The Dark Side of Solar Power: Hidden Costs and Declining Profits

🌞 After 23 years of having a solar power generator installed in my house, I realized the heavy reality of it.

💡 Solar energy is the second most important decision after buying a house, and it can become a burden in the long run.

🚫 Regardless of the benefits and improvements, solar energy is not an easy task to handle.

🔑 The cost of solar power systems has significantly decreased over the past 23 years.

💰 Solar power systems were very expensive in the past, but now they are more affordable.

⚡ The capacity of solar power systems has increased over time.

💡 The price of solar energy has been decreasing every year, similar to investing in a declining market.

⚡ Older solar panels with high installation volume and low efficiency cannot generate profit.

🏠 Solar energy loans have a higher interest rate but cash payment is the better option for profitability.

💰 Installation representatives can earn significant profits, especially for those who started early.

🎓 People who graduate from the fixed purchase plan will no longer benefit from it after 2019.

🌞 Solar panel prices have become cheaper over the years, making installation more affordable.

⚡ People who installed solar panels between 2009 and 2013 had a good return on investment due to lower costs.

💰 However, those who installed panels after 2015 faced decreasing profitability and additional fees.

⚡️ The actual selling price of solar energy varies and can be influenced by various factors.

💰 Even those without solar energy have to bear additional fees related to renewable energy and maintenance costs.

🏠 Installing solar panels on rooftops may seem like a good idea, but it still requires regular maintenance and disposal costs in the long run.

🤔 Installing solar panels is a long-term commitment with high removal costs.

🌑 Despite the heavy burden, the speaker plans to make the most of the solar panels.

💪 The realization of the financial implications came after 23 years of solar power generation.

🏠 After 23 years of having a residential solar power system, the speaker uncovers a heavy truth.

⚠️ The speaker learned the importance of making careful decisions and staying informed about current trends.

💡 The speaker warns against blindly investing in consumer goods, even with available information.