True Cost of Solar Panels | DON'T WASTE YOUR MONEY 

I’m in San Diego, and when I looked into solar, I couldn’t find any solar company that didn’t have a lot of negative comments online - mostly for poor warranty service - but also companies that want to own the panels they put on my roof. I was ready to buy had I been able to find a company that sells the solar system 109% to the customer - and had good customer feedback after the sale. Couldn’t find even one.

Pay $200 to the solar panel company. To not pay $160 electric bill. Makes sense……….

Solar is like anything else, if you educate yourself, you don't get scammed. When 8KW system is installed on my brand new roof, it will take 7 years at today's prices to pay off. Notice I said, TODAYS PRICES. We got a notice that electric is going up 10% by fall. The 7 years just went down a few months.

No one is talking about the additional cost to remove and replace the panels when the roof needs to be replaced do to age. 90% of people ditch the panels when the realize that they have to find a third party company (which don't exist ) to remove and replace the panels. The roofers won't touch them and the solar panel companies will only install new systems. That is the cold hard solar truth that no one want to talk about. Sorry.

The lesson here is don't be a moron, don't get scammed, solar panels actually do in fact need to point towards the sun at least part of the time to work.... If you remember that fact, you're all set to make a good investment with PV on your roof.

So how much is the cost of staying utility company

We just went solar, no up front cost, the company will work with insurance and cover the deductible (we have a high deductible) if we need a new roof, warrantied for 25 years and if we ever need a new roof during that time they come out and remove the panels at no cost and put them back on. we have a heat pump so in the winter and peak summer we will save about $100 a month on the bill

One of the companies I priced for Solar panels was $65,000 for my home, It would take me 36 years to pay for that at the cost of what I pay for my light bill now.

Here is the problem, that guy didn't have to pay someone to get on his roof. Next the system in put in a spot that gets more sunlight then her house. Next, look at where she lives. City vs rural area. Someone who lives on outside the city is going to pay way less. Did i add in the fact nobody had to get on a roof?

Here's how it works, folks. You pay for a system that is connected to the grid. Then, during higher producing months the excess energy is put into the grid and sold to other customers. The electric company then issues you credits for the lower producing months, but only enough to barely cover your winter energy costs. All of that excess energy goes into the pockets of the energy company. You just financed their operation! On top of that if the power goes out you get to rely on batteries for power. It doesn't matter if the sun is shining since your system isn't likely standalone. They have total control and are making gains off of your investment! Long term power loss and you are in the same boat as your neighbors once those batteries are dead.

Sourced on my own, I'm right at $1/watt cost for a 35kW system. That makes the ROI only at 7 years instead of 25+ if you go with a "solar company", vs self-sourced .

This isn't solar power's fault. Several thousands of people enjoy using it as their entire sole power source. However, when people do the financing plans, it often turns into trouble. Many installation companies have a hard time with good plans, and they push hard to get people to install them. If you're going to buy solar, pay for it all at once. Paying interest will kill you. Also make sure its contracted for repairs incase something fails and goes wrong.

They can start by reducing THEIR "carbon footprint 👣" first!! (If you know you know) 🤨

So a scam artist sold someone a solar rooftop in a region that underperforms and provided a payment plan with the promise of a return. Regulation needed?

The thing that gets under my skin is that some people encourage me to get solar panels installed but when I ask those people (including my own sister) how much their electricity actually costs them per month, they are rather invasive. They will tell me that they receive a very low electric bill for example like $8, $12, $15 (whatever), but what they won't tell me is how much they pay to rent the panels. However, that is very important. For instance, if your bill is $8.00 but you are renting the panels for $250 per month - in actuality you are paying $258 a month for electricity - not $8!!! I get the impression that they won't disclose that rental amount because they feel foolish or ripped off but don't want to admit it. Reply

I’m in north west England at 53degrees north. Prevailing winds are south westerly bringing clouds and rain for weeks at a time. Three bedroom semi detached house with hipped roof. Rear faces east, side faces south, front faces west. Solar panels with batteries quoted at £20,000. Even with energy costs rising, that’s about nine years worth of electricity. By which time the panels and batteries would have lost half their efficiency, we’d still have to top up from the grid, neighbours have pigeons nesting under theirs and future purchasers may be refused a mortgage.

No way in my area its much higher than this at base price

We were quoted $72,000 years ago for panels (2010 i believe) I know prices have come down, but even at $20,000 you have to factor in the fact that the panels are only good for 15 years, then they need replaced for another 20,000. You willl always have a payment its like owning a car..😢

you saw how many panels the guy had

The ones that praise them either got them cheaper or else they work for the company.

My home is 624 square foot home with gas heat. My electric bill is under $50. Going solar would be a $100/month payment. The disabled and retirees don't get the discount.

two questions. Do you own your home? Do you have an electric bill? Bingo!

Solar is not for everyone I called told them I did not want them installed on my roof but on the ground.

🌞 Every home is perfect for solar! Harness the power of the sun and reduce your carbon footprint. All you need to get started is to know how many kWh you use daily. With this info, you can build the right system to meet your energy needs, save on bills, and contribute to a greener planet. 🌍☀

why not just install yourself??

that lady paid $20,000 fo r so few panels?? criminal

I hear more horror stories than people saying it is worth it.

Why do you title your report in a way that is not the truth of the report itself. Solar is great for some homes, & that truth you state yourself in your report is not in the title of your report. A sensationalized title that is not reflective of the truth in your own report? Very irresponsible reporting……

Research the contractor you hire. That's all people. Don't hire a shyt contractor that won't be there when something needs to be fixed or replaced.

Don't get batteries and if you can install it yourself.

The biggest scam of this century is the solar power system. An average solar system costs at least $30,000 and claims to produce a zero-dollar electricity bill, but in reality, this never happens. In my experience, I installed a solar system capable of producing 30 kWh, but there was no change in my electricity bill. I disconnected my solar system for 10 months, and there was still no change in the bill. When I reconnected it, nothing changed. Does this mean the system is faulty? If it only happened to me, it might be an isolated issue, but the same thing happened to two of my friends. They installed a $90,000 system and are still paying the same amount on their electricity bills. The apps provided by solar companies are just animations. These apps should be audited because the data they show about production is not accurate. What is happening? I have no idea. Electricity production used to be the responsibility of electricity companies, but now consumers are producing it and not benefiting from it. In reality, it doubles the cost: you have the electricity bill from the company and the solar loan payment. Who cares about this? Solar companies are robbing money with the help of government agencies. The average life of a solar system is 20 years. Even if the system works, it's not beneficial because the money spent on the loan and interest could cover 20 years of electricity bills, including inflation. If your solar system fails after 10 years, consumers have to pay out of pocket to fix it. Solar is a total scam. Please don't fall victim to this.

Don't waste your money

Another video about solar panels that didn’t help people wanting to know more about solar panels

This is more about a lady who got scammed than the true cost of solar panels. This says nothing about that.

This was weird tv, no detail from anyone featured just statements and edited sound bites! What a dodgy news outlet! 😂

Clickbait AF lol

So really the video should have been titled, "Potential pitfalls of Solar - be informed before you buy". Why admit that solar can be an outstanding investment, that it's inflation-proof and that many thousands of people are saving huge sums, but title your video, "True cost of Solar / Don't waste your money." Disingenuous click-bait. This is why the internet sucks.

This is such a BS story.

Bet he’s paid well!

I saved more money by waffling my roof.