Solar Power at Home
Solar power’s cost has fallen dramatically in recent years, thanks to new 20-year lease models: Providers install the system on your roof, continue to own it and sell you the electricity it produces. “Since 2007, you’ve had a huge decline in the cost of installing solar,” said Thomas Plagemann of Vivint Solar, a residential solar power provider. With investment credits from the government, homeowners on average pay 15 to 30 percent less than their current utility rate.
Keep In Mind: Make sure your roof is in good condition before panels are installed. Solar power won’t be as efficient if your roof faces north or there’s too much shade.
