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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 5/7:

It's important to note that every household's situation is unique. Factors affecting potential savings include:

  • Roof Orientation: A south-facing roof typically yields the most solar energy, compared to east or west-facing roofs.

  • Household Electricity Use: Larger homes or less efficient households may not be able to offset 100% of their usage.

  • Maintenance and Degradation: Solar panels may degrade slightly over time, producing less energy after 25 years—commonly by about 10-20%.

  • Connection Fees: Many utility companies impose baseline connection fees, regardless of excess solar energy generation.

Incentives and Financing Options