Are Solar Panels Worth it in Texas? | Solar Panels for Home | Realtor Perspective

Are Solar Panels Worth it in Texas? The answer is in this video (from a real estate agent and investor point of view). Solar panels for home can have an impact on re-sale. So it is important to understand, are solar panels worth it or not and is leasing solar panels worth it?

Although renewable energy is good for the environment (and that is great!), if your reasons for adding solar panels to your home are strictly financial, STOP and watch this video first.

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[JAspen-xenv]

I just spoke with Sunnova and the total cost would be 65k over 25 years and I would still have to pay $325 a month. Good thing I did not go for it

[HEC]

I am going to see a house later today with panels the payments are 200$ a month, what if I don’t want them ???

[charlesb]

I feel this video is loaded with a lot of opinion. I wish there would of been images shared to support you points of ROI and the value. One of the coolest things about TX is there a tax code (Texas tax code 11.27) that allows homeowners to benefit from property value increases from solar but not be impacted on property tax. I also feel it’s easier to transfer a system that a lease vs a loan. And lastly, is a shopper isn’t interested in a home with a pool they won’t look at homes with a pool. They won’t look at a solar home if it’s not a want. I wish this video were more responsible

[Qred]

Dont solar panels with a battery storage help in case of black outs? They could replace the need for spending $7k-$10k on a home generator.
Also you could kinda lock in a monthly bill (the cost of the equipment) instead of worrying about increases in electricity costs in the future, right?

[leonardosohler]

Hey Erica. I'm a bit confused as to why home buyers wouldn't want to take on the rest of the loan payments. Wouldn't that mean that they would be saving on electricity immediately, AND reach the payback period much sooner (since a lot of the loan would have been paid off already)?

Seems like a no brainer to me, unless they mistrust panels or don't like the look of them of course.

[dainrixey]

You clearly have not educated yourself. Also you have no idea on the power on compound interest or savings. Please educate yourself fully before going public. You just explained all the misconceptions and a true expert if you were willing to talk to one would be able to walk you through and help you understand better. Thanks!

[anvu]

What? This doesn’t make any sense. I know plenty of happy homeowners that have bought homes with solar.

For homeowners that buy solar, it’s like buying a home. You’re saving money from increasing rent and sell your home to a new buyer who pays off your remaining balance.