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re: Solar Panels - Yay or Nay

Posted on 7/14/23 at 5:39 pm to
Posted by Deplorableinohio
Member since Dec 2018
5652 posts
Posted on 7/14/23 at 5:39 pm to
Absolutely not. 23% capacity utilization.

Buddy of mine just got them against my strong recommendation not to do it.

Same size home as mine. He’s paying $140/month for 15 years for the panels. His electric bill runs about $90/month.

My bill is $120/month.

Do the math.
This post was edited on 7/14/23 at 8:31 pm
Posted by Korkstand
Member since Nov 2003
28745 posts
Posted on 7/14/23 at 6:25 pm to
quote:

Absolutely not. 23% capacities utilization.
I only utilize my truck about 3% of the time. And it only utilizes about 25% of the energy stored in the gas. Total waste of money.
quote:

Same size home as mine. He’s paying $140/month for 15 years for the panels. His electric bill runs about $90/month.

My bill is $120/month.

Do the math.
We can't do the math unless you tell us what his bills ran before the panels. Your bills don't matter. Also need size of his system. If genuinely only offsetting $30/month then he got screwed.

Either you, your neighbor, or both are dumbasses.
This post was edited on 7/14/23 at 6:41 pm
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