Quote:
Originally Posted by Stu from NYC
It takes too many years to get you a payback and not sure if we have that many years so we passed on doing it.
BTW when your
roof goes the panels must come off and might be an added cost.
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My roof is only 5 years old so I had the slick tongue people gave me a quote, at the time we had a $7,500.00 Government funded incentive, the cost was amortized over 20 years (I am 75) the payments were more than savings, you will never get no bill, when you are generating more power than you need the smart meter will run backwards, but you have maintenance issues and also failures of panels and equipment. We decided not to do it payback is way too long since we are up in age plus the other factors. By the way when you sell the home you only get back about 10% of the cost.