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Are solar panels profitable?

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TeddyBear:

These days, everyone wants to save money and try to make their life easier. Many people buy solar panels to pay less for electricity. Does it really save a lot of money or is it a fantasy? What do you think about it?

WeigelP:
Yes, you're absolutely right now people are trying to save on everything and electricity is no exception. It does help to save money, but it will be over time, because from the beginning it will not show the proper value.

AlanW:
The use of solar panels is very economical budget.You can count how much money you spend on energy bills.It's a very large amount of money. If you install solar panels, you will save the budget and receive a surcharge from the state. I read about it on the website https://a1solarstore.com/tennessee-solar-information.html

CMurphy76:
It depends on the climate and how many panels do you have. In some cases this is the best option, but for example in England I don't think so. You also have to make sure that you check the regulations and taxes for creating your own electricity. In some cases it's so bad, that's it not worth it...

Shital:
As a general rule, 1 acre of solar panels produces about 351 MWh of electrical energy per year. The actual profit depends on the Country and State/location irradiance (Peak-sun-hours), but the average is approximately $14,000.

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