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re: Rooftop Solar is about to collapse -Time Mag.
Posted on 1/29/24 at 11:44 am to Smeg
Posted on 1/29/24 at 11:44 am to Smeg
quote:
The true cost of solar panels exceed the lifetime savings on your electric bill.
If you use one of those rip-off companies that have huge commissions on top of everything else.
I’ve ordered and installed my own equipment. It should pay for itself in about 7 years. On top of that I have another available power source during power outages. And the ability to disconnect from the grid if I ever needed to.
So there are definitely other benefits from Solar besides its ability to pay for itself over time.
2
Posted on 1/29/24 at 11:51 am to Randman
quote:
If you use one of those rip-off companies that have huge commissions on top of everything else. I’ve ordered and installed my own equipment. It should pay for itself in about 7 years. On top of that I have another available power source during power outages. And the ability to disconnect from the grid if I ever needed to. So there are definitely other benefits from Solar besides its ability to pay for itself over time.
So this makes two people in this thread who actually have rooftop solar, and have posted positive comments.
Just curious if those who have been so negative are posting based on their experience?
Posted on 1/29/24 at 12:23 pm to Randman
Solar isn't for everyone, but its the right tool for some and has little to do with ROI.
First, if we based every home decision on ROI the residential pool industry would collapse.
Second, as battery tech continues to improve solar will because a more competitive option. My friend just spent a little less than $30,000 to replace a 12 year old whole house generator. If battery tech continues to improve to the point where a Tesla powerwall is 5K instead of 10K, then solar becomes a much more viable option, tax credit or not.
First, if we based every home decision on ROI the residential pool industry would collapse.
Second, as battery tech continues to improve solar will because a more competitive option. My friend just spent a little less than $30,000 to replace a 12 year old whole house generator. If battery tech continues to improve to the point where a Tesla powerwall is 5K instead of 10K, then solar becomes a much more viable option, tax credit or not.
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