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re: Do we have any solar reps on MT? Best money decision of my life
Posted on 7/3/22 at 6:22 am to b-rab2
Posted on 7/3/22 at 6:22 am to b-rab2
quote:
So you’re saying it’s more than a two year payout. Duh.
No, he is saying that in 40 years, you still never turn a profit.
Once you factor in the money you could have invested, it shows how bad of a decision solar truly is.
$20,000 invested in a whole market fund that averages 10% per year (the historical average of the sp500) becomes $146k in 20 years.
Democrats would have to send oil prices twice as high before it's even something I would consider.
1
Posted on 7/5/22 at 1:03 pm to tenderfoot tigah
quote:That's my understanding as well. Plus the things are ugly. I even looked into a Tesla Roof which looks far better, but can push $100K on a large home.
No, he is saying that in 40 years, you still never turn a profit.
Once you factor in the money you could have invested, it shows how bad of a decision solar truly is.
There are various reasons to go with solar. Major cost savings, sans massive subsidy, just is not one of them.
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