Does solar save you money?

by Veronica on March 25, 2014

in Life

I’m asking here. We got solar just before summer and so far, while it’s made a bit of a difference, it’s not a huge difference.

Firstly, we bought our solar panels on a payment plan. This was probably our first big mistake, but not having a large sum of money tucked away, it was our only option. With the maths we were provided, it all looked amazing on paper. (It always does, right?) What we were repaying each fortnight was equal to what we’d been spending on Pay As You Go power, so we weren’t going to be any worse off.

Our first power bill after having the panels installed therefore, was a bit of a shock. We’d expected a small bill, but $300 for 50 days?

I think my jaw fell open and stayed there for days.

We enquired some more. Why weren’t we covering as much power as we thought we would? What was going on?

Had we made a giant mistake?

Read the rest at Money Circle.

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