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Are residential solar panels worth it for my house?

While it is up to each of us to decide the best way to spend our hard-earned money, residential solar panels compare very favourably to other traditional forms of investment. With a solar payback period of between 4–10 years, this represents a simple investment return of between 10–25%. This is a significantly better return than the long term average returns for both shares or property. Here is a more detailed discussion on whether solar panels are worth it.

Of course, the exact answer to this question depends on the location of your home, the amount of electricity your home uses and the local prices of residential solar systems.

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