Your Questions About Solar Panels For Homes Cost Installed

Paul asks…

Hi everyone, im interested in installing some solar panels for my home, but just to make supplemental energy, for example if during the day im using 1000 watts i wanna place a 100 watt panel or something like that, just to offset some of the cost. i don’t want batteries cuz i dont have the money or much less any electrical knowledge. is it possible to this??

Donald asks…

homeowners who want to install small wind turbines and solar panels on their home?

Before the Conservatives go rambling on about government subsidies, this is something that’s happening in the private sector. The deals being offered allow homeowners (who can show that they are in good standing with their payments and not in an underwater mortgage) to take out loans (interest rates are similar to what you’d get for a car loan) for the installation of wind and solar panels on their homes. In order to qualify the homeowners have to purchase units that are pre-approved (durability issues – the loan issuers don’t want people purchasing equipment that’s cheaply made and likely to break) so there’s a preferred list of equipment providers whose items you can get the loans for. The reason this is happening is that with energy companies trying to bleed the country dry and continuously raising rates, and with the cost of components for residential wind and solar installations falling rapidly, we are reaching the point where a home wind turbine or solar panel installation can pay for itself in less than 7 years-which is the maximum term available for one of these loans.

Do you have a personal interest in alternative energy and if you could get a $7000 loan at 5.5% interest on a 7 year term to install a wind turbine or solar panels on your property would you consider that deal?
@ Vanessa – explain to me how you think a residential wind turbine is “terrible for the environment”. They’re popping up all over where I live – the ones that are on 30 to 40 foot towers with a blade-span of six to eight feet. People put those plastic owls on them just like they do with large picture windows to prevent bird strikes.

Small wind turbines do not damage the environment.
@ Barry – wind in the North, Solar in the South.