Thread: Solar Panel
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Old 02-15-2020, 10:57 AM
Fastskiguy Fastskiguy is offline
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Quote:
Originally Posted by sweethomeru View Post
My panels cost $13,188 after the 30% federal tax credit and provide 9,797 kWh/yr or 93% of my current energy needs. $13,188 divided by an adjusted $1191 (93%) equals a payback of 11 years.
Are you really getting 9797 KWh/yr or is that what the company says? Just asking because my dad is getting a fair bit less than what the panels were sold to produce and that is a big part of extending out the payout to 20 years for him.

It's sort like "these panels will produce 10,000 KWh/yr!" but they are only producing at that rate on a perfectly clear sky on Jun 21st. A cloudy mid december day is a whole lot different.