4 FAQs about Is it safe to invest in solar power

Should you invest in solar power?

While anything will have some impact, solar-powered electricity offers much lower greenhouse gas emissions than oil and coal, and it doesn't do the same damage to the land that you see with fracking. Finally, solar investing could lead to a degree of energy independence.

Is solar a good investment?

If you aren't planning on moving for many years or have reason to believe the short-term energy savings and the boost to your home's value will recoup your investment, solar could pay off. If you don't have high energy costs or your state makes it harder to go solar, it might not be worth it financially.

Is solar energy a sustainable investment?

As more individuals, companies and governments become concerned about global climate change caused by carbon emissions, there's an increased interest in renewable energy as part of a socially responsible investing portfolio. One of the most often-cited types of alternative energy is solar power. 6 Places to Find Sustainable Investments.

Can solar panels save you money?

If your state has robust net metering or you have high energy costs, your solar panels could start saving you money in (relatively) short order. If you aren't planning on moving for many years or have reason to believe the short-term energy savings and the boost to your home's value will recoup your investment, solar could pay off.

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