Solar panels are most worth it if:
You own your home – If you own your home, you can benefit from adding solar panels. Installing solar panels can increase your property value and make you eligible for property tax exemption for added value and incentives.
Pay a high electricity rates – Electricity rates are constantly changing and can have a major impact on your monthly budget. If you have a high electricity rate, you can lock in your rate with solar energy.
High Monthly Energy bill – If you are paying $150 or more a month in energy bills, solar energy could be the answer to reducing your monthly costs.