© Scripps News / WCPO Solar panels.Rising utility costs might make you think it's time to go solar.
This promises big savings on your electricity bills.
But are solar panels right for your home?
Lynn Isaacs and her two-year-old son sell solar energy.
Isaac loves the solar panels installed in his yard and says they save his family hundreds of thousands of dollars in electricity every year.
the next one
"For the most part, I don't have $30 bills anymore," he said.
But not everyone who reached the sun was happy.
Victoria Parks says she's had nothing but problems after paying more than $20,000 for shingles last year.
"My financing started in October and I still don't have a solar panel," he said.
He waited months for repairs to get his boards working.
How do you know if you should consider solar?
So is solar right for you?
According to Haven Campbell of the nonprofit Solar United Neighbors, the potential for savings is real, but she cautions that not all homes are compatible with solar panels.
"Tree canopies won't let anyone get too much sun, but the good news is that trees are great and actually cool your house," she said.
Campbell says three "statements" help determine whether a home is compatible with solar panels:
- Shade or lack thereof. Too much shade means the panels won't produce as much electricity.
- A place for all those windows on your roof.
- South facing roof. If your house faces north, you will not have the best angle for the sun.
How much money does it cost?
With solar power, you can't ignore the cost.
According to the Center for Sustainable Energy, a typical residential system costs between $15,000 and $25,000, not including tax credits or incentives. Beware of "free" solar panel offers. Often this means no money, but for a while you may have to spend $200 a month.
But do not despair. Campbell says the savings will add up over time, even if you don't have 100% solar.
"Solar is inflation proof," he said.
After installation, its cost does not increase. But experts say it's worth removing if you think you'll need a new roof within the next three to four years, or if you plan to move soon. In most cases, it takes several years for your investment to break even.
Also check the company's ratings on the Better Business Bureau so you don't end up getting a bad install from a questionable company. Victoria Park hopes she will soon be able to enjoy the solar energy savings Lynn Isaacs and her young son see every day.
"I still want to go solar, but I don't want to deal with this company," he said.
See also: Home Selling Mistakes That Could Cost You Thousands of Dollars
