Home solar panels are literally a scam.

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[BetaEngineer]

I have a 1kW off-grid system with a 6kWh battery I built myself. Learned a lot. Spent less than $2, 000. I produce about 4kWh per day which is about 10% of my regular electric bill. It powers all of the important stuff like internet and TV which is important where I live since power outages are common.The first 250 watts of panels have the quickest payoff time since every house has clocks, chargers, and other miscellaneous phantom power draws. No need to install a full system all at once. Build gradually over time and analyze your own use and production. Don't take out loans either.

[TinyShinyHome]

👋We're the family shown multiple times in this video installing our own solar panel array. *I have no idea why this guy included us as we're completely off-grid, and DIY'd our own large solar system for way less money that it would have cost to run grid power to our desert homestead.* The issues with grid tied solar and predatory companies are real, but don't really have anything to do with us. We're very happy with our fully off-grid solar power system.

[sppoitier]

I'm glad that you mention that the issue is with solar panel company sales deals and not with solar energy itself.

[johnbrown]

I did about 6 weeks of door to door sales for a local solar company here in Texas.
I was not good at it so I didnt make much money. The guys who actually did the selling of these systems made damn good money. The company and guys who own/ran it were multimillionaires and in their early 30s.
There was a lot I dont know about the details in how they operate but i would do my best to be transparent, honest and ethical.
Like the disabled veteran who didnt qualify for the rebate. I ran into that exact situation and told they they didnt qualify and moved on. I made it a poont to tell homeowners it was a tax rebate rather that a check.
But yeah I have never experienced the instant hate from some people like I did doing this job.

[natange]

This not related to solar. Any company, in any industry, can operate dishonesty.

[auntbarbara]

Let me say this, even if this crap was FREE, there is NO WAY i would permit anyone to drill 2000 holes into my friggin roof!!

[prolarka]

So in summary,
"I trusted the salesperson of this company and didnt have any thought of checking his proposals. After signing the contract that I didnt read, now I see that I was fooled. Let's sue them!"

[jordankendall]

Just to be clear, if you receive a tax refund, then you could still use the solar tax credit. A tax refund simply means you paid more to the IRS then you owed. Therefore, for example, you could pay $13, 000 to the IRS through tax withholdings, but only owe $10, 000 when you file and get $3, 000 back as a refund. That $10, 000 you owed, could be reduced by the Solar Tax Credit. So, you really need to focus on what you actually pay in taxes (not the refund), which you can see on the return you filed.

[Elementlul]

My dad got some installed like 10 years ago. It paid for itself after 5 years. But keep in mind he lives In Las Vegas. One of the best places to own them

edit: typo

[ericinla]

PAID ONLY $14K to install twice as many Solar Panels as I needed (not going to explain). We create way more electricity than we can ever use. I used to pay $450 an average to the electric company. Now we pay $14 a month to be connected to the grid. That's it. BTW - I also charge my EV at zero cost at home. Off course I live in CA where we get tons of Sunlight. HUGE TIP: Get more panels than you will need by saying you are going to Install an EV, large electric appliances so they allow it. FYI - I paid cash and got a 30% Tax Credit.

[libsgundeck]

I had a big family. I paid a little over $300 an average month for electricity. I got solar with 20 year home improvement loan with a payment of $200 a month. I kept paying $300 towards my loan. ( Had about $20 electric bill for administrative changes monthly). I paid my loan off in ten years and now basically getting free electricity till I needs to rapier any panels that are still under warranty for another 10 years. Im in sunny FL...

[armorbearer]

Remember people. Never trust anyone that says you need to sign the dotted line right now. Always take time to check facts out for yourself.

[KaceyGreen]

My system was paid off in 16 months and the company kept doing everything they could to save me more money from making sure the home was as efficient as possible and making the inverters a bit smaller than my panels capacity so I didn't spend thousands extra matching them to catch a few dollars more sun per year, the extra would have paid off by the time to retire the system in a few decades, vs already being done like the ones they did install.

Point of the video stands though, you need to shop around and be mindful of people showing up at your door.

[aswithinsowithout]

My husband is an off grid expert and we have lots of solar. And I totally agree with this video. I’d love to see you do a video on the lies of electric cars. I don’t think they’re bad — we will definitely be getting one. But, I’ll never rely on electric cars. Or be fooled that EVs are good for the environment. As Tom Sowell says, “there are no solutions, only trade offs.”

[jvennings]

I think the key with solar is to be off the grid. But like people are mentioning, start slow. Currently almost half my bill is just administrative bloat.

[skersr]

my parent's have had solar panels for over 8 years and they have been good, they pay 90/month total instead of the 2-300$ electric bill

[hzmeister]

Solar makes sense if you live in a sunny region, buy them wholesale, and install yourself. It takes roughly 10 years to recoup your costs so anything after that is net positive for the remaining life of the system(~20 years total). If you have a battery backup, all electric appliances, and an electric car, the potential total savings can be significant if done right.

[Zale]

🎯 Key Takeaways for quick navigation:

00:40 💵 Solar companies promise big savings and government checks, but these claims are often false.
01:09 💼 Homeowners are left in debt while solar company executives profit from predatory sales tactics.
02:30 💡 Know your numbers and be cautious of door-to-door solar salespeople.
06:37 💰 Homeowners are overcharged for solar panels, loans, and interest rates, resulting in massive debt.
12:58 🚫 Many solar companies engage in fraudulent practices and rebrand to avoid lawsuits. Stay informed and research before investing in home solar energy.

[traedawg]

They took so long to finalize the installation, it gave me time to do extra research and ended up backing out. Best decision I’ve made

[arwencarlin]

I’ve been a solar energy consultant for 3 years and I’ve been through 4 different companies before I found the best. That’s the key. There are so many “solar companies” out there because anyone can start one. They don’t do the installations themselves but instead subcontract the work out to the actual solar installation company. Get a good, local company with great reviews, and that doesn’t subcontract out the installations. If you’re in Florida, let me know if you’re interested. I work for SunVena Solar & Roofing. We are a local, five-star rated solar installation company 🌞