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I will make 33K in profit with mine.
Posted by Brian (more from Brian) on Thu, 23 Mar 2017 03:30:53
In Reply to: Re: Anyone have solar panels?, Tom G [Profile/Gallery]
, Wed, 22 Mar 2017 17:12:43
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Really depends on your electricity prices. I probably pay 3-4 times as much for electricity as someone in North Dakota does so they make financial sense here. The state incentives here are financed through charges on everyone's electric bill. So if you don't take advantage of the generous incentive your paying for your neighbor to get them.
Mine are estimated to produce 40k in power over the their 25 year life. Subtracting the 7k purchase that will be paid off in 6-7 years is a no brainer.
I agree that without the incentives and federal rebate they would make no sense for someone with cheap power say in Missouri.
I was reading on Californias time of use rates. Crazy how expensive the power can get there during peak afternoon a/c use.
posted by 98.217.17...
Posts in this Thread:
- Anyone have solar panels?, Brian, Wed, 22 Mar 2017 15:00:581
- Re: Anyone have solar panels?, JTRI , Thu, 23 Mar 2017 17:27:54
- Re: Looks like Scott had them installed in 2002, Brian, Thu, 23 Mar 2017 14:57:46
- Re: Anyone have solar panels?, JerseySaab , Thu, 23 Mar 2017 04:30:51
- Re: Anyone have solar panels?, EGD , Wed, 22 Mar 2017 20:20:29
- Re: Anyone have solar panels?, Tom G , Wed, 22 Mar 2017 17:12:43
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