We leased our solar panels from Solar City- they installed our 41 panel solar system with zero upfront costs. It was pitched to us that we'd see a 30-40% reduction in electricity bill, but it ended up being more like 6%. More importantly we drastically reduced our impact on the environment. We learned quite a few things during the entire process and are happy to share our key take-aways with you!
When Solar City came knocking at our door we didn't even realize that going solar would be an option for us. We thought it'd take a $30,000+ investment that we definitely don't have just laying around. With Solar City they have a leasing option that will cost us less than our current electric bill a month.
watch the solar panels going up
See a birds-eye view of the whole install of our solar panels. Our plan is to significantly reduce our carbon footprint with this solar panel install. We are firm believers in personal responsibility and want to pass that belief onto our children.
Rising Energy Costs
Lets face it, the costs of energy are not going down. If you have ever had to shop for an electric provider, you know the old bait and switch game they like to play. They show you a nice teaser price per kWh so you think you're getting a great deal. Then your first bill comes and when all the fees and taxes are added in, you end up with something much higher than you expected. Not only that, but once your contract expires, those prices will increase so you have to go through the entire comparison shopping experience again. What a pain!!!
Leasing solar panels vs. buying
We saved a paltry average of 6% a month on our electric bill. Money savings wasn't our primary driver... more like a nice side benefit, our primary motivation was to lower our carbon footprint. There's one more CON to signing 20 year lease at a variable kWh rate...
A typical residential solar panel system will eliminate 3-4 tons of carbon emissions each year. Thats roughly the equivalent of planting over 100 trees every single year! One aspect of that responsibility is owning up to our energy consumption and waste. If we can affect this by installing solar panels, its a no brainer.
"If you want to make the world a better place, take a look at yourself and make the change".