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Is it worth a loan to create you own solar power??

Former Member

I know that eventually you can generate your own house hold power off grid. Now would it be worth it for one to have a small bank loan for such things or is this wishful thinking ???

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    Becoming independent from energy point of view is too early, right now. It's good to be environmentally aware, but it's not the appropriate time.

    Technology is still expensive and in the pioneering stage. As a school/university project is feasible, since the budget is allocated from research resources.

    The problem is not how to assembly the system components, which is pretty straight-forward, but to store the accumulated energy.

    The science is still lacking for solutions of energy storage, and the current methods have great chances to fail.

    In order to create such a system you must be dedicated and change the entire electric system of your house from 110V/220V to 12-15V.

    You can store the energy in deep cycle batteries, but the consumers has to be also on 12 V.

    When the components prices are on a lower levels you should invest in such system. It's more economic, it reduces your CO2 footprint and helps the environment.

    I recommend to ask more opinions, in various places, have a good documentation on energy systems and environmental issues and take the courage to make the first step (to invest).

    The challenge to make it work and be on profit comes in time. I wish you good luck with this project.

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  • 0

    Becoming independent from energy point of view is too early, right now. It's good to be environmentally aware, but it's not the appropriate time.

    Technology is still expensive and in the pioneering stage. As a school/university project is feasible, since the budget is allocated from research resources.

    The problem is not how to assembly the system components, which is pretty straight-forward, but to store the accumulated energy.

    The science is still lacking for solutions of energy storage, and the current methods have great chances to fail.

    In order to create such a system you must be dedicated and change the entire electric system of your house from 110V/220V to 12-15V.

    You can store the energy in deep cycle batteries, but the consumers has to be also on 12 V.

    When the components prices are on a lower levels you should invest in such system. It's more economic, it reduces your CO2 footprint and helps the environment.

    I recommend to ask more opinions, in various places, have a good documentation on energy systems and environmental issues and take the courage to make the first step (to invest).

    The challenge to make it work and be on profit comes in time. I wish you good luck with this project.

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