly correct. If your electric bill is less than $200, the solar is not worth it. but if you $1500 a mo.
2025-07-08 23:31:10
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Apple :
Had mine in Az since 2009. I save 2500-3000 a year paid $15K
2025-07-08 17:40:39
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paytonronnis :
solar panels are only if you want to live totally off the grid (in which case it's a lifestyle decision). the monetary case for them is trash and relies on stable laws re tax and utilities/sell back (which are inherently unstable and subject to significant change in law risk).
2025-07-08 13:48:07
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